UPDATE: Inland Real Estate Acquisitions Acquires 13 Properties for $432.2M

Inland Real Estate Acquisitions, Inc.

announced today that it facilitated the acquisition of 13 properties purchased in October by Inland related parties. The acquisitions total more than 1.65 million square feet across nine states for a total purchase price of more than $432.2 million. The properties acquired include a student housing community with 765 beds, six shopping centers and single-tenant retail stores. The 13 properties consist of: Arcadia Student Living, a student housing community at the University of North Carolina at Charlotte that has 205 units with 765 beds sold by Sanctuary Companies; Oquirrh Mountain Marketplace, a multi-tenant retail center anchored by Sprouts Farmers Market, located in South Jordan, Utah; The Village at Burlington