In the years leading up to the pandemic, retail REIT InvenTrust made the strategic decision to focus on grocery-anchored shopping centers in growth markets throughout the Sunbelt reason. In InvenTrust’s case, it seems that foresight is 20/20. As it turned out, the strategy was nearly tailored to fit the dynamics of the pandemic, and as a result, the company’s portfolio was well insulated from the market dislocation that plagued so many other retail owners.
The strategy also helped position the company for growth this year. In February, DJ Busch took the reins as president and CEO, and in October, the company went public, a confirmation of its strong balance sheet. InvenTrust is now entering 2022 armed with liquidity for further portfolio growth.
We sat down with Busch and Christy David, EVP, COO and general counsel, at ICSC Here We Go Again 2021 in Las Vegas to find out more about the company’s strategy, portfolio performance and future growth plans.