PRESS ROOMNEWS RELEASE

Northeast San Antonio’s 303-Unit Multifamily Development, Citadel at Lookout Leasing Ahead of Schedule

Oak Brook, IL – Inland National Development Company, LLC (“INDC”) and co-developer, Cambridge Development Group, Inc., today announced Northeast San Antonio’s luxury multifamily community development, Citadel at Lookout, is 80 percent complete and 60 percent leased.

Citadel at Lookout is located on 11.5 acres at 15453 Lookout Road in Selma, Texas, a submarket of San Antonio. This Class A community consists of 21 studio, 162 one-bedroom and 120 two-bedroom residences, totaling 303 units in 10 three-story controlled access buildings. Each unit features open floorplans with nine-foot ceilings and some with 13-foot ceilings, in-unit washers and dryers, walk-in closets, granite countertops, stainless steel appliances and private balconies or yards.

The community has best-in-class, upscale amenities including a state-of-the-art fitness center with a yoga studio and meditation garden, resort-style swimming pool with submerged tanning ledge, poolside cabanas, outdoor fire pits, a grilling area, a beautifully appointed contemporary clubhouse, a dog park, a dog washing station, open green spaces with picnic areas, garages and surface parking.

Citadel at Lookout is near many of San Antonio’s major employers including Randolph-Brooks Federal Credit Union; Amazon; Brandt Engineering; HVHC; Sysco; GE Oil & Gas; Judson ISD; Northeast Medical Center and Randolph Air Force Base. Two more San Antonio Amazon distribution centers are in the pipeline with openings expected for 2022 providing additional employment opportunities.

“Citadel at Lookout is ideally located in a highly desirable and rapidly growing area, which is evident in our leasing numbers,” said Anthony Casaccio, president and CEO of INDC. “The community is leasing up at a rapid pace and approximately four months ahead of projections. Construction on all 10 buildings is scheduled for completion in January 2022 and we look forward to welcoming all residents to their new home.”

For more information on Citadel at Lookout or to inquire about leasing opportunities visit: www.citadelatlookout.com.

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About Inland National Development Company, LLC
Inland National Development Company, LLC (INDC) is a developer of residential, multifamily, hospitality, retail and senior housing properties. INDC is part of The Inland Real Estate Group of Companies, Inc., one of the nation’s largest commercial real estate and finance groups, which is comprised of independent legal entities, some of which may be affiliates, share some common ownership or have been sponsored and managed by such entities or subsidiaries thereof (collectively “Inland”). Inland has been creating, developing and supporting real estate-related companies for more than 50 years. For more information, visit www.inlandgroup.com/indc.