DLC ACQUIRES SOUTHEAST RETAIL PORTFOLIO

TARRYTOWN, N.Y. — Tarrytown-based DLC Management Corp., a national owner and operator of open-air shopping centers, has acquired a portfolio consisting of seven shopping centers throughout the Southeast. The acquisition includes Brookwood Village, located at the intersection of Peachtree and Brighton roads in Atlanta; Cobb Center, located near Cumberland Mall in Smyrna, Ga.; Greystone Village in Raleigh, N.C.; Highland Square in Jacksonville, Fla.; North Pointe in Columbia, S.C.; Peachtree Parkway Plaza in Norcross, Ga.; and Poplar Springs Plaza in Duncan, S.C.