Katrina Mullaney 
December 18, 2024 – Elmsford, NY – DLC, one of the nation’s leading owners and operators of open-air shopping centers, has announced the acquisition of two premier Walmart Supercenter-anchored shopping centers in Columbus, Ohio – Taylor Square and Tuttle Crossing – for $76.25 million, with Principal Asset ManagementSM acting as advisor. This transaction continues DLC’s … Read more
When a store opens for business, everyone benefits – the retailer, the landlord, and the community. The same can be said for when a store is renovated. It’s a big reason why our teams at DLC, NWS Architects, and Renovo Construction are specifically focused on getting stores open – or reopened as the case may be … Read more
Just in time for the holiday season, Planet Fitness has opened at Randhurst Village in Mount Prospect, IL, in an over 18,000 SF space filled with the latest cardio, strength, and functional fitness equipment that members have come to expect. Planet Fitness is just one of the exciting grand openings that have taken place in … Read more
Mount Prospect, IL – November 9, 2024 – DLC, one of the nation’s preeminent owners and operators of open-air shopping centers welcomes the addition of Macy’s small format store to Randhurst Village in Mount Prospect, IL, in the Chicago MSA. This new Macy’s will provide both convenience and discovery in an easy-to-shop environment. Macy’s will … Read more
Elmsford, NY – October 30, 2024 – DLC, one of the nation’s preeminent owners and operators of open-air shopping centers, has acquired Springfield Commons in partnership with funds managed by the Private Real Estate Group of Cohen & Steers. The 119,085 SF shopping center is located in Springfield, Virginia, and it is DLC’s sixth property … Read more
HomeSense is now open at the Village at Allen! Adding a new dimension to the shopping experience in this bustling retail hub, Homesense, a sister store to HomeGoods under the TJX Companies umbrella, is celebrated for offering an expansive range of quality home goods at value prices. With its doors now open, shoppers in Allen … Read more
Elmsford, NY – DLC, one of the nation’s largest private owners and operators of open-air shopping centers, and Meadow Partners, an institutional middle-market real estate investor, have acquired Penn Mar Shopping Center, a prominent 378,205 square foot grocery-anchored shopping center located inside the Capital Beltway within Prince George’s County in Forestville, Maryland, less than 10 … Read more
Retailers are looking to expand despite high construction costs and interest rates, leading to increased redevelopment of existing shopping centers. In a new article published by ICSC Adam Ifshin says: “Retailers have seen the incremental additional rent as manageable versus the growth opportunities that they have. The smart retailers haven’t stopped expanding. They know that … Read more
Ana Leon, Director of Retail Research at Nuveen, discusses the resurgence of the retail sector. Learn about current trends driving retail growth, including: Read more about what’s happening in open-air retail in the free report, “Too Good to Ignore.”
With retail real estate fundamentals the strongest they have been in more than two decades, it’s critical for investors to consider how to get in the game. Retail real estate investment opportunities with a focus on fundamentals and institutional capital.
