DLC Acquires West Street Shopping Center in Keene, New Hampshire
DLC has acquired the 206,319-square-foot West Street Shopping Center in Keene, New Hampshire, through an off-market deal in a joint venture with Cohen & Steers. The grocery-anchored asset features high-performing tenants including Hannaford—the nation's second-best performing location for the brand—and Hobby Lobby. The acquisition expands DLC's footprint in the Keene market to over 500,000 square feet. With current occupancy at 80%, the company plans to leverage its local expertise to lease approximately 40,000 square feet of second-generation retail space, aiming to drive Net Operating Income (NOI) growth through strategic tenant placement.
Topics: Commercial Real Estate Retail Acquisition Shopping Center Expansion
Read the full article at PR Newswire
Part of the story DLC Acquires West Street Shopping Center in Keene, New Hampshire (3 articles)