Retail Value Inc. Announces Sale of Green Ridge Square
December 06, 2021 at 05:20 pm
On December 6, 2021, Retail Value Inc. closed on the sale of Green Ridge Square (Grand Rapids, Michigan) for $23.3 million in cash prior to closing costs, prorations and other closing adjustments. Net proceeds received at closing were approximately $22.3 million. Subsequent to the transaction, RVI owns interests in two properties located in the continental U.S.