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
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
DLC, one of the nation’s largest private owners and operators of open-air shopping centers, has completed the recapitalization and refinancing of two prime retail properties in Fayetteville, Arkansas, Spring Creek and Steele Crossing. This transaction, in partnership with Cohen & Steers, underscores DLC’s commitment to driving exceptional returns and value creation for investors. The purchase … Read more
Globest.com, a leading source of news in the commercial real estate industry, recently published an article detailing DLC’s $86M acquisition of Colony Place in Plymouth Massachusetts. From the article, “This transaction is DLC’s first with Principal Asset Management acting as adviser. The acquisition also marks DLC’s second deal with Temerity Strategic Partners. In December 2023, TSP … Read more
Chain Store Age, a trusted news source in the commercial real estate industry, recently published an article about DLC’s purchase of Colony Place in Plymouth Massachusetts. From the article, “Today, DLC announced its $86 million purchase of another 400,000-sq.-ft. property–Colony Place in Plymouth, Mass. Shadow-anchored by a Walmart, Colony Place’s key retail tenants include Aldi, … Read more
Acquisition of Open-Air Colony Place Marks DLC’s Entrance Into Boston MSA New York City (May 28, 2024) – DLC, one of the country’s largest private owners, operators, and managers of open-air retail, has acquired the Colony Place shopping center in Plymouth, MA, for $86 million in an off-market transaction. The acquisition marks DLC’s entrance into … Read more
Elmsford, NY – DLC, one of the nation’s largest owners, operators, and managers of retail real estate, has announced the successful refinancing of Loch Raven Plaza in Towson, MD. The refinancing resulted in a multimillion-dollar cash-out, repatriating significant capital to investors and beginning a relationship through our first transaction with TruStage (CUNA Mutual Group), a live … Read more
Value-add portfolio includes best-in-class assets across four states; DLC expects ‘very strong, above-market returns’ from investment Elmsford, NY (November 20, 2023) – A joint venture between DLC, one of the country’s largest private owners, operators, and managers of open-air retail, along with funds managed by DRA Advisors, have acquired four major open-air shopping centers with an … Read more
Grocery-anchored open-air property boasts national brands Elmsford, NY – DLC, one of the country’s largest owner-operators of open-air shopping centers, has closed on the $46.5 million acquisition of Brookside Center, located at 4531 N Main Street in Bridgeport, CT an hour from New York City. The grocery-anchored center, located in Fairfield County, on the border … Read more
Elmsford, NY – DLC, one of the nation’s largest owners, operators, and managers of retail real estate, announced today the successful refinancing of Eastover Shopping Center in Oxon Hill, MD. The refinancing resulted in a multimillion-dollar cash-out, repatriating significant capital to investors and strengthening DLC’s growing relationship with WesBanco, a repeat lender. DLC has been … Read more
