Inland REIT Announces IPO

Inland Western Retail Real Estate Trust, Oak Brook, Ill., has announced an initial public offering of 270 million shares of common stock.The IPO consists of 250 million shares priced at $10 per share and 20 million shares, issuable under Inland Western's distribution reinvestment program, priced at $9.50 per share. Inland Securities Corp., an affiliate of the company, will manage the underwriting of the best-efforts offering. Inland Western, a real estate investment trust, is part of the Inland Real Estate Group of Companies, which can be found online at http://www.inlandgroup.com.

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