DLC Management Corp.

We’re just going to leave this here. It’s our latest white paper, and really, it’s “Too Good to Ignore.” Open-air retail is THRIVING, and we’re here to shine the spotlight on the star of the CRE investment show. For the first time in over twenty years, retail real estate's four most important metrics are blowing past their all-time highs. ?? Traffic ?? Tenant sales ?? Rent ?? Occupancy “It’s extraordinary, and it’s happening in the only commercial real estate product type where you can achieve positive leverage.” - Adam Ifshin Read the paper. We won’t even ask for your email address. https://bit.ly/3SfGikT

Another grand opening to celebrate! Welcome to Powell Center, Floor & Decor! In a 62,500 SF space at one of our centers in Columbus, OH, this was another great example of how our team can add value quickly after we acquire a property - the tenant was signed quickly after the close of the purchase, and we were able to fill the space. Congratulations to the team that got the deal done and the store opened! #GrandOpening #RetailRealEstate #CRE #Retail

Curious about the future of contract negotiation? LeasePilot's innovative tech could be the answer, streamlining the chaos of the process. "They get an LOI on their desk. It can often take a week to turn it around. In terms of drafting time, anywhere from three to 10 hours, let's say.?With LeasePilot, that can be reduced to 15 minutes, or a little bit more, perhaps if there are specific nuances that need to be drafted." - David Saltman, CEO and President, Lease Pilot In this week's Retail Retold, Saltman and Chris Ressa discuss how technology is changing the game with automation and AI. Say goodbye to tedious drafting and hello to efficiency! Listen here or on your favorite podcast platform: https://bit.ly/3Cqz7B8 #CRE #RetailRealEstate #RessaOnRealEstate #AutomationRevolution #AI #RealEstate

Well, it's that time again. What time is that? Time for new teammates to join the best team in CRE at DLC! We have open roles for new site supers and traveling site supers. These are permanent roles on our Renovo Construction team. Learn more and apply today! https://bit.ly/3AEwETf #CRE #ConstructionJobs #Hiring #JoinOurTeam #GPTW

Macy's at Randhurst Village is now OPEN! The iconic brand opened one of its new, small-format store in Mount Prospect, IL, on Saturday. Over 500 people lined up for the ribbon-cutting ceremony and to shop Macy’s magic and the top national brands that customers have come to know and love. Our team at Renovo Construction had the challenge of transforming a historic Carson’s building into a blank canvas primed for Macy’s new format. The space was completely reimagined, and Renovo’s team stripped it down to a shell to create the open and versatile space that Macy’s needs for their unique style and exciting shopping experience. Our leasing team has filled over 100,000 SF of space at Randhurst Village this year, with most of the new retailers already open and operating. A huge thank you to Randhurst restaurants Altea Café and Grade A Café for providing delicious treats for the shoppers. Read the complete press release here: https://bit.ly/4hKqsde #CRE #RetailRealEstate #GrandOpening #NewStore

“You’ve had to come across the landlord who says, I’m going to rent this to you for free?” “Yes.” That’s what Andrew Martineau from Zero Empty Spaces and Chris Ressa discussed in episode 65 of Retail Retold. We’re feeling a real flashback Friday vibe and wanted to throw back to this episode where Andrew talks about how he and his team make some really artful deals to help commercial landlords fill vacant spaces, artists create a space to develop their work, and create a buzz for the community. Listen here or on your favorite podcast platform: https://bit.ly/48GMwB8 #CRE #RetailRealEstate #RessaOnRealEstate

Your next career opportunity in commercial real estate is RIGHT HERE! We’ve been named a Great Place to Work seven times, and we’re looking for our next great teammate. - Traveling site superintendent Renovo Construction - Site superintendent Renovo Construction - Marketing manager - Investor relations analyst - Acquisitions intern Our team has been busy in the last 12 months, growing our national portfolio of open-air shopping centers by $400MM. The time is now to join the hottest team in CRE. Learn more and apply today: https://bit.ly/3AvvVnd #CRE #CREJobs #RetailRealEstate #ApplyNow

We had mail. You asked, so Chris Ressa is answering. It's a Retail Retold mailbag. Tune in here or on your favorite podcast platform: https://bit.ly/4flIws2 #CRE #RetailRealEstate #ThoughtLeadership

Happy Halloween from the astronauts, dragons, pumpkins, princesses, ghouls, and goblins of DLC! Just a few of the not-so-scary moments of our annual in-office trick-or-treat extravaganza. BOO!!

Hello, Springfield Commons. Welcome to the portfolio. No tricks, just treats at this 119,085 SF open-air shopping center in Fairfax County, VA. The highlights: ?? Shadow-anchored by the No. 1 most-visited Home Depot in Virginia. ?? Key tenants include PureGym, Old Navy, Pure Hockey, and Staples. ?? Located in Fairfax County, one of the most sought-after locations in the United States, just 15 miles outside of Washington, DC. ?? Immediate lease-up and soon-to-be-announced deals with national retailers will have the property 98 percent leased from 78 percent currently. This is our second transaction in 2024 with Cohen & Steers. DLC deployed growth capital committed by Temerity Strategic Partners; this is our seventh acquisition with TSP. In the last 12 months, we've added over $400MM in new properties to our portfolio. We’re still playing offense. Full details here: https://bit.ly/3UtPZ06 #CRE #RetailRealEstate #Acquisition