DLC Management announces 2.6-million-sq.-ft. portfolio acquisition

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:

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  2015 Walden Avenue, 26,500 sq. ft. – Cheektowaga, New York


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  Batavia Commons, 49,431 sq. ft. – Batavia, New York


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  BJ’s Plaza, 95,846 sq. ft. – Batavia, New York


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  Premier Place, 414,639 sq. ft. – Williamsville, New York


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  River Hills, 315,234 sq. ft. – Asheville, New York


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  Spring Creek, 588,606 sq. ft. – Fayetteville, Arkansas


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  Steele Crossing, 261,665 sq. ft. – Fayetteville, Arkansas


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  Towne Centre, 390,607 sq. ft. – Murfreesboro, Tennessee


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  Union Consumer Square, 386,320 sq. ft. – Cheektowaga, New York


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  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.