8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

December 21, 2009

INLAND WESTERN RETAIL REAL ESTATE TRUST, INC.

(exact name of registrant as specified in charter)

Maryland (State or other
jurisdiction of
incorporation) 000-51199 (Commission File Number) 42-1579325 (IRS Employer
Identification No.)

2901 Butterfield Road, Oak Brook, Illinois	60523
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code:  (630) 218-8000

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01               Regulation FD Disclosure

On December 21, 2009, the board of directors of Inland Western Retail Real Estate Trust, Inc. (the “Company”) declared the fourth quarter 2009 distribution of $0.0325 per share, consistent with the Company’s current dividend policy of paying the minimum distribution required to maintain the Company’s status as a real estate investment trust under U.S. federal income tax law and regulation, and with restrictions under the Company’s line of credit.  The distribution is payable on January 11, 2010, to stockholders of record at the close of business on December 31, 2009.  This equates to a 1.3% annualized yield assuming a purchase price of $10.00 per share.  Each distribution is determined quarterly by our board of directors and the annualized yield is not necessarily indicative of future distributions.

On December 22, 2009, the Company issued a press release with respect to the leasing of space.  A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.  The information in this report, including Exhibit 99.1, is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

Item 9.01               Financial Statements and Exhibits

(d)           Exhibits

The following Exhibit is included with this Report:

99.1Press release of Inland Western Retail Real Estate Trust, Inc., dated December 22, 2009.

The statements and certain other information contained in this report, which can be identified by the use of forward-looking terminology such as “may,” “will,” “expect,” “continue,” “remains,” “intend,” “aim,” “should,” “prospects,” “could,” “future,” “potential,” “believes,” “plans,” “likely,” “anticipate,” and “probable,” or the negative thereof or other variations thereon or comparable terminology, constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby.  These statements should be considered as subject to the many risks and uncertainties that exist in the Company’s operations and business environment.  Such risks and uncertainties could cause actual results to differ materially from those projected.  These uncertainties include, but are not limited to, economic conditions, market demand and pricing, competitive and cost factors, and other risk factors.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	INLAND WESTERN RETAIL REAL ESTATE TRUST, INC.
	(Registrant)
	By:	/s/ Dennis K. Holland
		Dennis K. Holland
Date: December 22, 2009		General Counsel and Secretary

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EXHIBIT INDEX

Exhibit No.	Description
99.1	Press release of Inland Western Retail Real Estate Trust, Inc., dated December 22, 2009

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EX-99.1

Exhibit 99.1

NEWS RELEASE18-05-095

2901 Butterfield Road Oak Brook, Ill. 60523 www.inlandwestern.com

FOR IMMEDIATE RELEASE

Contact:  Georganne Palffy, Inland Western Retail Real Estate Trust, Inc. (Analysts)

(630) 368-2358 or georganne.palffy@inland-western.com

Joel Cunningham, Inland Communications, Inc. (Media)

(630) 218-8000 Ext. 4897 or cunningham@inlandgroup.com

INLAND WESTERN RETAIL REAL ESTATE TRUST, INC.

LEASES 233,022 SQUARE FEET IN CALIFORNIA

Oak Brook, Ill.  December 22, 2009 — Inland Western Retail Real Estate Trust, Inc. (“Inland Western”) announced today that the company has signed three leases totaling 233,022 square feet of space formerly occupied by Mervyn’s in California to Burlington Coat Factory.  The three locations include 77,192 square feet in Moreno Valley, CA; 77,936 square feet in Vacaville, CA; and 77,874 square feet in Elk Grove, CA.

“We are pleased to announce the execution of these leases, which demonstrates consistent leasing velocity within our portfolio,” commented Shane Garrison, chief investment officer of Inland Western. “We continue to see solid leasing interest due to the location and quality of our assets.”

Inland Western Retail Real Estate Trust, Inc. is a self-managed real estate investment trust that acquires, manages and develops a diversified portfolio of real estate, primarily multi-tenant shopping centers across the United States.  As of September 30, 2009, the portfolio under management totaled in excess of 49 million square feet, consisting of 299 wholly owned properties and 2 consolidated joint venture properties.  The company also has interests in 12 unconsolidated properties and 14 properties in 7 development joint ventures.  For further information, please see the company website at www.inlandwestern.com.

This press release may contain forward-looking statements.  Forward-looking statements are statements that are not historical, including statements regarding management’s intentions, beliefs, expectations, representations, plans or predictions of the future, and are typically identified by such words as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “may,” “will,” “should” and “could.”  The company intends that such forward-looking statements be subject to the safe harbors created by Section 27A of the Securities Act of 1933 and Section 21E.