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Inland Real Estate is now IRC Retail Centers


Inland Real Estate Corporation has changed its name to IRC Retail Centers Inc.

The company unveiled a new brand identity in line with its name change, which coincides with the acquisition of Inland by funds managed by DRA Advisors LLC. The updated identity includes a new logo, tagline and updated website.

“Our new name more accurately reflects our retail focus, while also bridging our past corporate identity to a dynamic, new brand that clearly conveys the strength of the company,” said Mark Zalatoris, president and CEO of IRC Retail Centers. “The IRC initials have been closely associated with the Company during its more than 15 years of operations as a self-managed, experienced owner/operator of high-quality retail real estate.”

IRC Retail Centers' new tagline, "Focused on Retail. Centered on Value,” is meant to reinforces the company’s emphasis on retail and its ability to offer tenants prime shopping center locations that feature an optimal merchandise mix of value and necessity-oriented retailers.

While its name has changed, IRC Retail Centers continues to focus on owning, operating, acquiring and developing open-air retail properties. The company currently has an ownership interest in more than 130 properties totaling approximately 15.4 million sq. ft. of leasable space, located in well-established markets primarily in the Central and Southeastern United States.

“We begin the next chapter of our company under new ownership and with a new name, but the continuity of our dedicated staff, properties and platform remain the foundation of our success,” said Zalatoris. “Our reputation has been built on providing high quality retail location opportunities, expert advice and operational excellence. The efforts of our people and the strength of our property portfolio will continue to define us.”

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