JV ACQUIRES THE CROSSING AT KILLINGLY COMMONS FOR $60.2M

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DAYVILLE, CONN. — Inland Diversified Real Estate Trust has acquired a majority interest in The Crossing at Killingly Commons, a 395,539-square-foot shopping center in Dayville. Inland purchased the property through a joint venture with Dayville Unit Investors, an affiliate of the seller, for $60.2 million. Completed in 2010, the center is anchored by Lowe's Home Improvement, which operates on a ground lease, as well as Stop & Shop and T.J. Maxx.

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