About Us

Inland Real Estate Corporation is one of the Midwest’s largest owners and operators of community, neighborhood, power and lifestyle shopping centers and single-tenant retail properties, with nearly $1.8 billion in asset acquisition value. We own interests in 159 properties totaling approximately 14 million square feet of space. Many of our centers are grocery-anchored.

Approximately 65 percent of our retail square footage is located in the Chicago metropolitan area and northwest Indiana. We also have a substantial presence in the Minneapolis-St. Paul area, where 18 percent of our retail square footage is located. We also own assets in other areas of Minnesota, southern Wisconsin, downstate Illinois, Indiana, Ohio, Michigan, Missouri, Nebraska, Tennessee and Florida.

Leased occupancy of our total portfolio is approximately 94 percent. Our tenants range from large national retailers to local chains to small independent stores. Our three largest tenants are SuperValu, Inc., which occupies approximately 8 percent of our space and provides over 7 percent of our annual base rental income, and Dominick's Finer Foods (a subsidiary of Safeway) and Roundy's, each of which occupies approximately 4 percent of our space and provides nearly 4 percent of our annual base rental income.

We are a self-administered and self-managed real estate investment trust (REIT), formed in late 1994. Our stock is publicly traded on the New York Stock Exchange under the ticker symbol "IRC".