RVI Announces Sale of Chick-fil-A Pad – West Allis Center

On March 1, 2019, Retail Value Inc. (NYSE:RVI) closed on the sale of the Chick-fil-A Pad at West Allis Center (West Allis, WI) for $2.2 million. Net proceeds were used to repay mortgage debt associated with RVI.

RVI owns interests in 25 properties located in the continental U.S. and 12 properties in Puerto Rico.

RVI is an independent publicly traded company trading under the ticker symbol “RVI” on the New York Stock Exchange. RVI holds assets in the continental U.S. and Puerto Rico and is managed by one or more subsidiaries of SITE Centers Corp. (formerly known as DDR Corp.). RVI focuses on realizing value in its business through operations and sales of its assets.