Retail Properties of America (RPAI) to Strategically Realign Operating Platform

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Go back to Retail Properties of America (RPAI) to Strategically Realign Operating Platform

Retail Properties Of America, Inc. Announces Strategic Realignment Of Its Operating Platform

July 14, 2015 4:01 PM EDT

OAK BROOK, Ill., July 14, 2015 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (or the "Company") today announced a strategic realignment of its operating platform designed to reflect the Company's portfolio transformation progress.

Since the announcement of the Company's strategic plan at its Investor Day in June 2013, the Company has continued to actively refine its portfolio, acquiring $1.0 billion of high quality, multi-tenant retail assets in its target markets, strengthening its multi-tenant retail footprint in these markets by... More