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Inland Real Estate Corporation (NYSE:IRC)
Contact Information
Inland Real Estate Corporation
2901 Butterfield Rd.
Oak Brook, IL 60523
IL Tel. 630-218-8000
Toll Free 888-331-4732
Fax 630-218-7350

Type: Public
On the web: http://www.inlandrealestate.com
Employees: 113
Employee growth: 9.7%

Inland Real Estate, a member of the Inland Group, buys, leases, and operates retail properties mainly in the Midwest with a concentration in the Chicago and Minneapolis/St. Paul metropolitan markets. The self-managed real estate investment trust (REIT) owns about 140 properties, most of which are strip shopping centers anchored by a grocery or big-box store. It also invests in single-tenant retail properties and develops properties, usually through joint ventures. The REIT's portfolio totals about 14 million sq. ft. of leasable space in a dozen states. Grocery store chain SUPERVALU is the company's largest tenant; other major clients include Dominick's Finer Foods, TJX Companies, and Roundy's.

Key numbers for fiscal year ending December, 2010:
Sales: $167.0M
One year growth: (2.2%)
Net income: ($0.3)M

Officers:
Chairman: Thomas P. (Tom) D'Arcy
President and CEO: Mark E. Zalatoris
SVP, CFO, and Treasurer: Brett A. Brown

Competitors:
CBL & Associates Properties
DDR
Kimco Realty



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