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.