Inland Private Capital Corporation Announces the Sale of Bed, Bath & Beyond-Anchored Retail Asset in Schaumburg, Illinois for

  Inland Private Capital Corporation Announces the Sale of Bed, Bath &
  Beyond-Anchored Retail Asset in Schaumburg, Illinois for $12.4M

Business Wire

OAK BROOK, Ill. -- March 11, 2013

Inland Private Capital Corporation (“IPCC”) announced today the $12.4 million
sale of a 100,773-square-foot retail property located at 905-915 East Golf
Road, Schaumburg, Cook County, Illinois near the Woodfield Shopping Center.

Bed Bath & Beyond, Schaumburg, Ill. (Photo: Business Wire)

Bed Bath & Beyond, Schaumburg, Ill. (Photo: Business Wire)

Affiliates of IPCC offered tenant-in-common interests in the property to a
group of investors in a private offering in 2004, and continued managing the
property on their behalf. The property is 100% occupied by Bed Bath & Beyond
and Golfsmith, which opened in 1997. The initial terms of both the Bed Bath &
Beyond and Golfsmith leases were approximately 15 years, expiring on
January31, 2013 and September 30, 2012, respectively. Prior to completing the
sale, an affiliate of IPCC, with the unanimous consent of the tenant-in-common
co-owners, renegotiated and extended both the Bed, Bath & Beyond and Golfsmith
leases through January 31, 2023 and September 30, 2017, respectively. IPCC
subsequently explored both a sale and a refinance on behalf of ownership, and
the co-owners ultimately unanimously voted to proceed with the sale of the

“We’re pleased to complete another successful program on behalf of our
investors,” said Rahul Sehgal, chief investment officer of Inland Private
Capital Corporation. “The investors chose to sell the property rather than
refinance the original loan.”

About Inland Private Capital Corporation

Inland Private Capital Corporation, based in Oak Brook, Ill., offers
opportunities for investors who are seeking a real estate investment, as well
as providing replacement property investments for persons participating in a
1031 tax deferred exchange. As of March 6, 2013, IPCC had sponsored 123
private placement programs. The 123 private placement programs include 226
properties and 14 million square feet of gross leasable area, which equate to
more than $2.5 billion in assets under management. Inland Private Capital
Corporation is a part of the Inland Real Estate Group of Companies, Inc., a
group of independent legal entities, some of which may be affiliates, share
some common ownership or have been sponsored or managed by Inland Real Estate
Investment Corporation or its subsidiaries (collectively, “Inland”). As of
September 30, 2012,Inland affiliates or related parties cumulatively owned
properties in forty-eight states and managed assets with a book value
exceeding $20.2 billion.

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Inland Marketing & Communications, Inc.
Joel Cunningham, (630) 586-4897
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