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InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today announced the successful disposition of a portfolio comprising five California assets for approximately $306 million.

“This transaction is a testament to our team's unwavering focus on portfolio optimization and strategic capital allocation,” said DJ Busch, President and CEO of InvenTrust Properties. “Rotating capital from California has been a strategic objective for some time. We believe that simplification and portfolio concentration in growth-oriented Sun Belt markets where we have been actively investing will further create long-term value for IVT shareholders.”