Acquisitions
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 our portfolio through strategic investments which yield exceptional returns. Our focus is to generate value in the assets we acquire, with attractive investment return profiles ranging from Core-Plus to Value-Add to Opportunistic.
Value-Add/Opportunistic:
Since our founding in 1991, DLC has been driven by our culture and an entrepreneurial spirit. DLC has grown to be one of the largest and preeminent private owners, operators, and managers of open-air shopping centers in the United States.
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 our 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 Retail 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
