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InvenTrust Properties to buy shopping centre in Georgia

  • Region:

    United States of America

  • Sector:

    Real Estate

  • Deal Size:

    $44.2 million

  • Buy Side Company:

    InvenTrust Properties Corp.
  • Sell Side Company:

    Pet Supplies Plus, Inc., The Kroger Co.
  • Target Company:

InvenTrust Properties Corp. has announced its acquisition of Sandy Plains Centre in Marietta, Georgia from Kroger Co. and Pets Supply Plus, Inc. The deal is valued at $44.2 million. Based in the United States, InvenTrust Properties is a pure-play retail company with a focus on acquiring grocery-anchored open-air centers in key growth markets with favorable demographics. Kroger Co. and Pets Supply Plus are both retailers.

Tags:

Real estate,Commercial real estate,real estate deals,Commercial real estate deals