Inland Group Buys $217.5M in Retail Properties

Mid-America Real Estate Group

Inland Real Estate Income Trust was busy in Q1 2015. The REIT announced it bought 11 multi-tenant retail centers in nine states totaling 1.2M SF of commercial retail space and $217.5M in purchases. Among the properties are the Shops at Hawk Ridge in St. Louis and Plaza at Pleasant Prairie in Pleasant Prairie, WI (pictured). Inland’s total portfolio at the end of Q1 consisted of 42 retail properties in 16 states totaling 3.8M SF and an aggregate purchase price of $663M.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Kroenke Announces $135M Renovation For Denver's Ball Arena

Iconic Jersey Shore Property Hits The Market For $85M As Redevelopment Play

$7B 1901 Project Unveils Renderings For Live Performance Venue

Bisnow's 2026 DEI Data Series

Lincoln Property's New Pennsylvania Head On What Types Of Deals He's Targeting

Troubled Multifamily Loans Face A Refinancing Problem: Who Puts In New Equity?

Philly's Busy Summer Created Momentum. Can The City Turn It Into Long-Term Growth?

Google Delays Thompson Center Opening To 2028, Releases New Renderings

California Investor Scoops Up Amazon Warehouse: The Chicago Deal Sheet

How Crystal Lake 'Connects The Dots' To Building Complete Community

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government