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Inland Private Capital (IRC) JV Acquires Ohio-Based Creekside Commons Shopping Center

May 11, 2015 8:42 AM EDT

Inland Private Capital (NYSE: IRC) announced that its joint venture with Dutch pension fund administrator PGGM has acquired the Creekside Commons shopping center, located in Mentor, Ohio, a suburb of Cleveland, for a purchase price of $28.3 million, excluding closing costs and adjustments. The 201,879-square-foot center is anchored by Kohls, Gordmans, Home Goods and Party City, and includes several other national retailers such as Five Below, Panera Bread, Payless Shoe Source, LensCrafters, Sally Beauty Supply, GNC and Great Clips,... More