InvenTrust Properties Corp. (NYSE: IVT)

InvenTrust Properties Corp is a real estate investment trust focused on owning leasing redeveloping acquiring and managing a multi-tenant retail platform The company operates primarily as a premier Sun Belt multi-tenant essential retail REIT specializing in grocery-anchored neighborhood and community centers as well as high-quality power centers often featuring a grocery component Its core business activities involve acquiring retail properties in Sun Belt markets opportunistically disposing of assets that no longer meet investment criteria and maintaining a flexible capital structure to support strategic growth As of December 31 2025 InvenTrust Properties Corp owned 73 retail properties with approximately 11.6 million square feet of gross leasable area

InvenTrust Properties Corp generates revenue primarily through leasing retail space to tenants across its portfolio of shopping centers The company earns base rent from tenants under long-term lease agreements which is annualized to calculate Annualized Base Rent ABR Revenue is derived from occupancy of its grocery-anchored neighborhood and community centers and power centers with the company reporting an ABR per square foot of $20.41 as of December 31 2025 The customer base consists of national regional and local retailers including grocery stores pharmacies service providers and other necessity-based tenants who lease space in the company's multi-tenant retail properties

The company operates through the following segments:

• Grocery-Anchored Neighborhood and Community Centers This segment includes properties anchored by essential tenants such as supermarkets and pharmacies that provide daily necessities to local communities These centers are typically located in Sun Belt markets and serve as convenient shopping destinations for residents The company focuses on acquiring and managing these assets due to their stable demand and resilience during economic fluctuations.

• Power Centers Often Featuring a Grocery Component This segment comprises larger retail destinations that may include big-box retailers alongside grocery anchors Power centers are designed to attract customers seeking a broader range of goods and services The company leverages these properties in high-growth Sun Belt markets to capitalize on strong demographic trends and consumer purchasing power.

InvenTrust Properties Corp holds a competitive position within the Sun Belt retail real estate sector due to its strategic concentration in high-growth markets characterized by strong population employment income and education trends The company's competitive advantages include its deep local market knowledge supported by field offices within two hours of over 95% of its shopping centers enabling responsive tenant engagement and operational expertise Its sector-low leverage and ample liquidity provide flexibility to pursue acquisitions and dispositions while its focus on necessity-based grocery-anchored centers ensures consistent tenant demand and occupancy rates The company differentiates itself through its curated portfolio of essential retail assets and disciplined capital allocation strategy

InvenTrust Properties Corp serves a diverse customer base consisting of grocery stores pharmacies banks restaurants fitness centers and other service-oriented retailers that provide essential goods and services to local communities The company's tenants include both national chains and local businesses that rely on its well-located Sun Belt properties to reach customers seeking convenience and value