Wheeler Real Estate Investment Trust

Wheeler Real Estate Investment Trust, Inc. (WHLR) is a fully-integrated, self-managed real estate investment trust (REIT) specializing in owning, leasing, and operating income-producing retail properties. Established in 2011, the company focuses primarily on grocery-anchored centers located in secondary and tertiary markets. By offering consistent consumer traffic, these centers provide stable revenue streams less susceptible to economic fluctuations. As of December 31, 2023, Wheeler's portfolio includes 79 properties totaling over 8 million square feet, strategically dispersed across the Mid-Atlantic, Southeast, and Northeast regions. WHLR emphasizes strong tenant relationships and efficient property management to maximize portfolio value.

Products and Services

Ownership and operation of retail shopping centers

Leasing of retail space, primarily in grocery-anchored centers

Management of tenant leasing and property maintenance

Capital improvements in retail locations

Strategic acquisitions of retail properties

What Makes Wheeler Real Estate Investment Trust, Inc. Special

Wheeler's specialization in grocery-anchored retail properties in secondary and tertiary markets sets it apart. This focus allows WHLR to capitalize on necessity-based shopping habits while benefiting from stable, high-traffic locations that maintain steady revenue regardless of broader economic conditions.

Five Things You Need to Know

Wheeler owns and operates 79 properties, primarily in grocery-anchored centers.

WHLR's properties span over 8 million square feet and are 93.7% leased as of December 31, 2023.

The company completed a significant merger with Cedar Realty Trust in 2022, expanding its portfolio.

WHLR emphasizes necessity-based retail to ensure stable and predictable cash flows.

The company's strategy includes improving property performance and expanding market presence through targeted acquisitions.