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Wheeler Real Estate Investment Trust (US:WHLR) — Company Overview, News & Financial Data

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Company profile

Wheeler Real Estate Investment Trust

Wheeler Real Estate Investment Trust (NASDAQ:WHLR) focuses on owning, acquiring, financing, managing, leasing, renovating, and developing income-producing real estate properties. Primarily involved in community centers, neighborhood centers, strip centers, and free-standing retail properties, the company aims to enhance shareholder value through strategic acquisitions and active management. Its real estate portfolio is diversified across several states, aiming to capitalize on properties with solid growth potentials. Wheeler's objective is to leverage its expertise in retail real estate to secure and grow its revenue streams, ensuring stable and increasing returns for its investors.

Snapshot

Public USOwnership
2011Year founded
52Employees
Virginia Beach, United StatesHead office
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Global footprint

Operations

All Locations
Virginia Beach, US

Products and/or services of Wheeler Real Estate Investment Trust

  • Acquisition and management of grocery-anchored retail centers.
  • Development of mixed-use properties that combine retail, office, and residential spaces.
  • Provision of leasing services to enhance property value and occupancy rates.
  • Asset management services aimed at maximizing portfolio performance.
  • Redevelopment of existing properties to improve their market position and profitability.
  • Offering of 1031 exchange services for investors seeking to defer capital gains tax.

Wheeler Real Estate Investment Trust executive team

  • Mr. Michael Andrew FranklinCEO & President
  • Ms. Crystal Plum CPACorporate Secretary & CFO
  • Ms. Rebecca SchieferDirector of Accounting
  • Ms. Victoria H. BrowneMarketing Manager
  • Ms. Dana ShermanDirector of Human Resources