DLC Expands Portfolio with Acquisition of Brookside Center in Bridgeport, CT

Bridgeport, CT, July 12, 2023 (VSNewsNetwork.com) - DLC, a leading owner-operator of open-air shopping centers, has successfully acquired Brookside Center for $46.5 million. Located at 4531 N Main Street in Bridgeport, CT, the grocery-anchored property is strategically positioned in Fairfield County, boasting a range of well-known national tenants such as Stop and Shop, Marshalls, and Michael's. This acquisition marks DLC's eighth property in Connecticut, further solidifying their presence in the state.

Situated less than a mile from the Merritt Parkway and in close proximity to Trumbull Park Mall and Sacred Heart University, Brookside Center enjoys a prime location. DLC's CEO and Founder, Adam Ifshin, expressed enthusiasm about the acquisition, stating, "Brookside is a strong addition to our ever-growing portfolio. Open-air retail is the hottest asset class in commercial real estate, and we continue to produce strong returns for us and our partners."

For more information about DLC and their portfolio of properties, visit www.dlcmgmt.com.

Source: DLC via Newswire