InvenTrust sells 5 California assets for $306M, reinvests in Sun Belt markets

InvenTrust Properties Corp.

Completed sale of California Portfolio for ~$306M to multiple purchaser entities.
Approx. $275M of proceeds allocated to closed/under contract/awarded acquisitions.
Reinvestment targets Atlanta, Charleston, Phoenix, Central Florida, Richmond, San Antonio.
One remaining California asset expected to be sold by end of 2025.
Company reaffirms net acquisition guidance of $100M for the year.

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