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Inland Real Estate makes Chicagoland purchase

Oct. 06, 2014 10:17 AM ETInland Real Estate Corporation (IRC) StockBy: Stephen Alpher, SA News Editor
  • Frankfort's Prairie Crossings consists of about 109K square feet of gross leasable area, including of 83K square feet of inline retail space plus two multi-tenant outlot buidings. It's currently 99% leased and anchored by Bed Bath & Beyond, Sports Authority, and Office Depot.
  • Inland Real Estate (NYSE:IRC -0.1%) purchased the mall for $24.7M in cash.
  • Source: Press Release

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