Inland Institutional Capital, formerly known as Inland Institutional Capital Partners Corporation, has raised additional capital for Inland Retail Property Fund, according to IREI’s FundTracker database. The open-ended fund has now raised $200 million. The firm did not comment on its fundraising efforts.
Inland Retail Property Fund launched in 2016. The fund invests in necessity retail, which includes shopping centers, neighborhood centers, community centers, lifestyle centers and outlet centers throughout the United States.
Some of Inland’s retail transactions include the recent purchase of Denton Village, a 46,300-square-foot shopping center in Denton, Texas, and, through one of its funds, the acquisition of the Lower Makefield Shopping Center, a grocery- and drug store–anchored property in Yardley, Pa.
Inland Institutional Capital provides real estate portfolio investment and asset management services to institutional investors, institutional separate accounts and pooled investment vehicles.