Acquisitions and dispositions
We are always exploring new acquisition opportunities.
With over 33 years of experience as a premier owner and operator of retail properties throughout the United States, DLC is actively seeking opportunities for new acquisitions to enhance its open-air portfolio through strategic investments which yield exceptional returns. Our focus is to generate significant value in the assets we acquire, with attractive investment return profiles ranging from Core-Plus to Value-Add to Opportunistic.
Value-Add/Opportunistic:
The acquisition and value enhancement and/or redevelopment of large open-air shopping centers that, as a principal, aren’t operating up to their optimum potential.
Core-Plus:
The acquisition and long-term ownership of high quality predominantly stable retail assets/portfolios offering strong current cash yields with opportunity for incremental value enhancement. Grocery-anchored is strongly preferred, but not required.
Leveraging DLC’s entire scope of in-house capabilities, we are able to unlock value in our retail properties through the implementation of innovative leasing strategies for under-leased or vacant space, the repositioning and proactive management of underperforming assets, and/or the execution of full-scale redevelopment projects.
Acquisition Criteria
Target Markets
Primary, Secondary, and Select Tertiary Markets throughout the Continental U.S.
Asset Profile
Multi-tenant Power Centers, Grocery-Anchored Shopping Centers, Neighborhood and Community Shopping Centers
Size
Minimum of 150,000 SF in GLA
Asset Value
Minimum of $20,000,000, with Single Assets and Portfolios considered
