Wheeler Real Estate Investment Trust, Inc. is formed for the purpose of acquiring, financing, developing, leasing, owning and managing income producing assets, such as strip centers, neighborhood centers, grocery-anchored centers, community centers and free-standing retail properties. It will own eight properties located in the Mid-Atlantic, Southeast, and Southwest markets, containing a total of approximately 348,490 in rentable square feet of retail space, which it refer to as its portfolio. In December 2013, the Company announced that it has completed the acquisition of Winslow Plaza, a 40,695 square foot shopping center. In June 2014, Wheeler Real Estate Investment Trust Inc acquired the LaGrange Marketplace, a LaGrange-based shopping center, from LaGrange Marketplace LLC. In August 2014, the Company acquired three development properties.