Inland Real Estate Investment Corporation Announces the Retirement of Brian M. Conlon

OAK BROOK, Ill.--(BUSINESS WIRE)--Inland Real Estate Investment Corporation (“Inland”) announced today that Brian M. Conlon, Chief Executive Officer of Inland Real Estate Investment Corporation, will retire from the industry at the end of the year on December 31, 2012.

“After the very successful close of our latest REIT, it just felt like the right time to retire”

“Inland is an organization of unquestioned integrity with an outstanding track record of success, and I am very proud to have represented Inland in the marketplace for the past 14 years,” said Conlon.

“We sincerely thank Brian for his dedication and service to Inland over these many years,” said Bob Parks, chairman and a director of Inland Real Estate Investment Corporation. “Brian has been a valued leader and expert in our industry and we wish him the very best in his retirement.”

Mr. Conlon will work closely with Inland executives during the coming months to name his replacement and transition his responsibilities.

“After the very successful close of our latest REIT, it just felt like the right time to retire,” Conlon said. “Announcing my retirement early gives me the next few months to work closely with Brenda Gujral and Bob Parks to select my successor, as well as provide me with the time to say goodbye to my many friends in the industry while representing Inland in the market through the remainder of the year.”

About Inland Real Estate Investment Corporation

Inland Real Estate Investment Corporation is an integrity-based real estate company, develops and sponsors real estate investment products. Since its inception, Inland Investments and its subsidiaries have sponsored 625 total private placement programs (1031/Opportunity/LPs) and six non‐traded REITs. As of June 30, 2012, Inland raised more than $19 billion from investment product sales to over 368,000 investors, many of whom have invested in more than one product.