InvenTrust Properties Corp. announced on June 12, 2025, the successful disposition of a portfolio consisting of five California assets for approximately $306 million. This transaction represents a significant step in the company's ongoing strategy of portfolio optimization and capital reallocation.
Approximately $275 million of the proceeds from this sale have already been allocated to acquisitions that have either closed, are under contract, or have been awarded. This swift redeployment of capital demonstrates InvenTrust's disciplined approach to reinvesting in higher-growth opportunities.
The proceeds are being strategically reinvested into key Sun Belt markets, including Atlanta, Charleston, Phoenix, Central Florida, Richmond, and San Antonio. These markets are targeted for their robust economic fundamentals and strong population growth, aligning with InvenTrust's core focus. The company also noted that one remaining California asset is slated for disposition by the end of the year, further solidifying its Sun Belt concentration.
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