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Inland Real Estate Corp. (IRC)

8:01AM AEST: 8.03 USD  Down 0.18 (2.19%)  
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Inland Real Estate Corp.
2901 Butterfield Road
Oak Brook, IL 60523
Phone: 630-218-8000
Web Site: http://www.inlandrealestate.com

 DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Financial
Industry:REIT - Retail
Employees (last reported count):106

 REUTERS ABRIDGED BUSINESS SUMMARY 
Inland Real Estate Corporation, a real estate investment trust (REIT), engages in the ownership, operation, and development of shopping centers and single-tenant retail properties in the Midwest region of the United States. As of December 31, 2007, the company owned interests in 152 investment properties, comprising 70 neighborhood retail centers totaling approximately 4,397,000 gross leasable square feet; 20 community centers totaling approximately 3,007,000 gross leasable square feet; 28 power centers totaling approximately 4,622,000 gross leasable square feet; 1 lifestyle center totaling approximately 562,000 gross leasable square feet; and 33 single-user properties totaling approximately 2,139,000 gross leasable square feet. Inland Real Estate Corporation has elected to be taxed as a REIT under the Internal Revenue Code and would not be subject to federal income tax to the extent it distributes at least 90% of its REIT taxable income to stockholders. The company was formed in 1994 and is based in Oak Brook, Illinois.
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     OFFICERS 
     PayExercised
    Mr. Mark E. Zalatoris , 52
    Chief Exec. Officer and Pres
    $ 520.00KN/A
    Mr. Brett A. Brown , 45
    Chief Financial Officer, Principal Accounting Officer, Sr. VP and Treasurer
    $ 322.00KN/A
    Mr. D. Scott Carr , 44
    Sr. VP of Portfolio Management and Pres of Inland Commercial Property Management Inc
    $ 322.00KN/A
    Ms. Beth Sprecher Brooks Esq., 55
    Sr. VP, Corp. Sec. and Gen. Counsel
    $ 265.00KN/A
    Mr. William W. Anderson , 51
    VP of Transactions
    $ 260.00KN/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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