Inland Real Estate Acquisitions acquires three properties totaling 607,000 sq. ft.

Oak Brook, Ill. -- Inland Real Estate Acquisitions, Inc. announced the acquisition of three properties, located in Florida, California and Colorado, purchased in August on behalf of an Inland affiliate. The acquisitions collectively total more than $104 million for approximately 607,000 sq. ft. of commercial real estate.



The three properties include: The Retreat at Orlando, a recently built off-campus student housing community with approximately 427,657 sq. ft. comprised of 894 beds, located near the University of Central Florida; a Federal Express facility with 89,880 sq. ft. of industrial space located in Kettleman City, California; and a Kohl’s retail store with 89,492 sq. ft. located within the Centerplace Shopping Center in Greeley, Colorado.



“We are pleased to have purchased these three different asset sectors of stable, income-producing properties. These acquisitions are 100% occupied, newer construction and ideally located. We will continue to search for similar properties for the remainder of the year,” said Joe Cosenza, president of Inland Real Estate Acquisitions, Inc. and vice chairman of The Inland Real Estate Group, Inc.