Inland Real Estate Income Trust bought eight grocery-anchored centers from affiliate Inland Retail Property Fund for $278.2 million, boosting the quality of its property portfolio and setting up the nontraded real estate investment trust to become the latest business of its kind around the country to have a public stock listing.
Inland REIT’s Purchase of Eight Shopping Centers Sets Up Possible Stock Listing
Company Strengthens Grocery-Anchored Portfolio While Reducing Exposure to Big-Box Retail Centers
CoStar News
May 26, 2022 | 1:55 P.M.
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IN THIS ARTICLE
- Properties
- New Town Village
9714 Groffs Mill Dr, Owings Mills, MD
- City Place Retail
305 Radio Dr, Woodbury, MN
- Lower Makefield Shopping Center
668 Stony Hill Rd, Yardley, PA
- NorthPark Village Square
27706 Mcbean Pky, Valencia, CA
- Companies
- Inland Real Estate Group of Companies, Inc.
Management of Companies and Enterprises