Profile: Retail Opportunity Investments Corp (ROIC.OQ)
13.60USD
1 Aug 2013
$-0.10 (-0.73%)
$13.70
$13.71
$13.74
$13.36
180,522
162,388
$15.78
$12.08
Retail Opportunity Investments Corp., incorporated on March 22, 2011, is a fully integrated, self-managed real estate investment trust (REIT). The Company specializes in the acquisition, ownership and management of necessity-based community and neighborhood shopping centers in the western region of the United States, anchored by national and regional supermarkets and drugstores. As of December 31, 2012, the Company's portfolio consisted of 44 wholly-owned retail properties totaling approximately 4.4 million square feet of gross leasable area (GLA), and one retail property owned through a joint venture, encompassing approximately 464,000 square feet of GLA. On December 4, 2012, it acquired a shopping center in Cypress, California, located in Orange County. On December 27, 2012, it acquired a shopping center in Redondo Beach, California, within the Los Angeles metropolitan area. On December 27, 2012, the Company acquired a shopping center in Garden Grove, California, in Orange County.
On February 16, 2012, the Company acquired a shopping center in Marysville, Washington, within the Seattle metropolitan area. On March 29, 2012, the Company acquired a shopping center in San Diego, California (Euclid Plaza). Euclid Plaza is anchored by a Vallarta Supermarket and Walgreens. On May 3, 2012, the Company acquired a shopping center in Shoreline, Washington, within the Seattle metropolitan area (Aurora Square). Aurora Square is anchored by a Central Supermarkets. On May 4, 2012, the Company acquired a shopping center in Foster City, California, within the San Francisco Bay Area (Marlin Cove). Marlin Cove is anchored by a 99 Ranch Supermarket. On July 24, 2012, the Company acquired a shopping center in Novato, California, within the San Francisco metropolitan area (Village at Novato). The Village at Novato is anchored by Traders Joe’s. Included in the acquisition is an adjacent parcel entitled for 55,000 square of additional retail space. On August 1, 2012, the Company acquired a shopping center in Glendora, California, within the Los Angeles metropolitan area (Glendora Shopping Center).
On August 1, 2012, the Company acquired the remaining interest in Wilsonville Old Town Square from its joint venture partner. The property is a newly developed shopping center that is anchored by Kroger (Fred Meyer) (NAP). The property is located in Wilsonville, Oregon, within the Portland metropolitan area. On October 5, 2012, the Company acquired a shopping center in San Diego, California, (Bay Plaza). Bay Plaza is anchored by Seafood City Supermarket. On November 8, 2012, the Company acquired a shopping center in San Jose, California (Santa Teresa Village). Santa Teresa Village is anchored by Raley’s (Nob Hill) Supermarket and Ace hardware.
Company Address
Retail Opportunity Investments Corp
Suite 108, 8905 Towne Centre Dri
SAN DIEGO CA 92122
P: +1858.6770900
F: +1858.4083668
Company Web Links
| Name | Compensation |
|---|---|
Richard Baker |
720,005 |
Stuart Tanz |
3,156,180 |
Michael Haines |
427,941 |
Richard Schoebel |
1,022,430 |
Laurie Sneve |
223,574 |

