Follow-On Offering

Real Estate
Follow-On Offering

Summary

Baird served as a joint lead manager on this offering.

About

Retail Opportunity Investments Corp. (the “Company”) (NASDAQ:ROIC) recently completed a follow-on offering of 6,555,000 shares at a price of $21.25 per share, generating gross proceeds of approximately $139 million. The Company intends to use the net proceeds from this offering for debt repayment and general corporate purposes.

Retail Opportunity Investments Corp. is a fully integrated and self-managed real estate investment trust. The Company specializes in the acquisition, ownership and management of necessity based community and neighborhood shopping centers on the west coast of the United States, anchored by supermarkets and drugstores. As of March 31, 2016, Retail Opportunity Investments Corp’s portfolio consisted of 75 retail properties totaling approximately 8.8 million square feet of gross leasable area. The Company is headquartered in San Diego, California.

For additional information about this transaction, please contact:

Steve Goldberg +1 (202) 303-1808
Ryan Engelhardt +1 (414) 298-2637
Adam Lefkowitz +1 (202) 303-1817
Sandy Walter +1 (414) 298-5118
Real Estate
Follow-On Offering
Date
July 2016
Company
Retail Opportunity Investments Corp.
Transaction
M&A
Sectors
Real Estate
Target Location
North America

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