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Retail Value Inc. Announces Sale of Marketplace of Brown Deer

BEACHWOOD, Ohio--(BUSINESS WIRE)--On April 9, 2021, Retail Value Inc. (NYSE: RVI) closed on the sale of Marketplace of Brown Deer (Brown Deer, WI) for $10.3 million prior to closing costs, prorations and other closing adjustments. Net proceeds were used to repay mortgage debt associated with RVI.