INLAND ACQUIRES VALPARAISO SHOPPING CENTER FOR $22M

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VALPARAISO, ILL — Inland Real Estate Corp. has acquired the 137,509-square-foot Valparaiso Walk shopping center located at Silhavy Road and LaPorte Avenue in Valparaiso fo $21.9 million . The center is 100 percent leased, and anchored by Bed Bath & Beyond, Marshalls, Best Buy and Michaels and shadow-anchored by Aldi and Menards. Houston based CBRE Capital Markets represented the seller, IBT Group LLC in Chicago.

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