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. In September 2013, Wheeler Real Estate Investment Trust Inc announced the purchase of Tampa Festival, and Forrest Gallery, two grocery-anchored shopping centers. In September 2013, Wheeler Real Estate Investment Trust, Inc announced the acquisition of a 81,000 square foot free-standing retail property. Effective September 25, 2013, Wheeler Real Estate Investment Trust Inc acquired an undisclosed retail property, located in Jenks, Oklahoma. In October 2013, the Company announced that it has acquired a free standing retail property.