Joint ventures announced by Inland Real Estate Corporation

Posted on Thursday, September 2nd, 2010 at 3:15 pm    

Inland Real Estate Corporation has announced a joint venture between themselves and Inland Real Estate Exchange Corporation and the Farnam Tech Center.

The company that was purchased was a comprised of two, two-story office buildings and totaled 118,000-square-feet. The acquisition was made for $18 million and the purchase was made in late July.

In August, IRC made another purchase, Copps Food Center a division of Roundy’s Supermarket, Inc. The company owns 155 retail grocery stores in three different states and was purchased for $11.7 million. The building is 61,048-square-feet in the metro area of Wisconsin.

If you or your business are in the middle of a business transaction or real estate litigation, contact the Des Moines real estate litigation lawyers of LaMarca Law Group, P.C. by calling (877) 327-2600.


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