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Retail Opportunity Investments Corp. Awarded 2021 Green Lease Leader

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Retail Opportunity Investments Corp. (NASDAQ:ROIC) has been honored as a 2021 Green Lease Leader by the U.S. Department of Energy’s Better Buildings Alliance, achieving the highest 'Gold' designation. This recognition highlights ROIC's commitment to enhancing energy efficiency, cost savings, air quality, and sustainability in its leasing practices. CEO Stuart A. Tanz emphasized the company’s proactive engagement with tenants to integrate environmental sustainability into its operations. ROIC owns 88 grocery-anchored shopping centers, totaling approximately 10.1 million square feet, primarily on the West Coast.

Positive
  • ROIC awarded 'Gold' level as a 2021 Green Lease Leader, indicating strong commitment to sustainability.
  • Recognition enhances ROIC's reputation in environmental, social, and governance practices.
  • Proactive efforts in sustainability may attract more eco-conscious tenants.
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SAN DIEGO, May 17, 2021 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today that it has been selected as a 2021 Green Lease Leader by the U.S. Department of Energy’s Better Buildings Alliance and the Institute for Market Transformation. Specifically, ROIC was awarded the highest “Gold” level designation in recognition of its initiatives to incorporate critical energy efficiency, cost savings, air quality and sustainability criteria into its leases.

Stuart A. Tanz, President and Chief Executive Officer of Retail Opportunity Investments Corp., stated, “We are pleased to have earned this award and to again be recognized as a leader in terms of our environmental, social and governance best practices. As this latest award reflects, we are proactively engaged and working collaboratively with our tenants to integrate environmental sustainability into every aspect of our portfolio operations.”

ABOUT RETAIL OPPORTUNITY INVESTMENTS CORP.

Retail Opportunity Investments Corp. (NASDAQ: ROIC), is a fully-integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely-populated, metropolitan markets across the West Coast.  As of March 31, 2021, ROIC owned 88 shopping centers encompassing approximately 10.1 million square feet.  ROIC is the largest publicly-traded, grocery-anchored shopping center REIT focused exclusively on the West Coast.  ROIC is a member of the S&P SmallCap 600 Index and has investment-grade corporate debt ratings from Moody's Investor Services, Standard & Poor’s, and Fitch Ratings, Inc.  Additional information is available at: www.roireit.net.

When used herein, the words "believes," "anticipates," "projects," "should," "estimates," "expects," “guidance” and similar expressions are intended to identify forward-looking statements with the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and in Section 21F of the Securities and Exchange Act of 1934, as amended. Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results of ROIC to differ materially from future results expressed or implied by such forward-looking statements. Information regarding such risks and factors is described in ROIC's filings with the SEC, including its most recent Annual Report on Form 10-K, which is available at: www.roireit.net.

Contact:
Ashley Rubino, Investor Relations
858-677-0900
arubino@roireit.net


FAQ

What does the Green Lease Leader award mean for ROIC?

The award signifies ROIC's commitment to sustainability and energy efficiency in its leases.

When was ROIC recognized as a Green Lease Leader?

ROIC was recognized on May 17, 2021.

What is ROIC's stock symbol?

ROIC's stock symbol is NASDAQ:ROIC.

How many shopping centers does ROIC own?

ROIC owns 88 grocery-anchored shopping centers.

What is the total square footage of ROIC's properties?

ROIC's properties total approximately 10.1 million square feet.

Retail Opportunity Investments Corp.

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2.22B
123.63M
3.26%
101.95%
1.44%
REIT - Retail
Real Estate Investment Trusts
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United States of America
SAN DIEGO