We specialize in acquiring, owning and managing high quality, open-air shopping centers. As of March 31, 2017, we had approximately $4 billion in total assets under management comprising more than 20 million square feet of leasable space, located primarily in the Central and Southeastern United States. Our markets have diverse economies, high barriers of entry and robust demographics that showcase dense populations and above average incomes.
IRC Retail Centers’ total portfolio is primarily comprised of neighborhood, community and power shopping centers, and single-tenant retail assets. Our tenants are market-leading grocers like Kroger, Jewel and Supervalu, and national brand discount retailers such as TJ Maxx and Ross Dress for Less. Our tenants also include a diverse blend of successful franchise owners, as well as regional and local operators.
Our team of experienced, dedicated professionals is guided by our “C.O.R.E.” mission – that is to “Create Outstanding Relationships and Experiences” with our tenants, shoppers, investors, joint venture partners, co-workers, and the communities in which we operate.
The senior management team of IRC Retail Centers averages more than 25 years in the shopping center business. Our market concentrations afford leasing flexibility and management expertise when discussing opportunities with retailers entering our markets for the first time, expanding their existing market presence, upgrading locations, or adjusting store footprints.
We apply this experience and market leadership to all phases of leasing, asset management, acquisitions and development.
IRC Retail Centers is a retail real estate company that is owned by funds managed by DRA Advisors, LLC.