Retail Opportunity Investments Corp. (NASDAQ:ROIC) is a fully integrated real estate company that is qualified as a REIT for U.S. federal income tax purposes. It acquires stabilized grocery-anchored neighborhood and community shopping centers located on the west coast. ROIC also pursues grocery-anchored, value-add assets that offer repositioning opportunities and lease-up/re-tenanting potential. The company is focused on acquiring, owning, leasing, repositioning and managing a diverse portfolio of necessity-based retail properties, including, primarily, well located community and neighborhood shopping centers, anchored by national or regional supermarkets and drugstores. ROIC targets properties strategically situated in densely populated, middle and upper income markets in western regions of the United States. The Company presently owns and operates ninety three shopping centers encompassing approximately 10,560,000 square feet.