DLC acquires The Court at Deptford in Deptford, New Jersey
Tarrytown, N.Y. — DLC Management Corp. has acquired The Court at Deptford in Deptford, New Jersey. DLC plans to redevelop the 361,000-sq.-ft. center located next to the Deptford Mall.
Tenants include Ross Dress for Less, Party City, Pier 1 and Olive Garden.
Shopping centers in the well-occupied trade area averages occupancy rates of 95%, thanks to a population of 210,985 with an average annual income of $77,600.