Inland Real Estate Corporation (NYSE: IRC), a leading real estate
investment trust that owns and operates high quality, necessity and
value-based retail centers in select markets within the Central United
States, today announced that its joint venture with PGGM has acquired
the Princess City Plaza shopping center, located in Mishawaka, Indiana
within the South Bend-Mishawaka MSA, for $28.6 million in cash, subject
to future earnout payments.
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