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<TITLE>Inland American Real Estate Trust, Inc.</TITLE>
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<META NAME="date" CONTENT="12/08/2005">
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</B><FONT COLOR=#000000><B><SMALL>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. &nbsp;20549<BR>
<BR>
FORM 8-K<BR>
<BR>
</B>CURRENT REPORT<BR>
<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934<BR>
<BR>
<BR>
Date of Report: December 2, 2005<BR>
(Date of earliest event reported)<BR>
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<B>Inland American Real Estate Trust, Inc.<BR>
</B>(Exact name of registrant as specified in its charter)<BR>
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<TABLE style="font-size:10pt" cellspacing=0><TR><TD valign=top width=218.133><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>Maryland</P>
</TD><TD valign=top width=218.133><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>000-51609</P>
</TD><TD valign=top width=218.133><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>34-2019608</P>
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<TR><TD valign=top width=218.133><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(State or other jurisdiction of incorporation)</P>
</TD><TD valign=top width=218.133><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(Commission File No.)</P>
</TD><TD valign=top width=218.133><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>(IRS Employer Identification No.)</P>
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2901 Butterfield Road<BR>
Oak Brook, Illinois 60523<BR>
(Address of Principal Executive Offices)<BR>
<BR>
<BR>
(630) 218-8000<BR>
(Registrant's telephone number including area code)<BR>
<BR>
<BR>
Not Applicable<BR>
(Former name or former address, if changed since last report)</P>
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<P style="margin:0pt; font-family:Times New Roman">Check the appropriate box below if the Form 8-K filing in intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>
<P style="margin:0pt; font-family:Times New Roman"><BR></P>
<P style="margin:0pt; font-family:Times New Roman">[&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>
<P style="margin:0pt; font-family:Times New Roman"><BR></P>
<P style="margin:0pt; font-family:Times New Roman">[&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
<P style="margin:0pt; font-family:Times New Roman"><BR></P>
<P style="margin:0pt; font-family:Times New Roman">[&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
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<P style="margin:0pt; font-family:Times New Roman">[&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><B>Item 2.01 &nbsp;Completion of Acquisition or Disposition of Assets.</B></P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Our joint venture, Minto Builders (Florida), Inc., referred to herein as MB REIT, acquired the following propert y
 on the dates indicated below:</P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><B>Lake View Technology Center I; Suffolk, Virginia</B></P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">On December 2, 2005, MB REIT acquired a freestanding office building leased to the General Services Administration (GSA) for the U.S. Joint Force Command through the purchase of all of the membership interests of a limited liability company holding title to this center for approximately $24.5 million. &nbsp;The center contains approximately 110,000 of gross leasable square feet. &nbsp;The building is located at 115 Lakeview Parkway in Suffolk, Virginia. </P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">The limited liability company, MB Suffolk Lakeview, LLC acquired this property on October 7, 2005 from an unaffiliated third party for approximately $24.5 million. &nbsp;MB REIT subsequently acquired all of the outstanding membership interests in this limited liability company from Inland American Acquisitions, Inc. herein referred to as IAA, a wholly owned indirect subsidiary of The Inland Real Estate Transactions Group, Inc. &nbsp;The membership interest was transferred to MB REIT for no consideration. &nbsp;Inland Western Retail Real Estate Trust, Inc. provided the initial financing of $24.3 million to acquire the property. &nbsp;This loan was subsequently repaid on December 6, 2005 by MB REIT.</P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><B>Item 9.01. &nbsp;Financial Statements, ProForma Financial Information and Exhibits</B></P>
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<P style="margin-top:0pt; margin-bottom:-13pt; padding-left:18pt; text-indent:-18pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">(a)</P>
<P style="margin:0pt; padding-left:18pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Financial Statements</P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">No audited financial statements are required to be filed for Lake View Technology Center I under Rule 3-14 of the Securities and Exchange Commission Regulation S-X.</P>
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<P style="margin:0pt; padding-left:18pt; text-indent:18pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center><B>SIGNATURE</B></P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">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.</P>
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<TABLE style="font-size:10pt" cellspacing=0><TR><TD valign=top width=67.2>&nbsp;</TD><TD valign=top width=396.8><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">INLAND AMERICAN REAL ESTATE TRUST, INC.</P>
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<TR><TD valign=top width=67.2>&nbsp;</TD><TD valign=top width=396.8>&nbsp;</TD></TR>
<TR><TD valign=top width=67.2><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">By:</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=396.8><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">&nbsp;/s/ Lori J. Foust&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
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<TR><TD valign=top width=67.2><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Name:</P>
</TD><TD valign=top width=396.8><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Lori J. Foust</P>
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<TR><TD valign=top width=67.2><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Title:</P>
</TD><TD valign=top width=396.8><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Treasurer and Principal Accounting Officer</P>
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<TR><TD valign=top width=67.2><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>Date:</P>
</TD><TD valign=top width=396.8><P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>December 8, 2005</P>
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{"company-data": {"conformed-name": "Inland American Real Estate Trust, Inc.", "cik": "0001307748", "assigned-sic": "6798", "irs-number": "342019608", "state-of-incorporation": "MD", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-51609", "film-number": "051253368"}, "business-address": {"street1": "2901 BUTTERFIELD ROAD", "city": "OAK BROOK", "state": "IL", "zip": "60523", "phone": "630-218-8000"}, "mail-address": {"street1": "2901 BUTTERFIELD ROAD", "city": "OAK BROOK", "state": "IL", "zip": "60523"}}
Inland American Real Estate Trust, Inc.
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: December 2, 2005
(Date of earliest event reported)
Inland American Real Estate Trust, Inc.
(Exact name of registrant as specified in its charter)
Maryland
000-51609
34-2019608
(State or other jurisdiction of incorporation)
(Commission File No.)
(IRS Employer Identification 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 in intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.01  Completion of Acquisition or Disposition of Assets.
Our joint venture, Minto Builders (Florida), Inc., referred to herein as MB REIT, acquired the following propert y
 on the dates indicated below:
Lake View Technology Center I; Suffolk, Virginia
On December 2, 2005, MB REIT acquired a freestanding office building leased to the General Services Administration (GSA) for the U.S. Joint Force Command through the purchase of all of the membership interests of a limited liability company holding title to this center for approximately $24.5 million.  The center contains approximately 110,000 of gross leasable square feet.  The building is located at 115 Lakeview Parkway in Suffolk, Virginia.
The limited liability company, MB Suffolk Lakeview, LLC acquired this property on October 7, 2005 from an unaffiliated third party for approximately $24.5 million.  MB REIT subsequently acquired all of the outstanding membership interests in this limited liability company from Inland American Acquisitions, Inc. herein referred to as IAA, a wholly owned indirect subsidiary of The Inland Real Estate Transactions Group, Inc.  The membership interest was transferred to MB REIT for no consideration.  Inland Western Retail Real Estate Trust, Inc. provided the initial financing of $24.3 million to acquire the property.  This loan was subsequently repaid on December 6, 2005 by MB REIT.
Item 9.01.  Financial Statements, ProForma Financial Information and Exhibits
(a)
Financial Statements
No audited financial statements are required to be filed for Lake View Technology Center I under Rule 3-14 of the Securities and Exchange Commission Regulation S-X.
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 AMERICAN REAL ESTATE TRUST, INC.
By:
/s/ Lori J. Foust
Name:
Lori J. Foust
Title:
Treasurer and Principal Accounting Officer
Date:
December 8, 2005