Wheeler Real Estate Investment Trust, Inc.

Wheeler Real Estate Investment Trust, Inc. is a Maryland-incorporated real estate investment trust (REIT) that owns and operates income-producing retail properties, with a primary focus on grocery-anchored shopping centers. The company acquires, develops, and manages retail real estate assets designed to generate rental income from tenants across various retail segments, with grocery anchors serving as the foundation for its property portfolio strategy.

The company's revenue is derived from rental income generated through leasing agreements with retail tenants at its owned properties. This includes base rent payments as well as ancillary income streams such as tenant reimbursements for operating expenses, property taxes, and insurance. The grocery-anchored shopping center model provides relatively stable cash flows due to the essential nature of grocery retail and the longer-term lease structures typical in that segment.

Headquartered in Virginia Beach, Virginia, Wheeler Real Estate operates with a team of 56 full-time employees. The company is publicly listed on the Nasdaq exchange, providing access to capital markets for property acquisitions and portfolio expansion. The REIT structure requires the company to distribute substantially all of its taxable income to shareholders as dividends, making it dependent on consistent rental income from its property holdings.