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Retail landlord solidifies West Coast presence by buying 10 shopping centers

DLC to open Las Vegas office after spending $625 million
DLC and DRA Advisors acquired Highland Avenue Plaza in the Los Angeles suburb of Simi Valley, California, from Merlone Geier Partners. (CoStar)
DLC and DRA Advisors acquired Highland Avenue Plaza in the Los Angeles suburb of Simi Valley, California, from Merlone Geier Partners. (CoStar)
CoStar News
October 17, 2025 | 11:06 P.M.

An East Coast retail landlord is betting on West Coast big-box retail with the purchase of a 10-property portfolio and the opening of a regional office hub.

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News | Retail landlord solidifies West Coast presence by buying 10 shopping centers