Retail Value
Retail Value Inc. is a REIT spun off from DDR Corp. in 2018 that owned shopping centers in the U.S. and Puerto Rico. Externally managed by SITE Centers Corp., the company filed a Certificate of Dissolution in June 2022 and is now liquidating assets to distribute proceeds to shareholders.
- Company typePublic
- Founded2018
- HeadquartersBeachwood, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Retail Value does
Retail Value Inc. is a real estate investment trust (REIT) that was established in July 2018 as a spin-off from DDR Corp. (now SITE Centers Corp.) and that has been in active liquidation since 2022. The company's core asset base consisted of a portfolio of shopping center properties located across the Continental United States and Puerto Rico. From formation onward, Retail Value operated under an external management agreement with affiliates of SITE Centers Corp., under which SITE Centers supplied all executive leadership, financial management, legal, and corporate governance services; the company itself stated zero direct employees. Retail Value's leadership has been shared with SITE Centers, with David R. Lukes serving as Chairman, President and CEO of both entities, and Gerald R. Morgan appointed as CFO in October 2024.
The company's core "product" was its real estate portfolio, which during the operating phase generated returns through property appreciation and rental income. Revenue mechanics transitioned following the March 2022 announcement of a sale contract and plan to delist from the NYSE: the company filed a Certificate of Dissolution on June 30, 2022, shifted its common stock to the OTC Pink Market in April 2022, and moved to a one-time asset-sale revenue model. A liquidating distribution to shareholders was announced in February 2024, with annual "Report of Organizational Actions Affecting Basis of Securities" filings continuing into January 2025. The company has no proprietary technology, no AI capabilities, and no patents or trademarks.
The go-to-market motion is asset divestiture rather than customer acquisition. Retail Value communicates with shareholders and the public primarily through its investor relations website, SEC filings on EDGAR, press releases, and an email newsletter subscription channel. The company does not engage in traditional product marketing, has no commercial sales force, and is winding down operations with no expansion of footprint, product surface, or addressable market in evidence.
Retail Value firmographics
Firmographics- Name
- Retail Value
- Legal name
- Retail Value Inc.
- Website
- https://retailvalueinc.com
- Company type
- Public
- Founded year
- 2018
- Operating status
- Closed
- Headcount range
- 101–250 employees
- Short description
- Retail Value Inc. is a REIT spun off from DDR Corp. in 2018 that owned shopping centers in the U.S. and Puerto Rico. Externally managed by SITE Centers Corp., the company filed a Certificate of Dissolution in June 2022 and is now liquidating assets to distribute proceeds to shareholders.
- Ownership category
- akta.pro rank
Retail Value industry classification
Industry- Product category
- Shopping Center REIT
- akta.pro primary industry
- Retail Real Estate Asset Management (BPAJAMAF)
- akta.pro secondary industry
- Retail Property Management (BPAJAGAB)
Keywords
Where Retail Value is headquartered
LocationHeadquarters
- HQ city
- Beachwood
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Retail Value business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Others
Revenue model
- Real Estate Asset Sales: Retail Value Inc. generates revenue through the sale of shopping center properties. The company has been actively liquidating its portfolio, with proceeds distributed to shareholders. As of the dissolution process, the company has been selling properties including Continental U.S. portfolio, Puerto Rico assets, and various individual shopping centers.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Retail Value product offering
Product offeringCore offering
Retail Value Inc. is a real estate investment trust (REIT) that owned and managed a portfolio of shopping center and retail properties across the continental United States and Puerto Rico. The company was externally managed by affiliates of SITE Centers Corp. Following the filing of its Certificate of Dissolution in June 2022, the company has been in the process of liquidating its real estate portfolio and distributing proceeds to shareholders.
Product overview
Retail Value Inc. is a real estate investment trust (REIT) that was externally managed by affiliates of SITE Centers Corp. The company specialized in owning, operating, and managing shopping centers and retail properties across the United States and Puerto Rico. As of the source data, the company was in the process of dissolution, having filed its Certificate of Dissolution in June 2022 and announced plans to delist from the NYSE. The company distributed quarterly financial supplements, press releases, and SEC filings as part of its investor relations program.
Differentiator
Problem solved
Functional benefit
Products and services
- Retail Value Inc. (RVI) Common Shares
Companies that use Retail Value
Customer profileSegments1 record
Ideal customer profiles1 record
Retail Value technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Retail Value partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- SITE Centers Corp.coreRetail Value Inc. is externally managed by affiliates of SITE Centers Corp. SITE Centers provides all management services including executive leadership, financial management, legal services, and corporate governance. David R. Lukes serves as President and CEO of both companies. The management agreement is the core operational structure for the company.
Scale indicators1 record
Recent moves7 records
Retail Value competitors and assessment
Company assessmentDirect peers
- Kimco Realty Corporation: One of the largest publicly traded open-air shopping center REITs in North America. Highly comparable to Retail Value Inc.'s asset base and operating model, and a particularly relevant benchmark given that RVI's CEO previously served as Kimco's COO.
- Phillips Edison & Company: Neighborhood and community shopping center REIT focused on grocery-anchored properties. Operates in the same open-air retail real estate category as RVI's portfolio and is a relevant comparable for valuation of remaining assets.
- Kite Realty Group Trust: Open-air shopping center REIT with a national portfolio of community and lifestyle centers. Directly comparable asset profile to Retail Value Inc.'s shopping centers and a useful reference for transaction comps.
- Tanger Inc. REIT specializing in outlet and open-air shopping centers. Comparable retail real estate platform with similar exposure to discretionary tenant performance that drives shopping center valuations.
- Macerich Company: REIT focused on regional malls and open-air retail centers across top U.S. markets. Comparable retail real estate operator, though more mall-tilted, and relevant for broader sector context on retail real estate dispositions.
- Regency Centers Corporation: Grocery-anchored open-air shopping center REIT with a portfolio comparable in scale and tenancy mix to Retail Value Inc.'s shopping center assets. Direct competitor for shopping center capital and tenant relationships.
- SITE Centers Corp. Externally managed parent and manager of Retail Value Inc., and itself an open-air shopping center REIT. It is the most directly comparable peer because it both operates in the same asset class (U.S. shopping centers) and serves as the operational manager for RVI, sharing the same CEO and senior officers.
- Brixmor Property Group: Largest publicly traded open-air shopping center REIT in the U.S., owning a portfolio of community and neighborhood centers directly comparable in format and tenant mix to the assets Retail Value Inc. has been liquidating.
- Federal Realty Investment Trust: Long-established open-air shopping center and mixed-use REIT focused on high-quality, necessity- and experience-based retail. Comparable asset class to RVI's portfolio and a relevant pricing benchmark for residual asset dispositions.
Broad incumbents
- Simon Property Group: Largest publicly traded U.S. retail REIT with a diversified portfolio spanning malls, premium outlets, and mixed-use assets. Overlaps with RVI's shopping center focus but at materially larger scale and broader format, making it a broad incumbent benchmark rather than a direct competitor.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights4 records
Customer concentration
Retail Value social profiles
Digital presenceRetail Value financial estimates
Financial estimateRevenue estimate
Valuation estimate
Retail Value leadership team
Management profileNumber of profiles
Profiles3 records
Retail Value funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Retail Value M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Retail Value
What does Retail Value do?
Retail Value Inc. is a real estate investment trust (REIT) that owned and managed a portfolio of shopping center and retail properties across the continental United States and Puerto Rico. The company was externally managed by affiliates of SITE Centers Corp. Following the filing of its Certificate of Dissolution in June 2022, the company has been in the process of liquidating its real estate portfolio and distributing proceeds to shareholders.
Is Retail Value a public or private company?
Retail Value is a public company. It is classified as public and is currently closed.
When was Retail Value founded?
Retail Value was founded in 2018. It employs 101 to 250 people.
Where is Retail Value based?
Retail Value is headquartered in Beachwood, United States, in the North America region.
How does Retail Value make money?
One revenue line is on record: real Estate Asset Sales.
Who are Retail Value's main competitors?
Direct peers on record are Kimco Realty Corporation, Phillips Edison & Company, Kite Realty Group Trust, Tanger Inc., Macerich Company, Regency Centers Corporation, SITE Centers Corp., Brixmor Property Group and Federal Realty Investment Trust. Simon Property Group is listed as a broad incumbent.
Does Retail Value have an API?
No public API is recorded for Retail Value.
What industry is Retail Value in?
Retail Value's product category is Shopping Center REIT. Its primary akta.pro industry code is BPAJAMAF, Retail Real Estate Asset Management, with a secondary code of BPAJAGAB, Retail Property Management.