The following real estate investment transactions have occurred during the six months ended June 30, 2022.

The Company evaluated the following acquisitions and determined that substantially all of the fair value related to each of the acquisitions was concentrated in single identifiable assets. The Company allocated the total consideration for the acquisitions to the individual assets and liabilities acquired on a relative fair value basis. All transaction costs incurred in the acquisitions were capitalized.

On April 1, 2022, the Company acquired the property known as Olympia Square North, located in Olympia, Washington, within the Seattle metropolitan area, for an adjusted purchase price of approximately $18.4 million. Olympia Square North is approximately 90,000 square feet and is anchored by Albertsons Supermarket. The property was acquired with cash on hand and borrowings under the credit facility.

On April 1, 2022, the Company acquired the property known as Powell Valley Junction, located in Gresham, Oregon, within the Portland metropolitan area, for an adjusted purchase price of approximately $17.7 million. Powell Valley Junction is approximately 109,000 square feet and is anchored by Walmart Neighborhood Market. The property was acquired with cash on hand and borrowings under the credit facility.

On May 17, 2022, the Company acquired the property known as Village Oaks Shopping Center, located in Martinez, California, within the San Francisco metropolitan area, for an adjusted purchase price of approximately $24.1 million. Village

Oaks Shopping Center is approximately 80,000 square feet and is anchored by Save Mart (Lucky California) Supermarket. The property was acquired with cash on hand and borrowings under the credit facility.

The financial information set forth below summarizes the Company’s purchase price allocation for property assets acquired during the six months ended June 30, 2022 (in thousands):


	June 30, 2022
Assets
Land	$	17,357
Building and improvements	49,391
Acquired lease intangible asset	4,608
Deferred charges	1,808
Assets acquired	$	73,164

Liabilities

Acquired lease intangible liability	12,959
Liabilities assumed	$	12,959

The following table summarizes the operating results included in the Company’s historical consolidated statement of operations for the three and six months ended June 30, 2022, for property assets acquired during the six months ended June 30, 2022 (in thousands):


	Three Months Ended		Six Months Ended
	June 30, 2022		June 30, 2022
Statement of operations:
Revenues	$	1,105	$	1,105
Net income attributable to Retail Opportunity Investments Corp.	$	412	$	412