Inland Real Estate Acquisitions, Inc. Announces the Acquisition of Three Properties
Nicole Spreck
Inland Communications
(630) 218-8000Ext. 4896
[email protected]
September 10, 2015
Oak Brook, Ill. 鈥� Inland Real Estate Acquisitions, Inc. announced today the acquisition of three properties purchased in August on behalf of an Inland affiliate. 乐竞体育APP acquisitions collectively total more than $104 million in purchase price for approximately 607,000 square feet of commercial real estate across three states. 乐竞体育APP properties acquired include a student housing community with 894 beds, a freight facility and a retail store.
乐竞体育APP three properties include: 乐竞体育APP Retreat at Orlando, a recently built off-campus student housing community with approximately 427,657 square feet of net leasable floor area that is comprised of 894 beds, located near the University of Central Florida; a Federal Express facility with 89,880 square feet of industrial space located in Kettleman City, California; and a Kohl鈥檚 retail store with 89,492 square feet located within the Centerplace Shopping Center in Greeley, Colorado.
鈥淥ur team loves closing deals,鈥� said Joe Cosenza, president of Inland Real Estate Acquisitions, Inc. and vice chairman of 乐竞体育APP Inland Real Estate Group, Inc. 鈥淲e are pleased to have purchased these three different asset sectors of stable, income-producing properties. 乐竞体育APPse acquisitions are 100 percent occupied, newer construction and ideally located. We will continue to search for similar properties for the remainder of the year.鈥�
To date, Inland Real Estate Acquisitions, Inc. for apartments has purchased approximately 67,000 units and for single-tenant has purchased approximately 1,500 properties.
About Inland Real Estate Acquisitions, Inc.
Inland Real Estate Acquisitions, Inc. is the purchasing arm for various entities that are a part of 乐竞体育APP Inland Real Estate Group of Companies, Inc., a group of independent legal entities, some of which may be affiliates, share some common ownership or have been sponsored or managed by Inland Real Estate Investment Corporation or its subsidiaries (collectively, 鈥淚nland鈥�). For additional information, please refer to Inland鈥檚 website at www.inlandgroup.com.
乐竞体育APP three properties include: 乐竞体育APP Retreat at Orlando, a recently built off-campus student housing community with approximately 427,657 square feet of net leasable floor area that is comprised of 894 beds, located near the University of Central Florida; a Federal Express facility with 89,880 square feet of industrial space located in Kettleman City, California; and a Kohl鈥檚 retail store with 89,492 square feet located within the Centerplace Shopping Center in Greeley, Colorado.
鈥淥ur team loves closing deals,鈥� said Joe Cosenza, president of Inland Real Estate Acquisitions, Inc. and vice chairman of 乐竞体育APP Inland Real Estate Group, Inc. 鈥淲e are pleased to have purchased these three different asset sectors of stable, income-producing properties. 乐竞体育APPse acquisitions are 100 percent occupied, newer construction and ideally located. We will continue to search for similar properties for the remainder of the year.鈥�
To date, Inland Real Estate Acquisitions, Inc. for apartments has purchased approximately 67,000 units and for single-tenant has purchased approximately 1,500 properties.
About Inland Real Estate Acquisitions, Inc.
Inland Real Estate Acquisitions, Inc. is the purchasing arm for various entities that are a part of 乐竞体育APP Inland Real Estate Group of Companies, Inc., a group of independent legal entities, some of which may be affiliates, share some common ownership or have been sponsored or managed by Inland Real Estate Investment Corporation or its subsidiaries (collectively, 鈥淚nland鈥�). For additional information, please refer to Inland鈥檚 website at www.inlandgroup.com.