IRC Retail Centers total assets under management includes approximately 20 million square feet of market dominant retail centers located primarily in the Central and Southeastern United States. We have the largest shopping center portfolios in the Chicago and Minneapolis-St. Paul MSAs, two of the top U.S. markets, and multiple assets in key metro areas in Ohio, Kentucky, Wisconsin and Indiana. We have also expanded into the Southeast through recent acquisitions of shopping centers and retail development projects in North Carolina, Alabama and Florida. Our markets have diverse economies, high barriers to entry and robust demographics that showcase dense populations and above average incomes. You will find our assets typically located at the “Main & Main” intersections of our selected markets.
Our tenants specialize in value retail and everyday goods and services. In fact, shopping centers with a grocery component comprise over 50% of our total portfolio. IRC 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.
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.
To explore IRC leasing opportunities, including development or redevelopment opportunities, contact Mike Fitzgerald, Senior Vice President, Director of Leasing, at 877-206-5656 or directly at 630.451.8285 | firstname.lastname@example.org.