Retail REIT InvenTrust Focusing on Sun Belt
July 12, 2017 | REIT.com
Thomas McGuinness, president and CEO of InvenTrust Properties Corp., joined REIT.com for a video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown.
InvenTrust is a public non-listed REIT that focuses on open-air retail centers.
McGuinness discussed InvenTrust’s strategy of rotating out of secondary and tertiary markets, primarily located in the Rust Belt, and into the Sun Belt. In the process, the company has reduced the number of markets where it operates to 15, he noted.
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