Retail Properties of America, INC.: insider trades · United States · SEC (Form 4)

About Retail Properties of America, INC.

Retail Properties of America, Inc. (RPAI) was a U.S.-listed real estate investment trust (REIT) focused on owning and operating high-quality open-air shopping centers, including properties with mixed-use components. The company was formed in March 2003 and later changed its name to Retail Properties of America, Inc. in 2012. It was publicly traded on the NYSE under the ticker RPAI and was headquartered in Oak Brook, Illinois, in the United States. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1532799/000153949712000456/fwp.htm?utm_source=openai)) From an operating perspective, RPAI’s portfolio centered on retail operating properties such as neighborhood centers, community centers, power centers, lifestyle centers, and retail-focused mixed-use assets. Its business model was built around leasing space to national, regional, and local tenants, with an emphasis on strategically located properties designed to attract consistent consumer traffic. SEC filings indicate that the company owned a geographically diversified portfolio across the United States and pursued a retail real estate strategy aimed at balancing occupancy, tenant quality, and redevelopment potential. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1222840/000122284021000006/rpai-20201231.htm?utm_source=openai)) In competitive terms, RPAI operated in a crowded U.S. retail REIT landscape where location quality, tenant mix, and asset repositioning are key differentiators. The company’s focus on open-air centers and mixed-use retail assets placed it in a segment that has had to adapt to the structural shift toward e-commerce and changing consumer behavior. Its strategy relied on owning resilient properties, often with grocery or convenience-oriented anchors, and on selective expansion and redevelopment projects to enhance long-term cash flow and asset value. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1222840/000122284021000006/rpai-20201231.htm?utm_source=openai)) A major recent corporate event was the merger with Kite Realty Group Trust (NYSE: KRG), announced and completed in 2021. SEC filings confirm that the merger closed, with KRG continuing as the surviving public company. As a result, RPAI no longer trades as a standalone listed company, but it remains relevant historically for understanding U.S. retail REIT consolidation and for reviewing legacy insider transactions and filings. For international equity investors, the key takeaway is that RPAI was a specialized U.S. retail property REIT whose public market chapter ended with the KRG combination. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1222840/000110465921128999/tm2130475d5_ex99-1.htm?utm_source=openai))