February 21, 2017 4:35 PM ET

Capital Markets

Company Overview of Inland Real Estate Investment Corporation

Company Overview

Inland Real Estate Investment Corporation is a real estate investment trust based in Oak Brook, Illinois. Inland Real Estate Investment Corp. operates as a subsidiary of The Inland Real Estate Group of Companies, Inc.

2901 Butterfield Road

Suite 1

Oak Brook, IL 60523

United States

Founded in 1984





Key Executives for Inland Real Estate Investment Corporation

Chief Executive Officer, President, and Director
Age: 63
Chief Financial Officer and Due Diligence Director
Age: 56
Chief Operating Officer, President, and Director
Age: 73
Senior Vice President and Managing Director of Institutional Investments
Compensation as of Fiscal Year 2016.

Inland Real Estate Investment Corporation Key Developments

Inland Real Estate Income Trust, Inc. Acquires Grocery-Anchored Coastal North Town Center in North Myrtle Beach, South Carolina

Inland Real Estate Income Trust Inc. announced the acquisition of the 311,313-square-foot Coastal North Town Center in North Myrtle Beach, South Carolina, located approximately 123 miles north of Charleston. Mark Cosenza, senior vice president of Inland Real Estate Acquisitions Inc., facilitated the purchase of the property on behalf of Inland Income Trust. Constructed in 2014, Coastal North Town Center is located at Highway 17 and 11th Avenue. The shopping center is well-situated in a high-traffic retail row that draws approximately 33,880 consumers within a five-mile radius. Coastal North Town Center was 93.47% leased, as of the acquisition date. In addition to Publix, tenants include Hobby Lobby, Dick’s Sporting Goods, Ulta Beauty, PetSmart, T.J. Maxx, Ross Dress for Less, Rack Room Shoes, Mattress Firm and a variety of restaurants.

Inland Investment Real Estate Services Appoints Niall J. Byrne as Executive Vice President and Head of Property Management

Inland Investment Real Estate Services announced that Niall J. Byrne has joined the company as Executive Vice President and Head of Property Management. Byrne will be responsible for IIRES’s property management for Inland Investments, Inland National Development Corporation and Inland Institutional Capital Partners. Byrne comes to IIRES from Retail Properties of America Inc. Most recently, he served as Executive Vice President and President of Property Management for RPAI.

Inland Private Capital Corporation Launches Self-Storage Platform with Metro Storage LLC

Inland Private Capital Corporation announced a new strategic relationship with Metro Storage LLC. This partnership marks the launch of IPCC’s newest investment platform focused on strategically acquiring, owning and managing self-storage properties across the nation. Metro has an established national management footprint, as well as a 40-year track record with in-place acquisitions and property management expertise that will allow IPCC to deliver best service through the ownership and management of self-storage properties.

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