Since our establishment in 1999, Wheeler Real Estate Company (WHLR) has been dedicated to acquiring, developing, leasing, managing, and investing in income producing assets. As a high-performing REIT, we have been revolutionizing the real estate industry by strategically positioning our tenants and assets. Our leasing team focuses on three core pillars – necessity, service, and convenience – to create a tenant mix that is current, relevant, and strategic.
Over the years, our company has made significant progress from initially owning and managing approximately 5.7 million square feet of commercial property in the Mid-Atlantic, Northeast, Southeast, and Midwest regions.
In 2022, we proudly acquired Cedar Realty Trust, another exceptional real estate investment trust (REIT) originally based out of New York. Cedar Realty Trust specializes in managing predominantly grocery-anchored shopping centers in high density urban markets. This acquisition enabled us to expand our presence into three new states, adding 19 valuable assets to our portfolio and increasing our total square footage to over 8 million. With their focused approach and prudent capital allocation, we continue to position ourselves as the most innovative and pioneering REIT.
