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RVI - Retail Value sells Noble Town Center for $14M
Retail Value Inc.
Retail Value (RVI) closes on the sale of Noble Town Center (Jenkintown, PA) for $14M, with 90% of net proceeds used to repay mortgage debt associated with RVI and the remaining proceeds retained as cash.RVI now owns interests in 9 properties located in the continental U.S. and 11 properties in Puerto Rico.