Market Overview

Inland Real Estate Acquisitions, LLC, Closes the Purchase of Four Jewel-Osco Stores


Inland Real Estate Acquisitions, LLC, announced today that it negotiated
and closed the purchase of four Jewel-Osco stores located in the Chicago
suburbs, specifically Arlington Heights, Glenview, Naperville and
Stickney, totaling 248,622 square feet. Joe Cosenza, vice chairman of
The Inland Real Estate Group, LLC and president of Inland Real Estate
Acquisitions, LLC, completed the deal, with assistance from Gina
LaMantia, managing counsel for Charles J. Benvenuto, P.C., on behalf of
an Inland affiliate.

All four Jewel-Oscos are grocery and pharmacy stores with new 20-year
leases. They are located at 1860 South Arlington Heights Road, Arlington
Heights, Illinois with 61,475 square feet; 1340 Patriot Boulevard,
Glenview, Illinois with 63,523 square feet; 1759 West Odgen Avenue,
Naperville, Illinois with 64,977 square feet; and 7122 West 40th
Street, Stickney, Illinois with 58,647 square feet.

"These Jewel-Oscos are staples in their community, with sales ranging
from $27 million to $33 million per year for each store," said Cosenza.
"They are well-established and in prime locations with an average
three-mile household income of $108,000 and an average three-mile
population of 128,000 customers for all four stores."

To date, Inland Real Estate Acquisitions, LLC, has facilitated more than
$45 billion of purchases including apartments, single-tenant properties,
medical office buildings and which include a total of more than $27
billion in retail properties.

About Inland Real Estate Acquisitions, LLC

Inland Real Estate Acquisitions, LLC assists in identifying potential
acquisition opportunities, negotiates acquisition-related contracts and
acquires real estate assets for the various entities that are 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"). For
additional information, please refer to Inland's website at

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