DLC buys 2 Nebraska shopping centers
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- December
- 18
Greenburgh-based DLC Management Corp. announced today it has acquired two shopping centers in Lincoln, Neb., giving the property manager its first holdings in that state. East Park Plaza and Shopper’s Fair combined contain nearly 280,000 square feet of space, DLC said, adding that the deal was the 19th and final one for this year.
The company has acquired more than 4 million square feet this year at a cost of $355 million, DLC said. The 15-year-old company focuses on open-air shopping centers and owns 69 such centers in 23 states.
Separately, DLC reported that Justice Just for Girls signed a 10-year lease at Spring Valley Marketplace. Justice sells fashions for 7- to 14-year-old girls and also has a store in the Palisades Center in West Nyack. The clothing chain will occupy about 3,700 square feet at Spring Valley Marketplace, which is now fully rented, DLC said. DLC acquired the property in 1999.
This entry was posted
on Monday, December 18th, 2006 at 3:08 pm by David Schepp.
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