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Inland-Led Venture Acquires Creekside Commons for $28.3 Million

First Interstate Properties Sells Shopping Center in Mentor
By Ella Anderson
May 12, 2015 | 1:56 P.M.

Inland Real Estate Corp. (NYSE: IRC) and Dutch pension fund administrator PGGM secured their 35th retail investment as a joint venture with the purchase of the Creekside Commons Shopping Center at 9557-9597 Mentor Ave. in Mentor, OH from First Interstate Properties for $28.3 million, or about $140 per square foot.

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