Market Overview

Inland Private Capital Corporation Completes Successful Mariano's Fresh Market Strategy with Final Sale in Arlington Heights, Illinois


Inland Private Capital Corporation ("IPC") today announced the sale of a
Mariano's Fresh Market in Arlington Heights, Illinois, for a gross sale
price of $25.5 million. IPC, through its subsidiary which serves as
asset manager, facilitated the sale of the property on behalf of one of
its 1031 investment programs. The sale marks the final liquidity event
across three separate 1031 investment programs that consisted of four
total Mariano's Fresh Market Chicagoland locations in Arlington Heights,
Palatine, Vernon Hills and Elmhurst.

Located at 802 East Northwest Highway in Arlington Heights,
approximately 25 miles northwest of Chicago, the 66,393-square-foot
building was the first Mariano's Fresh Market store to open in Illinois
in July 2010.

"We began purchasing Mariano's locations on behalf of investors
beginning in 2011, shortly after the Arlington Heights store was built
because we recognized the growth potential and brand strength of
Mariano's from the onset," said Keith Lampi, president and chief
operating officer of IPC. "As Mariano's achieved explosive growth and
expansion in the years following the opening of its flagship location,
we strategically acquired additional properties with strong location

The Arlington Heights property is 100 percent leased to Roundy's
Supermarkets, Inc. ("Roundy's"), a leading Midwest grocer and
wholly-owned subsidiary of the Kroger Co. since December 2015.

"Each location's strong performance and enhanced brand recognition,
combined with our company's expertise in due diligence, acquisitions and
asset management, made this an extremely profitable strategy and
execution completed on behalf of our investors," Lampi added. "IPC was
an early adopter of what has been the fastest-growing grocery brand in
the Chicagoland area, and now our investors are able to harvest the
benefits through monetization."

The Arlington Heights sale resulted in a total return to the investors
of 169 percent (calculated based on the aggregate amount of original
capital invested in this property). In addition, the sale resulted in a
9.48 percent average annualized return to investors.

The additional Mariano's Fresh Market dispositions included the sale of
the Vernon Hills location in May 2016, the Elmhurst location in May
2016, and the Palatine location in November 2017 resulted in a weighted
average total return of 158 percent, and a 13.8 percent weighted average
annualized return to investors across the three IPC-sponsored investment
programs. The weighted average returns are calculated by multiplying the
return for each program by the capital invested in that program and
dividing that amount by the total capital invested in all three programs.

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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