Firm Buys Four Grocery-Anchored Centers

SAN DIEGO — Retail Opportunity Investments Corp. here said Friday that it has acquired three grocery-anchored shopping centers in Southern California and has an agreement to acquire a fourth.

The four properties, acquired for $114 million, comprise 444,000 square feet. They were previously owned by a local family.

The acquired centers include:

• Cypress West, Cypress, Calif., measuring 106,000 square feet and anchored by a

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