The Oak Brook, IL company paid an average $105.83 per sf for the shopping centers.
In Clayton, NC, Inland bought the three-year-old, 125,648-sf Clayton Corners Shopping Center from Glenwood Clayton Co. LLC of Mooresville, NC for $15 million, or $119.38 per sf. The 100%-leased property is 15 miles southeast of Raleigh, NC. A 45,374-sf Lowes Food Store anchors the center.
Steve Sanders, senior vice president, Inland Real Estate Acquisitions Inc and outside attorneys Charles Benvenuto and Andrew Viola negotiated for Inland. John S. Amois of Glenwood Development LLC, Mooresville, NC, represented the seller.
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