Inland Real Estate Acquisitions, Inc. Announces Promotions

Wednesday, February 17, 2016

OAK BROOK, Ill. – Inland Real Estate Acquisitions, Inc. (“IREA” or “Inland”) announced today the promotions of Mark Cosenza and Matthew Tice to senior vice president, formerly both vice presidents. Since joining Inland, Cosenza and Tice have collectively purchased more than $9 billion in commercial real estate across the nation.

“Mark and Matt are an integral part of our acquisition team’s success and they are very deserving of their promotions,” said G. Joseph Cosenza, president of IREA and vice chairman of The Inland Real Estate Group, Inc. “Over 13 years, they have purchased more than 440 properties for Inland-related parties, adding more than 46 million square feet of property to our funds’ real estate portfolios.”

Mark Cosenza joined Inland in 2006 as property manager and acquisitions negotiator. During his time with the company, he has personally handled the negotiations for more than 200 properties, totaling over $3 billion and approximately 21 million square feet. Prior to joining Inland, he was a market maker at the Chicago Board of Options Exchange. Cosenza was honored in Real Estate Forum’s “40 Under 40” in October 2012, and is also chairman emeritus of the Downers Grove Economic Development Corporation. He is a member of the International Council of Shopping Centers and the Chicago Association of REALTORS®. Cosenza has a bachelor’s degree in business from the Kelley School of Business at Indiana University and is a licensed broker in Illinois.

Matthew Tice joined Inland in 2003 as vice president of property management and acquisitions negotiator. During his 13 years at Inland, he has been responsible for negotiating more than 240 acquisitions, totaling more than $6 billion and nearly 25 million square feet. Most notably, he facilitated a $520 million acquisition of 39 shopping centers from Newquest Properties, a $300 million acquisition of Southlake Town Square in Southlake, Texas, and a $359 million acquisition of the Collette Portfolio that included eight properties.  Additionally, Tice has completed over $700 million in financing for Inland-related parties. Prior to joining Inland, he was the director of information technology for Transplace where he was responsible for the design, budgeting and implementation of corporate networking systems -- integrating 45 sites around the country and managing a team of 40 people. Tice has a bachelor’s degree in computer engineering from Texas A&M University and is a member of the International Council of Shopping Centers.

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About Inland Real Estate Acquisitions, Inc.
Inland Real Estate Acquisitions, Inc. is the purchasing arm for various entities that are a part of The Inland Real Estate Group of Companies, Inc., a group of independent legal entities, some of which may be affiliates, share some common ownership or have been sponsored or managed by Inland Real Estate Investment Corporation or its subsidiaries (collectively, “Inland”). For additional information, please refer to Inland’s website at www.inlandgroup.com.