UNLOCK THE POWER OF THE VAULT

Inland Real Estate Income Trust, Inc. Outlines Strategic Plan for Future Liquidity

February 21, 2019

Inland Real Estate Income Trust, Inc. Outlines Strategic Plan for Future Liquidity

February 15, 2019 | Inland Real Estate Investment Corporation

Inland Real Estate Income Trust, Inc. (“Inland Income Trust” or “the REIT”), a publicly registered, non-traded real estate investment trust, announced today a long-term strategic plan to move toward a liquidity event, most likely through a listing on a public securities exchange, in the next 24 to 36 months or sooner, market conditions permitting. The strategic plan centers around owning a portfolio of 100 percent grocery-anchored shopping centers with lower exposure to big box retailers.

“As some forms of retail real estate are in transition, grocery-anchored neighborhood shopping centers continue to deliver solid performance,” said Mitchell Sabshon, president and chief executive officer of Inland Real Estate Investment Corporation. “Grocery-anchored centers have high levels of foot traffic and serve as a draw for smaller, necessity-based retailers. We believe that an expanded grocery-anchored portfolio will allow us to drive operating performance and better position the REIT for a successful liquidity event.”

Related: The Interesting Case of Highlands REIT-Part II in a Series on InvenTrust Properties Corporation

As part of this strategy, Inland Income Trust’s management team and board will consider selling certain non-core assets in its current portfolio, with the goal of redeploying capital into strategically located grocery-anchored centers. Inland Income Trust currently owns 59 retail properties in 24 states, totaling more than six million square feet.

Read Full Press Release

Print Friendly, PDF & Email
Go Back
Gil Armour, CFP
February 3, 2016

I have been using Blue Vault Partners for the past five years.  I have found them to be a valuable, unbiased resource when it comes to evaluating and comparing non-traded REITs.  The reports help me analyze which sponsors are doing a responsible job of managing their offerings.  This allows me to limit my REIT recommendations to only the most competitive products, and then track those REITs throughout their life cycle.