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INLAND PURCHASES SAXON CROSSINGS SOLD FOR $20.7 MILLION

INLAND PURCHASES SAXON CROSSINGS SOLD FOR $20.7 MILLION

Orlando, FL – June 28, 2012 – (RealEstateRama) — CBRE Capital Markets arranged the sale of Saxon Crossings Shopping Center, a 119,590-square-foot community shopping center located in Orange City for $20,730,000. CBRE Senior Vice President Cliff Taylor of the Jacksonville office and First Vice President Daniel Baker of the firm’s Orlando office marketed the asset for sale and negotiated the transaction on behalf of the seller, Saxon Crossing Partners. The buyer, Inland Real Estate, is a Chicago-based REIT focused on the acquisition of shopping centers