Save the date: RealShare L.A.comes to the Hyatt Regency Century Plaza in Los Angeles, CA on March 27, 2013

LOS ANGELES-Retail Opportunity Investments Corp. says it has completed the purchase of three Southern California shopping centers from a private investment group and will soon close on a fourth, with a total value of $114 million.

Two of the properties are in Los Angeles County and two are in Orange County. In addition, the San Diego-based REIT says, the deal gives it first right-of-refusal to buy three other properties from the same investors.

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