Michelle Napoliis editor of Net Leaseforum, from which this article is excerpted.
Austin, TX—Inland Public Properties Development Inc., anew subsidiary of Inland American Real Estate Trust Inc.,will focus on the government property niche through acquisition anddevelopment of assets leased to county, state and federalentities.
President and CEO Chuck Jones is running the locally basedsubsidiary. It is one of two specialty property subsidiaries--theother is focused on student housing and other multifamilyassets--recently formed by Inland Capital Markets Group Inc. ofAtlanta on behalf of Inland American, a REIT still in its offeringstage and sponsored by Oak Brook, IL-headquartered Inland Groupof Cos.
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