Retail Properties of America 424B3 Prospectus supplement

Filed pursuant to 424(b)(3)
Registration #333-103799

SUPPLEMENT NO. 29
DATED AUGUST 16, 2004
TO THE PROSPECTUS DATED SEPTEMBER 15, 2003
OF INLAND WESTERN RETAIL REAL ESTATE TRUST, INC.

We are providing this Supplement No. 29 to you in order to supplement our prospectus. This supplement updates information in the "Real Property Investments" and "Plan of Distribution" sections of our prospectus.This Supplement No. 29 supplements, modifies or supersedes certain information contained in our prospectus, Supplement No. 28 dated August 6, 2004, Supplement No. 27 dated July 28, 2004, Supplement No. 26 dated July 20, 2004, Supplement No. 25 dated, July 8, 2004, Supplement No. 24 dated June 25, 2004, and Supplement No. 23 dated June 15, 2004, (Supplement No. 23 superseded certain information contained in our prospectus and prior supplements dated between October 23, 2003 and June 10, 2004), and must be read in conjunction with our prospectus.

Real Property Investments

The discussion under this section, which starts on page 98 of our prospectus, is modified and supplemented by the following information regarding properties we have acquired or intend to acquire.

Manchester Meadows, Town and Country, Missouri

On August 12, 2004, we purchased an existing shopping center known as Manchester Meadows, containing 454,102 gross leasable square feet (which includes 3,412 square feet of ground lease space). The center is located at 13901 Manchester Road in Town and Country, Missouri.

We purchased this property from an unaffiliated third party. Our total acquisition cost was approximately $56,481,000. This amount may increase by additional costs which have not yet been finally determined. We expect any additional costs to be insignificant. Our acquisition cost was approximately $124 per square foot of leasable space.

We purchased this property with our own funds. However, we expect to place financing on the property at a later date.

We do not intend to make significant repairs and improvements to this property over the next few years. However, if we were to make any repairs or improvements, the tenants would be obligated to pay a substantial portion of any monies spent pursuant to the provisions of their respective leases.

Two tenants, Wal-Mart and Home Depot, each lease more than 10% of the total gross leasable area of the property. The leases with these tenants require the tenants to pay base annual rent on a monthly basis as follows:

			Base Rent
	Approximate		Per Square
	GLA Leased	% of Total	Foot Per	Lease	Term
Lessee	(Sq. Ft.)	GLA	Annum ($)	Beginning	To

Wal-Mart	154,717	34	7.00	01/95	01/15

Home Depot	111,175	24	7.47	11/94	11/19

For federal income tax purposes, the depreciable basis in this property will be approximately $42,361,000. When we calculate depreciation expense for tax purposes, we will use the straight-line method. We depreciate buildings and improvements based upon estimated useful lives of 40 and 20 years, respectively.

Manchester Meadows was built in 1994 and 1995. As of August 1, 2004, this property was 96% occupied, with a total 437,702 square feet leased to 22 tenants. The following table sets forth certain information with respect to those leases:

	Approximate GLA Leased		Current Annual	Base Rent Per Square Foot
Lessee	(Sq. Ft.)	Lease Ends	Rent ($)	Per Annum ($)

Sears Portrait Studio	2,123	03/05	39,063	18.40
Linens 'N Things	34,917	01/05	367,289	10.52
Payless Shoesource	3,000	05/05	55,200	18.40
HobbyTown USA	2,450	07/05	44,100	18.00
Chic Nails	1,400	05/06	27,475	19.63
Town & Country Tobacco	1,400	01/07	27,417	19.58
Fast Track Fitness	3,000	02/07	55,500	18.50
United States Postal Service	3,500	04/07	63,245	18.07
Cobblestone Shoe Repairs	1,400	04/07	26,600	19.00
3 Day Blinds	4,550	03/08	110,716	24.33
Art & Frame	1,400	11/08	29,050	20.75
St. Louis Playscapes	7,500	12/08	155,000	20.67
99 Cent Only Store	3,000	01/09	51,000	17.00
Great Clips	1,400	04/09	27,633	19.74
Memories Unlimited	2,500	04/09	44,167	17.67
OfficeMax	23,920	11/09	239,200	10.00
PETsMART	27,438	03/10	249,228	9.08
Wal-Mart	154,717	01/15	1,083,018	7.00
The Sports Authority	40,500	11/14	324,000	8.00
Home Depot	111,175	11/19	830,088	7.47
St. Louis Playscapes	3,000		54,000	18.00
Boston Chicken (Ground Lease)	3,412	08/05	79,200	N/A

In general, each tenant will pay its proportionate share of real estate taxes, insurance and common area maintenance costs, although the leases with some tenants may provide that the tenant's liability for such expenses is limited in some way, usually so that their liability for such expenses does not exceed a specified amount.

The Village Shoppes at Simonton, Lawrenceville, Georgia

On August 9, 2004, we purchased a newly constructed shopping center known as The Village Shoppes at Simonton, containing 66,415 gross leasable square feet. The center is located at New Hope Road and Simonton Road in Lawrenceville, Georgia.

We purchased this property from an unaffiliated third party. Our total acquisition cost was approximately $13,749,000. This amount may increase by additional costs which have not yet been finally determined. We expect any additional costs to be insignificant. Our acquisition cost was approximately $207 per square foot of leasable space.

We purchased this property with our own funds. However, we expect to place financing on the property at a later date.

One tenant, Publix, will lease more than 10% of the total gross leasable area of the property. The lease with this tenant requires the tenant to pay base annual rent on a monthly basis as follows:

			Base Rent
	Approximate		Per Square
	GLA Leased	% of Total	Foot Per	Lease	Term
Lessee	(Sq. Ft.)	GLA	Annum ($)	Beginning	To

Publix	44,271	67	10.95	05/04	05/24

For federal income tax purposes, the depreciable basis in this property will be approximately $10,312,000. When we calculate depreciation expense for tax purposes, we will use the straight-line method. We depreciate buildings and improvements based upon estimated useful lives of 40 and 20 years, respectively.

The Village Shoppes at Simonton was newly constructed in 2004. As of August 1, 2004, this property was 85% occupied with a total of 56,615 square feet leased to nine tenants. The following table sets forth certain information with respect to those leases:

	Approximate GLA Leased		Current Annual	Base Rent Per Square Foot
Lessee	(Sq. Ft.)	Lease Ends	Rent ($)	Per Annum ($)

Dollar Store	2,644	06/09	60,812	23.00
South Eastern Dry Cleaners	1,500	07/09	42,000	28.00
Pak Mail Center	1,400	07/09	35,000	25.00
Subway Real Estate Corp.	1,400	07/09	32,900	23.50
Nails and Tanning	1,200	07/09	30,000	25.00
Pizza Hut of America	1,400	07/10	32,900	23.50
Supercuts	1,400	08/09	33,600	24.00
New China	1,400	08/09	32,200	23.00
Publix	44,271	05/24	484,767	10.95

Plan of Distribution

The following new subsection is inserted at the end of this section on page 148 our prospectus.

Update

The following table updates shares sold in our offering as of August 11, 2004:

		Gross	Commission and fees	Net
	Shares	proceeds ($)	($) (1)	proceeds ($)

From our advisor	20,000	200,000	-	200,000

Our offering began September 15, 2003:	108,038,106	1,080,301,074	112,769,783	967,531,291

Shares sold pursuant to our distribution reinvestment program	1,282,904	12,187,591	-	12,187,591

	109,341,010	1,092,688,665	112,769,783	979,918,882

(1) Inland Securities Corporation serves as dealer manager of this offering and is entitled to receive selling commissions and certain other fees, as discussed further in our prospectus.

Retail Properties of America (RPAI) 424B3Prospectus supplement