S&P: Retail Opportunity BBB-

Standard & Poor's said it assigned its BBB- corporate credit rating to Retail Opportunity Investments Corp. and its operating partnership, Retail Opportunity Investments Partnership LP.

The outlook is stable.

"Our ratings on ROIC reflect the REIT's fair business risk profile," S&P credit analyst Jaime Gitler said in a news release.

"Although its portfolio of assets is small and recently assembled, the grocery-anchored properties are young and well occupied in multiple major markets on the West Coast."

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