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DLC and Meadow Partners acquire Penn Mar Shopping Center for $68.5M

DLC AND MEADOW PARTNERS ACQUIRE PENN MAR SHOPPING CENTER FOR $68.5 MILLION

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

Adam Ifshin: “The smart retailers have not stopped expanding.”

Retailers are looking to expand despite high construction costs and interest rates, leading to increased redevelopment of existing shopping centers. In a new article published by ICSC Adam Ifshin says: “Retailers have seen the incremental additional rent as manageable versus the growth opportunities that they have. The smart retailers haven’t stopped expanding. They know that … Read more

Talking retail trends with Nuveen’s Ana Leon

Talking retail trends with Nuveen's Ana Leon

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.”

Colliers Nicole Larson talks US retail industry trends, consumer behavior, and expansion strategies

Nicole Larson, head of retail research at Colliers

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 announces recapitalization and refinancing of Spring Creek and Steele Crossing shopping centers in partnership with Cohen & Steers

Open-air shopping centers, Spring Creek and Steele Crossing in Fayetteville, AK

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 – Boston-Area Shopping Center Trades for $86M

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 – DLC makes its second big center purchase in a week

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

Green Street – DLC Acquires Colony Place in Plymouth Massachusetts

Green Street, an industry leading commercial real estate analytics, research, advisory, and news firm, recently published about DLC’s acquisition of Colony Place in their real estate alert newsletter. From the newsletter, “A DLC Management partnership has scooped up a shopping center in Plymouth, Mass., for $86 million, stepping in after a deal with another investor … Read more

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