OAK BROOK, Ill., Sept. 1, 2017 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today announced that its Houston team members are safe and working tirelessly to assess the impact of Hurricane Harvey on the Company's assets. A full assessment will take several weeks, but initial indications are that the Company's nine Houston-area assets have sustained minimal damage and business interruption as a result of the hurricane. Tenants have and will continue to reopen as the water recedes in the surrounding areas and utilities are restored.
"Our thoughts are with the people of Houston, our employees and our tenants," stated Steve Grimes, president and chief executive officer. "We are in awe of their resiliency and we acknowledge that the situation remains dynamic. We look forward to partnering with the Houston community to rebuild one of America's greatest cities."
Retail Properties of America, Inc. is a REIT that owns and operates high quality, strategically located shopping centers in the United States. As of June 30, 2017, the Company owned 132 retail operating properties representing 23.3 million square feet. The Company is publicly traded on the New York Stock Exchange under the ticker symbol RPAI. Additional information about the Company is available at www.rpai.com.
VP – Capital Markets & Investor Relations
Retail Properties of America, Inc.
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SOURCE Retail Properties of America, Inc.