Cohen & Steers And DLC Acquire Open-Air Shopping Center In Fairfax County, VA; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Cohen & Steers, in partnership with DLC, has acquired Springfield Commons, an open-air shopping center in Fairfax County, VA. The center is strategically located near Springfield Town Center and is expected to see increased occupancy soon.
October 30, 2024 | 8:49 pm
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Cohen & Steers, through its Private Real Estate Group, has acquired Springfield Commons in partnership with DLC. This acquisition enhances their real estate portfolio, with the property expected to reach 98% occupancy soon.
The acquisition of Springfield Commons by Cohen & Steers is a strategic move to enhance their real estate portfolio. The property's location and expected high occupancy rate are positive indicators for future revenue, likely boosting investor confidence in CNS.
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