InvenTrust Properties Corp. (IVT) is a prominent American real estate investment company that focuses on retail assets. The company's primary aim is to acquire, manage, and lease multi-tenant retail shopping centers in key growth markets within the United States. Established in the year 2005, it had initially started as a non-traded REIT called Inland American Real Estate Trust, Inc. In 2014, after strategic restructuring, the company renamed itself as InvenTrust Properties Corp.
Headquartered in Downers Grove, Illinois, InvenTrust's portfolio is geographically diverse but focuses on areas with favorable demographic trends. As of 2021, the company owns and manages 65 retail properties, encompassing 11.6 million square feet in total. These properties are primarily located in the Sun Belt regions, where there is higher-than-average population growth. Its properties include open-air lifestyle centers, community centers, power centers, and single tenant retail properties.
While InvenTrust's focus is greatly on retail properties, the company additionally has investments in student housing and non-core properties in various locations within the United States. Some of their largest retail tenants include popular and reputable retailers such as Whole Foods, The Home Depot, and Kroger, indicative of the company's focus on acquiring properties that host essential and e-commerce resistant retailers.
InvenTrust has developed a strong reputation for sustainability in its operations. The company is committed to reducing its carbon footprint and enhancing energy efficiency across its portfolio. It was recognized as a “Green Lease Leader” at the 2019 and 2020 Better Buildings Summit, a testament to its efforts in pushing for more sustainable lease practices.
Additionally, InvenTrust is known for strong corporate governance and transparency, which includes a commitment to ethical business practices and a focus on building trust with its stakeholders. This helped IVT gain investors' trust and confidence, creating a strong avenue for the growth and success of the company.
The company believes in the transformative power of solid connections and is dedicated to creating vibrant communities. Through its robust strategies and commitment to financial, environmental, and social responsibility, InvenTrust Properties Corp. aims to provide superior risk-adjusted returns to its shareholders.