InvenTrust Properties Corp. announced the acquisition of Commons at University Place, a 92,100 square foot center anchored by Harris Teeter and CVS in Durham, NC, for $23.25 million. University Place is an established center in a high-trafficked area in close proximity to Duke University, the Research Triangle Park and other IVT-owned assets. The property features numerous shops and restaurants as well as a new Harris Teeter fuel station.