Seeking Alpha

Inland Real Estate purchases power center near Notre Dame

  • 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.
  • Source: Press Release
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