Company Description
Wheeler Real Estate Investment Trust, Inc., a Maryland corporation, is a fully integrated, self-managed commercial real estate investment trust that owns, leases and operates income-producing retail properties with a primary focus on grocery-anchored centers.
In August 2022, the Company acquired Cedar Realty Trust. As a result of that acquisition, Cedar became a subsidiary of the Company.
As of June 30, 2025, the Company, through the Operating Partnership, owned and operated sixty-nine properties, including sixty-six retail shopping centers and three undeveloped properties in South Carolina, Georgia, Virginia, Pennsylvania, North Carolina, New Jersey, Florida, Massachusetts, Connecticut, Kentucky, Tennessee, Alabama, Maryland and West Virginia.
This list includes the properties acquired through the Cedar Acquisition. The Company’s portfolio of properties is dependent upon regional and local economic conditions, and is geographically concentrated in the Mid-Atlantic, Southeast and Northeast, which markets represent approximately 46%, 44% and 10% respectively, of the total annualized base rent of the properties in its portfolio as of June 30, 2025.
The Company’s geographic concentration may cause it to be more susceptible to adverse developments in those markets than if it owned a more geographically diverse portfolio.
Additionally, the Company’s retail shopping center properties depend on anchor stores or major tenants to attract shoppers and could be adversely affected by the loss of, or a store closure by, one or more of these tenants.
| Country | United States |
| Founded | 2011 |
| Industry | REIT - Retail |
| Sector | Real Estate |
| Employees | 56 |
| CEO | Michael Franklin |
Contact Details
Address: Riversedge North, 2529 Virginia Beach Boulevard Virginia Beach, Virginia 23452-7650 United States | |
| Phone | 757 627 9088 |
| Website | whlr.us |
Stock Details
| Ticker Symbol | WHLRP |
| Exchange | NASDAQ |
| Stock Type | Preferred Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001527541 |
| CUSIP Number | 963025309 |
| ISIN Number | US9630253097 |
Key Executives
| Name | Position |
|---|---|
| Michael Andrew Franklin | Chief Executive Officer and President |
| Crystal Plum CPA | Corporate Secretary and Chief Financial Officer |
| Rebecca Schiefer | Director of Accounting |
| Victoria H. Browne | Marketing Manager |
| Dana Sherman | Director of Human Resources |