Inland Real Estate Income Trust acquires eight properties for $278.2M from affiliate

Inland Real Estate Income Trust, Inc.

Properties are grocery-anchored retail totaling 686,851 sq ft across seven states.
Closing expected on May 17, 2022; purchase funded via credit facility draw and cash.
Transaction approved by all independent directors as a related-party deal.
Purchase price includes $5.6M deposit held in escrow; customary reps and warranties.
Seller is Inland Retail Property Fund, LP, managed by sponsor affiliate.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.