UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 2, 2012
INLAND REAL ESTATE CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Maryland |
| 001-32185 |
| 36-3953261 |
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
£ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
£ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
£ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
£ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events.
Inland Real Estate Corporation (NYSE: IRC) announced that it has contributed $15 million to its joint venture with Inland Private Capital Corporation (IPCC) to acquire for an aggregate purchase price of $40.8 million, excluding closing costs and adjustments, two portfolios that include a total of seven single-tenant retail properties aggregating 95,630 square feet of gross leasable area (GLA).
In addition, the Company announced that it has contributed $33.0 million to its joint venture with Inland Private Capital Corporation (IPCC) to acquire two retail properties in Wisconsin. The joint venture purchased a neighborhood shopping center anchored by a Pick n Save grocery for approximately $21.3 million. C opies of the press releases are attached to this Current Report on Form 8-K as Exhibit 99.1 and 99.2 and are incorporated in their entirety in this Item 8.01 disclosure by reference.
Item 9.01. Financial Statements and Exhibits.
| (a) | Financial Statements of Businesses Acquired: N/A |
| (b) | Pro Forma Financial Information: N/A |
| (c) | Shell Company Transactions: N/A |
| (d) | Exhibits: |
| Exhibit No. | Description |
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| 99.1 | Press release of Inland Real Estate Corporation, dated April 2, 2012 |
| 99.2 | Press release of Inland Real Estate Corporation, dated April 2, 2012 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
INLAND REAL ESTATE CORPORATION
By: | /s/ Mark E. Zalatoris |
Name: | Mark E. Zalatoris |
Title: | President and Chief Executive Officer |
Date:
April 5, 2012
EXHIBIT INDEX
Exhibit No.
Description
99.1 Press release of Inland Real Estate Corporation, dated April 2, 2012
99.2 Press release of Inland Real Estate Corporation, dated April 2, 2012