- Eastgate Shopping Center - less than 20 miles east of downtown Cincinnati - sold for $21.1M to Inland Real Estate's (NYSE:IRC) JV with Dutch pension fund administrator PGGM. The seller is CBL & Associates (CBL), which notes an additional $1.7M of future earn-out payments, and the assumption of $14.6M mortgage secured by the property.
- Source: Press Release
Inland Real Estate purchases Cincinnati shopping center from CBL & Associates
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| Symbol | Last Price | % Chg |
|---|---|---|
| IRC | - | - |
| Inland Real Estate Corporation | ||