Company description

ROIC, or Retail Opportunities Investment Corporation, is a real estate investment trust (REIT) that specializes in owning and operating shopping centers. Founded in 1998, the company is headquartered in Newport Beach, California and has a diverse portfolio of high-quality retail properties located primarily in major metropolitan markets throughout the United States. With a focus on providing best-in-class shopping experiences for consumers, ROIC's properties house a wide range of tenants, including national and regional retailers, restaurants, and entertainment venues. The company's strength lies in its ability to acquire, develop, and manage properties that generate stable and sustainable cash flows, resulting in consistent returns for its investors. ROIC also prides itself on its commitment to sustainability and community involvement, with many of its properties boasting LEED certification and partnerships with local organizations. As of 2021, ROIC's portfolio consists of over 90 properties, totaling approximately 21 million square feet of retail space. With a strong track record of success and a solid balance sheet, ROIC is well-positioned for future growth and continues to be a leader in the retail real estate industry.