Wheeler Real Estate Investment Trust, Inc.

Wheeler Real Estate Investment Trust, Inc. operates as a Maryland-incorporated real estate investment trust focused on owning and operating income-producing retail properties. The company's primary strategy centers on grocery-anchored shopping centers, which typically serve as stable, cash-generating assets within the retail real estate sector. By anchoring properties with grocery tenants, the company targets retail locations with consistent foot traffic and essential service demand.

The company generates revenue primarily through rental income from its retail property portfolio. As a REIT structure, Wheeler is required to distribute a significant portion of its taxable income to shareholders, which aligns its business model with generating stable cash flows from its real estate holdings rather than pursuing capital appreciation strategies.

Based in Virginia Beach, Virginia, Wheeler operates with a lean organizational structure of 56 full-time employees. The company was founded in 2011 and maintains its headquarters in Virginia Beach, positioning it as a relatively small operator within the retail REIT sector. The company's geographic footprint and specific property locations reflect its focus on the retail property market, though detailed information about its current portfolio size and distribution is not specified.