The fund paid the seller $167 per sf for the 21-tenant property.DBR Asset Management LLC of Fort Lauderdale, FL represented DIM,finding the seller and completing the due diligence phase of thedeal. Brian Mark, DBR's chief financial officer, doesn't think DIMoverpaid for the asset. "Based upon location, financial performanceand long-term growth, we felt the price was in line with this typeof product," Mark tells GlobeSt.com.

DBR also represented DIM in the $9.5-million June acquisition ofthe 68,738-sf Golden Park Village in Buford, GA, an Atlanta suburbin Forsyth County. DIM paid Golden Park LLC $138 per sf for theshopping center.

The Braselton deal took only 26 days to complete, from contractsigning to closing. "The property was not technically on themarket, but we were able to successfully negotiate the sale due toour prior dealings with the seller," Mark says. DBR will manage theBraselton center, along with the fund's other three Atlantaproperties.