Pleasant Hill Commons acquired

   The Inland Real Estate Group of Companies, Inc. announced last week the acquisition of the Pleasant Hill Commons shopping center in Kissimmee by Inland Diversified Real Estate Trust, Inc. (“Inland Diversified”). The 70,642-square-foot grocery-anchored shopping center is the second acquisition for Inland Diversified. The purchase was facilitated by Lou Quilici of Inland Real Estate Acquisitions, Inc.
   “This center is anchored by Publix, the region’s number one grocer, providing a strong draw to the smaller tenants in the shopping center,” commented Barry Lazarus, president and chief operating officer of Inland Diversified. “Grocery-anchored retail centers perform consistently across all economic cycles, and Pleasant Hill Commons is well positioned to provide strong returns to our company and stockholders.”
   Constructed in 2008, the shopping center’s other tenants include Bonworth, Century 21, TrustCo Bank, Subway, Pizza Hut and Fantastic Sam’s. The property was 100 percent leased at closing. It is located adjacent to a senior community, Good Samaritan Village, which is occupied by over 1,000 residents.