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
ICSC Las Vegas 2024: Navigating the future of retail real estate Last week, two leading figures in the retail industry, Adam Ifshin, Founder and CEO of DLC, and Tom McGee, President and CEO of ICSC, met at ICSC Las Vegas 2024, the largest and most significant retail real estate gathering. Here are six key points … Read more
Aurora, CO, May 13, 2024 – Taaza Mart is thrilled to announce the grand opening of its newest location, poised to become the premier one-stop-shop for high-quality fresh fruits and vegetables, groceries, fresh bakery products, Biriyani, appetizers, Halal Meat and other essentials. Located in the heart of Aurora, in the Cornerstar Shopping Center, Taaza Mart … Read more
In many ways, the 2020s is a watershed decade for the construction industry, a time when many go-to contracting firms are seeing a change in leadership and in the makeup of their workforces. Bringing an entirely new mindset to the industry is Renovo Construction, the general contractor started by DLC. Renovo has embraced DLC’s owner-operator … Read more
At DLC, Take Your Child to Work Day is a team favorite tradition. It’s a day filled with excitement, learning, and bonding. This year, 25 new teammates, aged between 2 and 12, joined their parents or relatives in the office for a day of exploration and fun. The day kicked off deliciously with a hearty … Read more
Elmsford, NY – DLC, one of the nation’s largest private owners and operators of open-air shopping centers, is proud to announce that it has been named a “Great Place to Work” (GPTW) for the seventh consecutive year. This prestigious recognition underscores DLC’s commitment to fostering a positive and engaging workplace environment. To qualify for the … 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
Elmsford, NY (December 6, 2023) – DLC, one of the country’s largest private owners, operators, and managers of open-air retail, has raised institutional capital through a strategic commitment of growth capital from Temerity Strategic Partners (TSP). This will enable DLC to take advantage of the current market dislocation and capitalize a robust pipeline of acquisitions, … 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
Open-air retail real estate is in the headlines again, and for all the right reasons! This article by Kate King in the Wall Street Journal outlines the continued success of strip malls, which have been thriving since the COVID pandemic facilitated the rise of remote and hybrid work. This is indicative of the changing consumer landscape, … Read more
