ROSENTHAL PROPERTIES ACQUIRES 8 SHOPPING CENTERS FOR $168 MILLION

Vienna, VA—(September 22, 2021) – Rosenthal Properties today acquired 8 shopping centers from Washington Real Estate Investment Trust for $168.3 million. This is one of the largest retail acquisitions in this region since the beginning of the pandemic. The 700,000...

WashREIT sells what’s left of its retail portfolio for $168M

Vienna’s Rosenthal Properties has emerged as the winning bidder for Washington Real Estate Investment Trust’s remaining retail portfolio, paying about $168 million for eight centers. WashREIT (NYSE: WRE) closed Wednesday on the sale of the nearly...