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
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.
James Bohnaker, senior economist at Cushman & Wakefield, stopped by the DLC booth at ICSC Las Vegas to discuss the future of retail. Leaving the false narratives about retail in the past behind, Bohnaker talks about trends, challenges, and opportunities in the industry and the importance of data-driven approaches to drive success. Read more in … Read more
What’s happening in the US retail industry? Nicole Larson shares her perspective, highlighting tightening fundamentals and the impact of conscious consumerism. In 2024, the importance of analyzing forecasted demographics, income growth, and population shifts are the keys to informing retail expansion plans, with a focus on value retail and identifying areas with expected income and … 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
