Ramco-Gershenson Acquires Grocery-Anchored Shopping Center in Metropolitan St. Louis, Missouri

Loading...
Loading...
Ramco-Gershenson Properties Trust
RPT
announced today that it has acquired Heritage Place, a 270,000 square foot shopping center in Creve Coeur, a suburb of St. Louis, Missouri. Heritage Place is anchored by a 74,721 square foot Dierberg's Supermarket. Dierberg's is a dominant upscale grocer in the St. Louis market. The 90.1% leased shopping center also features a number of additional creditworthy national tenants including Marshalls, T.J. Maxx, Office Depot and Petco. Heritage Place is the fourth grocery-anchored shopping center acquired by the Company since the third quarter of 2010.
Posted In: NewsM&AFinancialsRetail REIT's
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...