Inland Real Estate Acquisitions, the Oak Brook, Illinois, acquisition machine headed by Joe Cosenza, has purchased another center to keep the acquisition tote board on its website churning past $44 billion.
Its latest purchase is the 199,335-sq.-ft. Pentucket Shopping Center in Plaistow, New Hampshire, 40 miles north of Boston. The center houses Home Depot, Staples, and Bed Bath & Beyond and is shadow-anchored by a Super Walmart.
This 75th Inland acquisition in the last 26 months was executed by Mark Cosenza, senior VP of Inland Real Estate Acquisitions, Inc.
“This recently renovated shopping center has well-established tenants and is ideally located within its respective region, making it a prime example of the type of retail acquisitions we continue to seek out,” said Cosenza in noting its access to half a million people in a 15-mile radius and the absence of a sales tax in Plaistow.