Wheeler REIT to Sell 35 Properties via CBRE

Wheeler Real Estate Investment Trust, Inc. has engaged CBRE’s National Retail Partners to list and market 35 of its 59 properties for sale as a portfolio transaction. The company owns and operates 59 properties, primarily retail shopping centers across multiple states. There is no set timetable for the completion of this contemplated sale, and there is no assurance that the engagement will result in a transaction or that any transaction would be approved or consummated.