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Retail Value Inc. Announces Sale of Plaza Vega Baja

BEACHWOOD, Ohio--(BUSINESS WIRE)--On April 14, 2021, Retail Value Inc. (NYSE: RVI) closed on the sale of Plaza Vega Baja (Baja, PR) for $4.5 million prior to closing costs, prorations and other closing adjustments. Net proceeds were used to repay mortgage debt associated with RVI.