Inland Acquires Three Off-Market Properties
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CHICAGO—Inland Real Estate Acquisitions, Inc.announced today the acquisition of three properties purchased in August on behalf of an Inland affiliate. The acquisitions include a new student housing community in Orlando, a Federal Express facility in Kettleman City, CA, and a Kohl’s store in Greeley, CO. The trio cost more than $104 million and has a total of about 607,000 square feet.
“What ties all three properties together is that all were off-market transactions,” Joe Cosenza, president of Inland Real Estate Acquisitions, Inc. and vice chairman of The Inland Real Estate Group, Inc., tells GlobeSt.com. He attributes this to the Oak Brook, IL-based company’s long-standing reputation. “This is not bragging; we’ve been around so long, there are so many people out there that know us.” And when sellers go to Inland, they know the company has the resources to close a purchase…
