Market Overview

Inland Private Capital Corporation Completes Sale of Medical Office Properties in Illinois and Massachusetts


Inland Private Capital Corporation ("IPC") today announced the sale of
four freestanding medical office properties located in Illinois and
Massachusetts for a gross sale price of $45.7 million. IPC, through its
subsidiary which serves as asset manager, facilitated the sale of the
properties on behalf of the Medical Office Portfolio DST, one of its
1031 investment programs.

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Barrington Orthopedic Specialists, Ltd., Schaumburg, Illinois (Photo: Business Wire)

Barrington Orthopedic Specialists, Ltd., Schaumburg, Illinois (Photo: Business Wire)

Three of the properties are leased to Barrington Orthopedic Specialists,
Ltd. These properties, all purchased by IPC in June 2014, are located
approximately 20-35 miles northwest of downtown Chicago. The properties
include a 30,000-square-foot building located at 864 Sterns Road in
Bartlett, a 14,700-square-foot property at 120 East Higgins Road in Elk
Grove Village and a 40,000-square-foot location at 929 West Higgins Road
in Schaumburg.

Barrington Orthopedic Specialists, Ltd. was formed in 1980 and provides
specialized orthopedic care in the northwest suburbs of Chicago.

The fourth property in the portfolio is located at 46 Obery Street in
Plymouth, Massachusetts, approximately 40 miles south of Boston.
Constructed in 2013, the 30,803-square-foot building is leased by Jordan
Physician Associates, Inc., a Massachusetts not-for-profit corporation.
The property was purchased by IPC in August 2014.

"The Medical Office Portfolio DST was another successful full-cycle
transaction on our medical office investment platform for IPC's
investors," said Keith Lampi, president and chief operating officer of
IPC. "The properties all provided consistent income and a substantial
profit on sale, resulting in a 10.76 percent average annualized return
to investors."

The sale resulted in a total return to the investors of 142.10 percent
(calculated based on the aggregate amount of original capital invested
in the property).

About Inland Private Capital Corporation

Inland Private Capital Corporation, based in Oak Brook, Ill., offers
replacement property investments for persons participating in a 1031 tax
deferred exchange, as well as opportunities for accredited investors who
are seeking a real estate investment. Inland Private Capital Corporation
is a part of the Inland Real Estate Group of Companies, Inc., one of the
nation's largest commercial real estate and finance groups, which is
comprised of independent legal entities, some of which may be
affiliates, share some common ownership or have been sponsored and
managed by such entities or subsidiaries thereof. As of March 31, 2018,
IPC had sponsored 221 private placement programs with 596 total
properties. Eighty-one assets had been sold, in the aggregate, as of
March 31, 2018.

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