ORLANDO-Chicago-based Inland Diversified Real Estate Trust is ona shopping spree. The company has been combing the Floridalandscape for shopping centers and has a particular taste forPublix-anchored properties.
In July, Inland Real Estate Acquisitions, which purchasesproperties on behalf of Inland Diversified Real Estate Trust,purchased two Publix-anchored shopping centers in the SunshineState—the 78,820-square foot Publix Shopping Center in St. Cloudnear Orlando, and the 66,510-square-foot Lake City Commons in LakeCity approximately 60 miles west of Jacksonville--for a total ofabout $20 million.
Because Inland Diversified Real Estate Trust is in the middle ofa $5 billion public offering, there is little that the company cansay in the press, says Joel Cunningham, media relations associateat Inland’s headquarters in suburban Oakbrook, Illinois.
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