CHICAGO—Inland Real Estate Acquisitions, Inc. is typically one of the more active buyers in the US, but last month was especially busy. The Oak Brook, IL-based company facilitated the acquisition by Inland-related parties of 13 properties located across the nation. The acquisitions included a student housing community with 765 beds, six shopping centers and single-tenant retail stores, and total more than 1.65 million square feet with an overall purchase price of more than $432.2 million. 

"We look forward to ending this year on a strong note by continuing to facilitate the purchase of properties that are stable, newly constructed and ideally located," Joe Cosenza, president of Inland Real Estate Acquisitions, Inc. and vice chairman of The Inland Real Estate Group, Inc., said in a prepared statement. He was not immediately available for further comment, but GlobeSt.com will chat with him next week.

Most of the properties were located in secondary or tertiary markets, another hallmark of Inland acquisitions. The 13 properties consist of: Arcadia Student Living, a student housing community at the University of North Carolina at Charlotte that has 205 units and was sold by Sanctuary Cos.; Oquirrh Mountain Marketplace, a multi-tenant retail center anchored by Sprouts Farmers Market, located in South Jordan, UT; The Village at Burlington Creek, a 158,046 square foot retail center with more than 45 tenants, located in Kansas City, MO, a purchase previously reported in GlobeSt.com; Blossom Valley Plaza, a 111,558 square foot shopping center in Turlock, CA; Marketplace at El Paseo, a 224,683 square foot shopping center located in Fresno, CA, with a roster of national tenants; Settlers Ridge, a 472,572 square foot property anchored by Market District, located in Pittsburgh; Milford Marketplace, a 112,257 square foot shopping center located in Milford, CT; a portfolio of four Walgreens stores all located within the Chicagoland area; a Walgreens located in Memphis; and a BJ's Wholesale Club with 87,688 square feet located in Ithaca, NY.

To date, Inland Real Estate Acquisitions, Inc. has facilitated more than $40 billion of purchases including retail centers, apartments and single-tenant properties.