Inland Real Estate Corporation Announces Acquisition of Grocery-Anchored Center in Minneapolis-St. Paul MSA

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OAK BROOK, Ill.--(BUSINESS WIRE)--Inland Real Estate Corporation (NYSE: IRC) today announced that its joint venture with Dutch pension fund advisor PGGM has acquired Argonne Village, a 113,000-square-foot neighborhood shopping center, located in Lakeville, Minn., a suburb of Minneapolis, for $26.3 million in cash. Argonne Village is anchored by a 71,800-square-foot Cub Foods grocery store with a complementary mix of co-tenants that includes national retailers Dollar Tree, Taco Bell, Starbucks,

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