UNIVERSITY TOWN CENTER ACQUIRED FOR $32.5 MILLION

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NORMAN, OKLA. — Inland Real Estate Acquisitions, Inc., on behalf of Inland Diversified Real Estate Trust, Inc., has acquired University Town Center, a newly constructed 158,516-square-foot retail center in Norman, for $32.5 million. Tenants include TJ Maxx, Office Depot, Ulta, Petco, Dress Barn, Hallmark, Maurices, AT&T Cellular and Qdoba. The center is shadow anchored by a Super Target that wasn't purchased by Inland. Matthew Tice represented Inland in house, while Ryan Shore and Doug Hazelbaker of HFF represented the unlisted seller.

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