DLC Management, a leading owner and operator of open-air shopping centers, has purchased two centers in Frederick, Md., a town situated within 40 miles of both Baltimore and Washington, D.C.
Advisors to retail real estate investors these days all seem to be whispering: “Invest only in A centers in A markets, don’t gamble on secondary and tertiary markets.”
DLC Management Corp. has consummated what it claims to be the largest single retail real estate deal in Texas in the past year, affirming the company’s westward move.