Cohen & Steers announced that an affiliate of Cohen & Steers Capital Management and DLC Management, an owner and operator of open-air shopping centers in the U.S., have jointly acquired a two-property open-air shopping center complex in Fayetteville, Arkansas. The acquisition is comprised of two centers, Spring Creek Centre and Steele Crossing, and encompasses 403,000 square feet of owned retail space. The centers are 95% occupied by tenants.
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