Inland Real Estate Corporation Announces Acquisition of Eastgate Crossing in Cincinnati 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 administrator PGGM has acquired the Eastgate Crossing shopping center, located in Union Township, Ohio, a thriving community less than 20 miles east of downtown Cincinnati, for a purchase price of $21.1 million, excluding closing costs and adjustments and subject to future earnout payments. The 174,700-square-foot property is approximately 97% leased to Kro

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