Akers Center is a 415,737 sf shopping center with tenants suchas Target, Hobby Lobby, and Toys 'R' Us. The facility currently hasnine vacant stores, in which a leasing team is looking to fillsoon. The spots range in size from 1,500 sf to 12,000 sf. Thecenter was renovated in 2006.
Late last week, as reported by GlobeSt.com,DLC Management acquired nine shopping centers in four Southernstates. The acquisition totaled more than 1 million sf.
While DLC Management does not release the amount of money spenton each acquisition, in a statement regarding the most recentpurchase the company is said to have invested over $300 million forthe 18 centers acquired in 2006.
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