Tarrytown, New York - DLC Management Corporation announced its latest acquisition of 11 retail assets in New York, North Carolina, Arkansas and Tennessee totaling 2.58 million sq. ft., of which 1.73 million sq. ft. is owned property.
According to DLC, this acquisition is the largest in its history. The The properties include:
2015 Walden Avenue, 26,500 sq. ft. – Cheektowaga, New York
Batavia Commons, 49,431 sq. ft. – Batavia, New York
BJ’s Plaza, 95,846 sq. ft. – Batavia, New York
Premier Place, 414,639 sq. ft. – Williamsville, New York
River Hills, 315,234 sq. ft. – Asheville, New York
Spring Creek, 588,606 sq. ft. – Fayetteville, Arkansas
Steele Crossing, 261,665 sq. ft. – Fayetteville, Arkansas
Towne Centre, 390,607 sq. ft. – Murfreesboro, Tennessee
Union Consumer Square, 386,320 sq. ft. – Cheektowaga, New York
Walden Consumer Square, 253,225 sq. ft. – Cheektowaga, New York
Walden Place, 68,002 sq. ft. – Cheektowaga, New York
"I'm thrilled to announce today that Team DLC closed the largest acquisition in its history, an 11-center, 2,578,000-sq.-ft., power center portfolio in four states of which 1,732,957 sq. ft. is owned.
With significant value added potential in select key assets in the portfolio, we look forward to bringing additional best in class value-oriented tenants to this exciting portfolio," said Adam Ifshin, CEO of DLC Management Corp.