Inland Real Estate purchases power center near Notre Dame

|About: Inland Real Estate Corpo... (IRC)|By:, SA News Editor

Princess City Plaza has about 178.5K square feet of retail space and is 99% leased to retailers like Dick's, Old Navy, PetSmart, and others. Inland's (NYSE:IRC) JV with PGGM acquired the asset for $28.6M in cash subject to future earnout payments.

The mall is located less than three miles from Notre Dame.