Inland Real Estate Income Trust, Inc. Announces the Resignation of Joann M. Mcguinness, President and Chief Operating Officer and Member of the it's Board of Directors
November 10, 2016 at 05:05 pm
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Inland Real Estate Income Trust, Inc. announced that on November 7, 2016, JoAnn M. McGuinness, President and Chief Operating Officer and a member of the company's board of directors, notified the company of her intention to resign as President and Chief Operating Officer effective December 30, 2016. Ms. McGuinness will continue to serve as a member of the Board. The decision of Ms. McGuinness to resign as the company's President and Chief Operating Officer was not the result of any disagreement with the company on any matter relating to the company's operations, policies or practices.
Inland Real Estate Income Trust, Inc. is a real estate investment trust that acquires and manages a portfolio of commercial real estate investments located in the United States. The Company invests in joint ventures or acquires other real estate assets such as office and medical office buildings, multi-family properties and industrial/distribution and warehouse facilities. It is also focused on investing in real estate-related equity securities of both publicly traded and private real estate companies, as well as commercial mortgage-backed securities (CMBS). The Company's investment properties include Newington Fair, Wedgewood Commons, Park Avenue, North Hills Square, Mansfield Shopping Center, MidTowne Shopping Center, Settlers Ridge, Pick N Save Center, Wilson Marketplace, Regal Court, Pentucket Shopping Center, Blossom Valley Plaza, Branson Hills Plaza, Walgreens Plaza, and Fox Point Plaza. The Company owns approximately 52 retail properties, totaling 7.2 million square feet.
Inland Real Estate Income Trust, Inc. Announces the Resignation of Joann M. Mcguinness, President and Chief Operating Officer and Member of the it's Board of Directors