OAK BROOK, IL-Inland Diversified Real Estate Trust Inc. has acquired nine retail bank branches in Georgia, North Carolina, Florida and Ohio. Inland Real Estate Acquisitions Inc., an affiliate of Oak Brook-based Inland Group, managed the acquisitions.
Totaling 42,882 square feet, the retail properties were acquired for a total amount of $18.6 million. The properties are leased to three banks. KeyBank N.A. leases all five locations in Ohio, Regions Bank leases two branches in Georgia and BB&T Corp. leases two properties in Florida and North Carolina. For the full story, go to Crain's Chicago Business .
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