- December 14, 2025
Inland Real Estate Acquisitions Inc. announced today the acquisition of Palm Coast Landing, a 171,297-square-foot shopping center on State Road 100, for approximately $40.4 million.
The property, which was fully leased at closing, was acquired on behalf of Inland Diversified Real Estate Trust Inc. (“Inland Diversified”). Matt Tice, vice president of Inland Real Estate Acquisitions, facilitated the transaction.
“This property is located in Flagler County, one of the five fastest-growing counties in the U.S., and features a strong lineup of national tenants,” Tice said. “The center is one of the most active in the area, drawing from a population of more than 56,000 people within a five-mile radius.”
Tenants at the center include Ross Dress for Less, T.J. Maxx, PetSmart, Michael’s and Books-A-Million. The property is shadow-anchored by a Super Target, which was not acquired. At closing, the property was 100% leased to 28 tenants.
“This acquisition adds another property to our Florida portfolio while also increasing our geographic presence in the northern part of the state,” said Barry Lazarus, president and chief operating officer of Inland Diversified. “This acquisition demonstrates our continued confidence in the Florida’s growth.”
