"There are incremental value-added opportunities in virtuallyall of the centers, in the form of lease-up of vacant space,outparcel development, the potential expansion of the several ofthe anchored tenants and, in certain centers, there are somebelow-market leases that we expect to roll to market rents whenthose leases are over," Adam Ifshin, DLC's president, tellsGlobeSt.com. "It's a nice upside story across the board."

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The Southeast portfolio includes: Brookwood Village in Atlanta;Cobb Center in Smyrna, GA; Greystone Village in Raleigh, NC;Highland Square in Jacksonville, FL; North Pointe in Columbia, SC;Peachtree Parkway Plaza in Norcross, GA; and Poplar Springs Plazain Duncan, SC. Including this portfolio, DLC has acquired eighteenshopping centers in the Southeast over the past 11 months. In aprepared statement, DLC says that it anticipates future growth inthe region before the end of the year. The company notes that it iscurrently scheduling appointments for the ICSC New York Deal Makingshow to discuss attractive retail opportunities and its aggressiveacquisition plan.

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Brookwood Village consists of 28,774 sf and is located at theintersection of Peachtree Road and Brighton Road. Anchored by CVS,Brookwood is situated across the street from Piedmont Hospital andwithin walking distance to Atlantic Station, which includesDillards, Gap, Old Navy, Banana Republic, American Eagle, AnnTaylor, IKEA & Regal Cinemas.

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Cobb Center is 69,546 sf and is anchored by Publix. Thecommunity shopping center is positioned near the Cumberland Mall.According to a release, the Cobb market is one of Atlanta'sstrongest retail hubs, with additional area retailers that includeTarget, Borders, AMC Theaters, Best Buy and Wal-Mart.

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Greystone Village consists of 85,665 sf and is anchored by FoodLion. The three-mile radius boasts a buying power of more than $1.5billion, the release notes. Additional area retailers includeBarnes & Noble, Home Depot, TJ Maxx and Bed Bath &Beyond.

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Highland Square consists of 262,195 sf and is co-anchored bystrong national tenants including Publix, Office Depot, Big Lots,Dollar Tree, Bealls and CVS. The open-air shopping center issituated in the midst of an abundance of new residentialdevelopments. It is located three-miles from the JacksonvilleInternational Airport and directly off I-95.

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North Pointe consists of 64,255 sf is 100% leased and tenantedby national and regional tenants including Publix, UPS, State FarmInsurance, Edward Jones and Bell South. Other area tenants at thecommunity shopping center on Two Notch Rd. include Bed Bath &Beyond, Big Lots, CVS, Office Depot, Pier One, Tuesday Morning andHome Depot.

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Peachtree Parkway Plaza consists of 95,509 sf and is home tonational and regional tenants including Goodwill, Dollar General,Weight Watchers and Curves. Located on Peachtree Parkway, a majorcommuter thoroughfare, the center benefits from a traffic count ofover 50,000 VPD and has the convenience of five points ofingress/egress.

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Poplar Springs Plaza consists of 64,038 sf and is anchored byPublix. The community shopping center also houses McDonalds,Wachovia, Subway, BP Fuel Center, and UPS. The plaza is located atthe intersection of East Main and Reidville Road.

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DLC has been active recently in the Southeast as well as otherparts of the US. As GlobeSt.com recently reported, it acquired the336,663-sf StoneMountain Square shopping center in Georgia for just under $34million in August. DLC also acquired two adjacent retail centerstotaling 166,600 sf inHighland, IN this past July. In June, the company closed on a$62.9million 395,000-sf New England Portfolio, as GlobeSt.comalso reported.

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.