The Inland Real Estate Group of Companies, Inc., or just Inland group, is a finance and commercial real estate corporation that operates, develops and creates companies. Furthermore, the companies operate and develop their own investment funds. Inland Group was founded in 1968 and has a history of 45 years. This industry leader is specialized in many areas, such as commercial lending, commercial real estate brokerage, property management, acquisition and leasing.
The Inland Real Estate Group has its main office in Oak Brook, Illinois and is also located in Texas, North Carolina, Washington, New York, Georgia, California, Arizona, Utah, Michigan and other states. With more than 1,400 employees nationwide, approximately 88 million square feet of commercial real estate and $20.8 billion of assets in 48 states, Inland Group is one of the nation’s largest commercial real estate organization.
The Group promotes values such as integrity, quality and commitment, focusing on the investors and clients. As a leader in the commercial real estate investment and finance industries, Inland offers many services, from selling a multimillion dollar portfolio to purchasing a single investment property. The Inland Real Estate Group breathes and eats real estate. Its primary activity involves retail property investment.
Mark E. Zalatoris is the President and Chief Executive Officer of the corporation since 2008. He previously served as Chief Executive Officer and Vice President, between 2000 and 2004. Zalatoris was first the Vice President of the Inland Real Estate Investment Corporation, and in 2000 he became a full-time employee of Inland Real Estate Group. Mark Zalatoris is also a member of the International Council of Shopping Centers and the National Association of Real Estate Investment Trusts.
The Inland Real Estate Corporation is a real estate investment trust concentrated in the Chicago area. This self-administered company is the fifth largest open air shopping center owner in the country, with approximately 15.3 million square feet of leasable space and 154 investment properties. The corporation operates and owns facilities located mainly in Central U.S., such as single-tenant retail properties, shopping centers, neighborhood centers and community centers. The ability of the tenants to pay is highly influenced by macroeconomic factors, due to the fact that they come from many sectors.
The Corporation was formed in 1994 and only one year later it qualified as a real estate investment trust (REIT). In 2004 it was listed on the NYSE under the title IRC. Inland’s most important client and largest tenant is Roundy’s, occupying 4.1% of the square footage. Furthermore, this purchaser provides 4.0% of the annual base rent.