Inland Real Estate Corporation announced the firm has rebranded and is now IRC Retail Centers Inc.
The name change coincides with the acquisition of Inland Real Estate Corporation by funds managed by DRA Advisors LLC. The newly launched IRC Retail Centers brand includes a new logo, website and a new tagline: “Focused on Retail. Centered on Value.”
IRC Retail Centers continues to focus on owning, operating, acquiring and developing open-air retail properties. The Company currently has an ownership interest in more than 130 properties totaling approximately 15.4 million square feet of leasable space, located in well-established markets primarily in the Central and Southeastern United States.
Mark Zalatoris, president and chief executive officer of IRC Retail Centers, said the new name more accurately reflects their retail focus, while also bridging their past corporate identity.
“The IRC initials have been closely associated with the Company during its more than 15 years of operations as a self-managed, experienced owner/operator of high-quality retail real estate,” he added.