Inland Real Estate Income Trust, Inc. (IREIT) is looking for acquisitions. Chief Executive Officer, President and Director, Mitchell A. Sabshon said, “We own centers and look to continue to acquire centers where people have to purchase their basic necessities, groceries being the lead one of the category of necessities. But as we also pointed out, restaurants and other service businesses as well to complement grocery and some of the more traditional retailers in our properties.”
Inland Real Estate Income Trust, Inc. is a real estate investment trust that acquires and manages a portfolio of commercial real estate investments located in the United States. The Company invests in joint ventures or acquires other real estate assets such as office and medical office buildings, multi-family properties and industrial/distribution and warehouse facilities. It is also focused on investing in real estate-related equity securities of both publicly traded and private real estate companies, as well as commercial mortgage-backed securities (CMBS). The Company's investment properties include Newington Fair, Wedgewood Commons, Park Avenue, North Hills Square, Mansfield Shopping Center, MidTowne Shopping Center, Settlers Ridge, Pick N Save Center, Wilson Marketplace, Regal Court, Pentucket Shopping Center, Blossom Valley Plaza, Branson Hills Plaza, Walgreens Plaza, and Fox Point Plaza. The Company owns approximately 52 retail properties, totaling 7.2 million square feet.