8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report:  September 20, 2007

(Date of earliest event reported)

Inland Western Retail Real Estate Trust, Inc.

(Exact name of registrant as specified in its charter)

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

2901 Butterfield Road
Oak Brook, Illinois 60523

(Address of Principal Executive Offices)

(630) 218-8000

(Registrant’s telephone number including area code)

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:

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 September 20, 2007, Inland Western Retail Real Estate Trust, Inc. issued the press release attached hereto as Exhibit 99.1 and is incorporated into this filing in its entirety.   

Item 9.01.  Financial Statements and Exhibits.

(c)	Exhibits:
	Exhibit No.	Description
	99.1	Inland Western Retail Real Estate Trust, Inc. press release dated September 20, 2007.

SIGNATURE

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 hereunto duly authorized.

INLAND WESTERN RETAIL REAL ESTATE TRUST, INC.
By:	/s/ Brenda G. Gujral
Name:	Brenda G. Gujral
Title:	Chief Executive Officer
Date:	September 20, 2007

EX-99.1

NEWS RELEASE
2901 Butterfield Road              Oak Brook, Illinois 60523             www.inland-western.com

FOR IMMEDIATE RELEASE

Contact:  Georganne Palffy, The Inland Real Estate Group of Companies, Inc (Analysts)

  (630) 218-8000 Ext 2358 or palffy@inlandgroup.com

  Darryl Cater, The Inland Real Estate Group of Companies, Inc. (Media)

  (630) 218-8000 Ext. 4896 or cater@inlandgroup.com

INLAND WESTERN RETAIL REAL ESTATE TRUST, INC.

ANNOUNCES JOINT VENTURE WITH HAMPTON PARTNERS LLC TO ACQUIRE

AND REDEVELOP 17 ALBERTSON PROPERTIES IN COLORADO

Oak Brook, Ill.  Sept. 20, 2007 – Inland Western Retail Real Estate Trust, Inc. (“Inland Western”) today announced the formation of a joint venture partnership with Hampton Partners LLC, and the joint venture’s acquisition of 17 former Albertsons properties encompassing approximately 780,000 square feet in the Denver-Boulder MSA.  The stores, vacated by Albertsons in 2006, include 11 sites in the Denver Metro area, three sites in Colorado Springs and additional sites in Loveland, Greeley, and Security, Colorado.

The joint venture anticipates a total investment of approximately $60 to $65 million to acquire and renovate the 17 retail properties over the next 24 months.  The redevelopment strategy includes the division of many of the larger properties into multi-tenant and smaller single-tenant parcels, incorporating the local expertise of Hampton Partners, a developer/owner of multiple retail projects in the Denver area.

“This transaction with Hampton Partners is representative of our strategy to enhance shareholder value through aligning with local developers to acquire, and opportunistically develop and redevelop, properties in areas with solid demographics and barriers to entry,” stated Michael J. O’Hanlon, senior vice president asset management of Inland Real Estate Investment Corporation, the sponsor of Inland Western.

Inland Western Retail Real Estate Trust, Inc. is a real estate investment trust focused on the acquisition, development and management of retail properties, including lifestyle, power, neighborhood and community centers, in addition to single-user net lease properties in locations demonstrating solid demographics.  As of June 30, 2007, the portfolio consisted of 304 properties totaling approximately 45.7 million square feet, located in 38 states and one Canadian province.  Inland Western is one of four REITs that are, or have been, sponsored by affiliates of The Inland Real Estate Group of Companies, Inc., which collectively owns and manages over $15.8 billion in assets.  For further information, please see the company website at www.inland-western.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 of the Securities Exchange Act of 1934.  There are numerous risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. For a more complete discussion of these risks and uncertainti es, please

see the company’s Annual Report on Form 10-K for the year ended December 31, 2006, and each Quarterly Report on Form 10-Q filed thereafter.  Inland Western Retail Real Estate Trust, Inc. disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.