Wheeler Real Estate Investment Trust, Inc. Completes Acquisition of Two Shopping Centers in Lilburn, Georgia for $16.7 Million

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VIRGINIA BEACH, Va.--(BUSINESS WIRE)--Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”) announced today that the Company has completed the acquisition of Beaver Ruin Village (“Beaver Ruin”) and Beaver Ruin Village II (“Beaver Ruin II”), two shadow grocery-anchored shopping centers located in Lilburn, Georgia. The properties were acquired on June 30, 2015 from Arcado II, LLC, a Georgia limited liability company, for a combined acquisition value of $16.7 millio

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