Retail Properties of America (RPAI) 16.20 $RPAI
Retail Properties Of America, Inc. Signs Lease At Zurich Towers With Paylocity
PR Newswire - Thu Jun 02, 3:15PM CDT
OAK BROOK, Ill., June 2, 2016 /PRNewswire/-- Retail Properties of America, Inc. (NYSE: RPAI) (or the "Company"
announced today that it has signed a 15-year lease with Paylocity for approximately 309,000 square feet at its Zurich Towers office building. Paylocity will phase into its total footprint beginning in late 2016 and continuing through early 2019, satisfying its immediate occupancy needs while it efficiently transitions into the new space.
RPAI: 16.20 (unch)
Paylocity extends commitment to Chicagoland area with new corporate headquarters
GlobeNewswire - Thu Jun 02, 3:05PM CDT
Paylocity Holding Corporation (Nasdaq
CTY), a cloud-based provider of payroll and human capital management software solutions, today announced it will be moving to a new corporate headquarters.
PCTY: 39.67 (-0.64), RPAI: 16.20 (unch)
Retail Properties of America, Inc. to Present at 2016 NAREIT Investor Forum
PR Newswire - Wed Jun 01, 3:39PM CDT
Retail Properties of America, Inc. (NYSE: RPAI) (or the "Company" today announced that Steven P. Grimes, president and chief executive officer, will present at the National Association of Real Estate Investment Trusts REITWeek 2016 Investor Forum® in New York City. The Company's presentation is scheduled for Wednesday, June 8, 2016, from 1:15 p.m. - 1:45 p.m. EDT and can be accessed live via the following website: https://reitstream.com/reitweek2016/rpai. The presentation will also be archived and available for replay on the Company's website at www.rpai.com.
RPAI: 16.20 (unch)
Retail Properties Of America, Inc. To Report Second Quarter 2016 Financial Results
PR Newswire - Mon May 23, 5:00AM CDT
Retail Properties of America, Inc. (NYSE: RPAI) (the "Company" today announced that it will release financial results for the second quarter ended June 30, 2016, after the market closes on Tuesday, August 2, 2016. The Company will host a conference call on Wednesday, August 3, 2016, at 10:00 AM (ET) to discuss the financial results and other matters affecting the Company.
RPAI: 16.20 (unch)
Macerich to Bring WithMe Technology through Century 21
Zacks Equity Research - Zacks Investment Research - Fri May 20, 6:18AM CDT
The Macerich Company (MAC) has made the announcement of bringing the transformative smart retail concept at Santa Monica Place, through WithMe.
ROIC: 20.66 (-0.19), BFS: 57.90 (-0.87), RPAI: 16.20 (unch), MAC: 78.64 (-0.03)
Death of the American Mall
David Bartosiak - Zacks Investment Research - Tue May 17, 4:46PM CDT
Macy's, JC Penny, and Nordstrom all reported disappointing same store sales. Where does it stop?
AMZN: 715.24 (-2.67), FOSL: 26.87 (-1.18), SPG: 201.73 (+1.47), BFS: 57.90 (-0.87), JCP: 8.08 (-0.12), M: 31.60 (-1.64), JWN: 37.68 (-1.20), RPAI: 16.20 (unch), GPS: 18.91 (-0.01), FINL: 17.09 (-0.27)
Can Simon Property (SPG) Ride High on New Developments?
Zacks Equity Research - Zacks Investment Research - Fri May 13, 7:23AM CDT
We uploaded our research report on Simon Property Group, Inc. (SPG) on May 12, 2016.
ROIC: 20.66 (-0.19), SPG: 201.73 (+1.47), RPAI: 16.20 (unch), UE: 27.61 (-0.52)
Agree Realty (ADC) Raises 2016 Acquisition Guidance
Zacks Equity Research - Zacks Investment Research - Thu May 12, 7:53AM CDT
Agree Realty Corp. (ADC) has made the announcement of raising the acquisition guidance range for 2016 from the earlier range of $175 million-$200 million to a new range of $250 million-$275 million.
PEI: 21.70 (-0.27), ROIC: 20.66 (-0.19), RPAI: 16.20 (unch), ADC: 44.28 (+0.04)
RPAI Signs Another First-To-Market Lease In The Seattle MSA
PR Newswire - Mon May 09, 12:40PM CDT
Retail Properties of America, Inc. (NYSE: RPAI) (or the "Company" announced today the signing of a new lease with The Wine Cellar Group to open The Wine Cellar Outlet at Heritage Square located in the Seattle Metropolitan Statistical Area (MSA). This is The Wine Cellar Group's first brick and mortar location in the state of Washington and another significant step for RPAI in upgrading the tenancy at the shopping center. The Wine Cellar Outlet will join The Corner Bakery Café, another first-to-market retailer previously announced last summer. The new location will be approximately 1,600 square feet and is expected to open in late 2016.
RPAI: 16.20 (unch)
Retail Properties of America reports 1Q results
Automated Insights - Mon May 02, 4:15PM CDT
OAK BROOK, Ill. (AP) _ Retail Properties of America Inc. (RPAI) on Monday reported a key measure of profitability in its first quarter. The results exceeded Wall Street expectations.
RPAI: 16.20 (unch)
Retail Properties Of America, Inc. Reports First Quarter Same Store NOI Increase Of 3.1%
PR Newswire - Mon May 02, 3:01PM CDT
Retail Properties of America, Inc. (NYSE: RPAI) (the "Company" today reported financial and operating results for the quarter ended March 31, 2016.
RPAI: 16.20 (unch)
RPAI Appoints Paula Maggio To Serve As Executive Vice President, General Counsel And Secretary
PR Newswire - Wed Apr 27, 3:30PM CDT
Retail Properties of America, Inc. (NYSE: RPAI or the "Company" announced today that Paula C. Maggio has been appointed to serve as Executive Vice President, General Counsel and Secretary, effective May 2, 2016.
RPAI: 16.20 (unch)
Retail Properties Of America, Inc. Announces Second Quarter 2016 Dividends On Preferred And Common Stock
PR Newswire - Tue Apr 26, 5:00AM CDT
Retail Properties of America, Inc. (NYSE: RPAI) (the "Company" today announced that its Board of Directors declared the second quarter dividend for the Company's 7.00% Series A Cumulative Redeemable Preferred Stock. The dividend of $0.4375 per preferred share will be paid on June 30, 2016 to preferred stockholders of record on June 20, 2016.
RPAI: 16.20 (unch)
Bluemercury Makes #ShopBishop Even More Beautiful at The Shops at Legacy
PR Newswire - Tue Mar 29, 8:00AM CDT
Plano's favorite shopping destination, The Shops at Legacy, is about to get even more beautiful, as the nation's largest, and fastest growing luxury beauty products and spa retail chain, Bluemercury, debuts on Bishop Road in the fall of 2016.
RPAI: 16.20 (unch)
Retail Properties of America, Inc. to Present at the Citi 2016 Global Property CEO Conference
PR Newswire - Mon Mar 07, 4:44PM CST
Retail Properties of America, Inc. (NYSE: RPAI) (or the "Company" today announced that Steven P. Grimes, president and chief executive officer, will present at the Citi 2016 Global Property CEO Conference. The Company's presentation is scheduled for 7:30 a.m. ET on Tuesday, March 15, 2016 and may be accessed via the following webcast link: http://www.veracast.com/webcasts/citigroup/gl...422424.cfm
RPAI: 16.20 (unch)
Retail Properties of America, Inc. Sells The Gateway in Salt Lake City, Utah
PR Newswire - Mon Feb 01, 4:31PM CST
Retail Properties of America, Inc. (NYSE: RPAI) (or the "Company" announced today that the Company sold The Gateway through a lender-directed sale in full satisfaction of its mortgage debt of approximately $94.4 million. The mortgage had an interest rate of 6.57%. The Company expects to record gains on the sale and extinguishment of debt in the first quarter of 2016.
RPAI: 16.20 (unch)
Retail Properties Of America, Inc. Acquires A Two-Property Portfolio In The Greater Washington, D.C./Baltimore Area
PR Newswire - Mon Jan 25, 5:00AM CST
Retail Properties of America, Inc. (NYSE: RPAI) (or the "Company" announced today that it closed on the acquisition of a two-property portfolio, which included Merrifield Town Center II ("Merrifield II" and Shoppes at Hagerstown, both located in the greater Washington, D.C./Baltimore area. The properties were acquired through an off-market transaction, on an unencumbered basis, for a combined purchase price of $72.7 million.
RPAI: 16.20 (unch)
Retail Properties of America completes USD980m of investment activity in 2015
M2 - Wed Jan 13, 5:49AM CST
Retail Properties of America, Inc. (NYSE: RPAI) has reported total 2015 investment activity of approximately USD979.5 million, consisting of USD463.1 million of acquisitions and USD516.4 million of dispositions, the company said. The company also continued to demonstrate the strength of its balance sheet with total 2015 capital markets activity of USD1.45 billion, including its amended and restated credit facility of USD1.2 billion and the public offering of USD250.0 million of its investment grade senior unsecured notes. In 2015, the company reported the acquisition of eight high-quality multi-tenant retail assets and three strategically adjacent retail assets for approximately USD463.1 million. The company also completed approximately USD516.4 million of dispositions. In 2015, the company completed a public offering of USD250.0 million in aggregate principal amount of its 4.00 percent senior unsecured notes due 2025; obtained commitments on a USD1.2 billion amended and restated credit facility increasing total capacity by USD200.0 million, extending the term by a weighted average of 2.2 years and lowering the interest rate by a weighted average of 13 basis points; repaid USD425.4 million of mortgage and construction debt, excluding amortization, with a weighted average interest rate of 5.54 percent; and defeased USD70.1 million of mortgage debt with an interest rate of 7.50 percent in connection with its 2015 disposition activity. Retail Properties of America, Inc. is a REIT and is a large owner and operator of high quality, strategically located shopping centers in the United States. As of September 30, 2015, the Company owned 201 retail operating properties representing 29.2 million square feet.
RPAI: 16.20 (unch)
Retail Properties of America closes USD1.2b unsecured credit facility
M2 - Tue Jan 12, 9:27AM CST
Retail Properties of America, Inc. (NYSE: RPAI) has closed on the previously announced USD1.2 billion amended and restated unsecured credit facility, increasing the capacity on the existing unsecured revolver by USD200-USD750 million, the company said. Wells Fargo Securities, LLC, KeyBanc Capital Markets Inc., US Bank National Association, PNC Capital Markets LLC and Regions Capital Markets served as co-lead arrangers, with KeyBank, NA to serve as administrative agent and Wells Fargo Bank, NA to serve as syndication agent. US Bank National Association, PNC Capital Markets LLC, Regions Capital Markets, Bank of America, N.A., Citibank, N.A., The Bank of Nova Scotia, Capital One, N.A., Deutsche Bank Securities Inc. and Morgan Stanley Senior Funding, Inc. served as documentation agents. Set pricing, which is based on the company's leverage, is at LIBOR plus 135 basis points, a 15 basis point decrease from the previous rate, reducing the loan amount on the existing unsecured term loan by USD250 million to USD200 million. The maturity date extends from May 12, 2017 to January 5, 2020. Retail Properties of America, Inc. is an REIT and an owner and operator of shopping centers in the United States. As of September 30, 2015, the company owned 201 retail operating properties representing 29.2 million square feet.
DB: 15.18 (-0.56), RPAI: 16.20 (unch), WFC: 47.97 (-0.37)
RPAI Continues To Upgrade Tenancy at Lake Worth Towne Crossing
PR Newswire - Tue Jan 12, 8:00AM CST
Retail Properties of America, Inc. (NYSE:RPAI or the "Company" announced today that Michaels and Five Below have both signed leases at Lake Worth Towne Crossing in Lake Worth, Texas, and are expected to open mid-2016.
RPAI: 16.20 (unch), FIVE: 43.99 (-0.71)
Retail Properties Of America, Inc. Signs Lease At Zurich Towers With Paylocity
PR Newswire - Thu Jun 02, 3:15PM CDT
OAK BROOK, Ill., June 2, 2016 /PRNewswire/-- Retail Properties of America, Inc. (NYSE: RPAI) (or the "Company"
announced today that it has signed a 15-year lease with Paylocity for approximately 309,000 square feet at its Zurich Towers office building. Paylocity will phase into its total footprint beginning in late 2016 and continuing through early 2019, satisfying its immediate occupancy needs while it efficiently transitions into the new space. RPAI: 16.20 (unch)
Paylocity extends commitment to Chicagoland area with new corporate headquarters
GlobeNewswire - Thu Jun 02, 3:05PM CDT
Paylocity Holding Corporation (Nasdaq
CTY), a cloud-based provider of payroll and human capital management software solutions, today announced it will be moving to a new corporate headquarters. PCTY: 39.67 (-0.64), RPAI: 16.20 (unch)
Retail Properties of America, Inc. to Present at 2016 NAREIT Investor Forum
PR Newswire - Wed Jun 01, 3:39PM CDT
Retail Properties of America, Inc. (NYSE: RPAI) (or the "Company"
today announced that Steven P. Grimes, president and chief executive officer, will present at the National Association of Real Estate Investment Trusts REITWeek 2016 Investor Forum® in New York City. The Company's presentation is scheduled for Wednesday, June 8, 2016, from 1:15 p.m. - 1:45 p.m. EDT and can be accessed live via the following website: https://reitstream.com/reitweek2016/rpai. The presentation will also be archived and available for replay on the Company's website at www.rpai.com. RPAI: 16.20 (unch)
Retail Properties Of America, Inc. To Report Second Quarter 2016 Financial Results
PR Newswire - Mon May 23, 5:00AM CDT
Retail Properties of America, Inc. (NYSE: RPAI) (the "Company"
today announced that it will release financial results for the second quarter ended June 30, 2016, after the market closes on Tuesday, August 2, 2016. The Company will host a conference call on Wednesday, August 3, 2016, at 10:00 AM (ET) to discuss the financial results and other matters affecting the Company. RPAI: 16.20 (unch)
Macerich to Bring WithMe Technology through Century 21
Zacks Equity Research - Zacks Investment Research - Fri May 20, 6:18AM CDT
The Macerich Company (MAC) has made the announcement of bringing the transformative smart retail concept at Santa Monica Place, through WithMe.
ROIC: 20.66 (-0.19), BFS: 57.90 (-0.87), RPAI: 16.20 (unch), MAC: 78.64 (-0.03)
Death of the American Mall
David Bartosiak - Zacks Investment Research - Tue May 17, 4:46PM CDT
Macy's, JC Penny, and Nordstrom all reported disappointing same store sales. Where does it stop?
AMZN: 715.24 (-2.67), FOSL: 26.87 (-1.18), SPG: 201.73 (+1.47), BFS: 57.90 (-0.87), JCP: 8.08 (-0.12), M: 31.60 (-1.64), JWN: 37.68 (-1.20), RPAI: 16.20 (unch), GPS: 18.91 (-0.01), FINL: 17.09 (-0.27)
Can Simon Property (SPG) Ride High on New Developments?
Zacks Equity Research - Zacks Investment Research - Fri May 13, 7:23AM CDT
We uploaded our research report on Simon Property Group, Inc. (SPG) on May 12, 2016.
ROIC: 20.66 (-0.19), SPG: 201.73 (+1.47), RPAI: 16.20 (unch), UE: 27.61 (-0.52)
Agree Realty (ADC) Raises 2016 Acquisition Guidance
Zacks Equity Research - Zacks Investment Research - Thu May 12, 7:53AM CDT
Agree Realty Corp. (ADC) has made the announcement of raising the acquisition guidance range for 2016 from the earlier range of $175 million-$200 million to a new range of $250 million-$275 million.
PEI: 21.70 (-0.27), ROIC: 20.66 (-0.19), RPAI: 16.20 (unch), ADC: 44.28 (+0.04)
RPAI Signs Another First-To-Market Lease In The Seattle MSA
PR Newswire - Mon May 09, 12:40PM CDT
Retail Properties of America, Inc. (NYSE: RPAI) (or the "Company"
announced today the signing of a new lease with The Wine Cellar Group to open The Wine Cellar Outlet at Heritage Square located in the Seattle Metropolitan Statistical Area (MSA). This is The Wine Cellar Group's first brick and mortar location in the state of Washington and another significant step for RPAI in upgrading the tenancy at the shopping center. The Wine Cellar Outlet will join The Corner Bakery Café, another first-to-market retailer previously announced last summer. The new location will be approximately 1,600 square feet and is expected to open in late 2016. RPAI: 16.20 (unch)
Retail Properties of America reports 1Q results
Automated Insights - Mon May 02, 4:15PM CDT
OAK BROOK, Ill. (AP) _ Retail Properties of America Inc. (RPAI) on Monday reported a key measure of profitability in its first quarter. The results exceeded Wall Street expectations.
RPAI: 16.20 (unch)
Retail Properties Of America, Inc. Reports First Quarter Same Store NOI Increase Of 3.1%
PR Newswire - Mon May 02, 3:01PM CDT
Retail Properties of America, Inc. (NYSE: RPAI) (the "Company"
today reported financial and operating results for the quarter ended March 31, 2016. RPAI: 16.20 (unch)
RPAI Appoints Paula Maggio To Serve As Executive Vice President, General Counsel And Secretary
PR Newswire - Wed Apr 27, 3:30PM CDT
Retail Properties of America, Inc. (NYSE: RPAI or the "Company"
announced today that Paula C. Maggio has been appointed to serve as Executive Vice President, General Counsel and Secretary, effective May 2, 2016. RPAI: 16.20 (unch)
Retail Properties Of America, Inc. Announces Second Quarter 2016 Dividends On Preferred And Common Stock
PR Newswire - Tue Apr 26, 5:00AM CDT
Retail Properties of America, Inc. (NYSE: RPAI) (the "Company"
today announced that its Board of Directors declared the second quarter dividend for the Company's 7.00% Series A Cumulative Redeemable Preferred Stock. The dividend of $0.4375 per preferred share will be paid on June 30, 2016 to preferred stockholders of record on June 20, 2016. RPAI: 16.20 (unch)
Bluemercury Makes #ShopBishop Even More Beautiful at The Shops at Legacy
PR Newswire - Tue Mar 29, 8:00AM CDT
Plano's favorite shopping destination, The Shops at Legacy, is about to get even more beautiful, as the nation's largest, and fastest growing luxury beauty products and spa retail chain, Bluemercury, debuts on Bishop Road in the fall of 2016.
RPAI: 16.20 (unch)
Retail Properties of America, Inc. to Present at the Citi 2016 Global Property CEO Conference
PR Newswire - Mon Mar 07, 4:44PM CST
Retail Properties of America, Inc. (NYSE: RPAI) (or the "Company"
today announced that Steven P. Grimes, president and chief executive officer, will present at the Citi 2016 Global Property CEO Conference. The Company's presentation is scheduled for 7:30 a.m. ET on Tuesday, March 15, 2016 and may be accessed via the following webcast link: http://www.veracast.com/webcasts/citigroup/gl...422424.cfm RPAI: 16.20 (unch)
Retail Properties of America, Inc. Sells The Gateway in Salt Lake City, Utah
PR Newswire - Mon Feb 01, 4:31PM CST
Retail Properties of America, Inc. (NYSE: RPAI) (or the "Company"
announced today that the Company sold The Gateway through a lender-directed sale in full satisfaction of its mortgage debt of approximately $94.4 million. The mortgage had an interest rate of 6.57%. The Company expects to record gains on the sale and extinguishment of debt in the first quarter of 2016. RPAI: 16.20 (unch)
Retail Properties Of America, Inc. Acquires A Two-Property Portfolio In The Greater Washington, D.C./Baltimore Area
PR Newswire - Mon Jan 25, 5:00AM CST
Retail Properties of America, Inc. (NYSE: RPAI) (or the "Company"
announced today that it closed on the acquisition of a two-property portfolio, which included Merrifield Town Center II ("Merrifield II" and Shoppes at Hagerstown, both located in the greater Washington, D.C./Baltimore area. The properties were acquired through an off-market transaction, on an unencumbered basis, for a combined purchase price of $72.7 million. RPAI: 16.20 (unch)
Retail Properties of America completes USD980m of investment activity in 2015
M2 - Wed Jan 13, 5:49AM CST
Retail Properties of America, Inc. (NYSE: RPAI) has reported total 2015 investment activity of approximately USD979.5 million, consisting of USD463.1 million of acquisitions and USD516.4 million of dispositions, the company said. The company also continued to demonstrate the strength of its balance sheet with total 2015 capital markets activity of USD1.45 billion, including its amended and restated credit facility of USD1.2 billion and the public offering of USD250.0 million of its investment grade senior unsecured notes. In 2015, the company reported the acquisition of eight high-quality multi-tenant retail assets and three strategically adjacent retail assets for approximately USD463.1 million. The company also completed approximately USD516.4 million of dispositions. In 2015, the company completed a public offering of USD250.0 million in aggregate principal amount of its 4.00 percent senior unsecured notes due 2025; obtained commitments on a USD1.2 billion amended and restated credit facility increasing total capacity by USD200.0 million, extending the term by a weighted average of 2.2 years and lowering the interest rate by a weighted average of 13 basis points; repaid USD425.4 million of mortgage and construction debt, excluding amortization, with a weighted average interest rate of 5.54 percent; and defeased USD70.1 million of mortgage debt with an interest rate of 7.50 percent in connection with its 2015 disposition activity. Retail Properties of America, Inc. is a REIT and is a large owner and operator of high quality, strategically located shopping centers in the United States. As of September 30, 2015, the Company owned 201 retail operating properties representing 29.2 million square feet.
RPAI: 16.20 (unch)
Retail Properties of America closes USD1.2b unsecured credit facility
M2 - Tue Jan 12, 9:27AM CST
Retail Properties of America, Inc. (NYSE: RPAI) has closed on the previously announced USD1.2 billion amended and restated unsecured credit facility, increasing the capacity on the existing unsecured revolver by USD200-USD750 million, the company said. Wells Fargo Securities, LLC, KeyBanc Capital Markets Inc., US Bank National Association, PNC Capital Markets LLC and Regions Capital Markets served as co-lead arrangers, with KeyBank, NA to serve as administrative agent and Wells Fargo Bank, NA to serve as syndication agent. US Bank National Association, PNC Capital Markets LLC, Regions Capital Markets, Bank of America, N.A., Citibank, N.A., The Bank of Nova Scotia, Capital One, N.A., Deutsche Bank Securities Inc. and Morgan Stanley Senior Funding, Inc. served as documentation agents. Set pricing, which is based on the company's leverage, is at LIBOR plus 135 basis points, a 15 basis point decrease from the previous rate, reducing the loan amount on the existing unsecured term loan by USD250 million to USD200 million. The maturity date extends from May 12, 2017 to January 5, 2020. Retail Properties of America, Inc. is an REIT and an owner and operator of shopping centers in the United States. As of September 30, 2015, the company owned 201 retail operating properties representing 29.2 million square feet.
DB: 15.18 (-0.56), RPAI: 16.20 (unch), WFC: 47.97 (-0.37)
RPAI Continues To Upgrade Tenancy at Lake Worth Towne Crossing
PR Newswire - Tue Jan 12, 8:00AM CST
Retail Properties of America, Inc. (NYSE:RPAI or the "Company"
announced today that Michaels and Five Below have both signed leases at Lake Worth Towne Crossing in Lake Worth, Texas, and are expected to open mid-2016. RPAI: 16.20 (unch), FIVE: 43.99 (-0.71)
