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Inland REIT acquires Memphis, Tenn.-area retail center for $33.9M

Inland REIT acquires Memphis, Tenn.-area retail center for $33.9M

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Home News Inland REIT acquires Memphis, Tenn.-area retail center for .9M

Inland Real Estate Income Trust has purchased a 159,258-square-foot retail center in Olive Branch, Miss., which is close to the Memphis, Tenn., market. The property, Wedgewood Commons Shopping Center, traded for $33.9 million. The fully leased center consists of four buildings, and an additional 10,838 square feet can be developed. Read the story here.


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