Inland Real Estate Trust Inc. of Oak Brook, ILL, a Chicago suburb, is emerging as the giant killer among neighborhood shopping center buyers in Central Florida and throughout the state.

Of the Illinois REIT's total Florida portfolio of 2.11 million sf at 16 properties, 11 centers totaling 1.21 million sf are in Central Florida.

Inland is buying, on average, one shopping center per month. The company pays an average $95 per sf for its properties, based on the closing prices of the one million sf the REIT has purchased this year alone.

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