Inland Real Estate Corporation owns and operates high quality shopping centers in strong geographic markets. With $2.9 billion in total assets under management, we have a substantial presence within the Central U.S. that includes the largest shopping center portfolio in Chicago and Minneapolis/St. Paul. We are also expanding into the Southeast. Our markets have healthy demographics, diverse economies and high barriers to entry.
Inland Real Estate Corporation’s diversified portfolio includes neighborhood, community and power shopping centers as well as single-tenant retail assets. Our tenants are national, regional and local retailers that provide value-oriented retail as well as everyday goods and services. This focus on value and necessity retail has formed a stable and resilient portfolio through all economic cycles.
A key objective is further enhancing the portfolio’s long-term growth profile. We are accomplishing this through a disciplined acquisitions strategy [designed to increase portfolio size, diversification and quality]. We are also harvesting assets where value has been maximized and recycling proceeds into higher quality investments.
Inland Real Estate Corporation is a self-advised and self-managed real estate investment trust (REIT) and is listed on the New York Stock Exchange under the ticker “IRC.” At December 31, 2013, the Company had a total market capitalization of $2.2 billion. Headquartered in Oak Brook, Illinois, we celebrate 20 years of operations in 2014.