Oak Brook, Ill. – Inland Real Estate Acquisitions, Inc. announced today the acquisition of three properties purchased in August on behalf of an Inland affiliate. The acquisitions collectively total more than $104 million in purchase price for approximately 607,000 square feet of commercial real estate across three states. The properties acquired include a student housing community with 894 beds, a freight facility and a retail store.

The three properties include: The 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’s retail store with 89,492 square feet located within the Centerplace Shopping Center in Greeley, Colorado.

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

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 The 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, “Inland”). For additional information, please refer to Inland’s website at www.inlandgroup.com.