Inland has Big Month in Acquisitions

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.