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Tuesday, November 10, 2026Commercial real estate news

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RATE WATCHDaily benchmarks 10-year Treasury4.98%+10 bpAs of Nov 10 5-year Treasury4.81%+14 bpAs of Nov 10 SOFR3.88%-1 bpAs of Nov 9 Effective Fed funds3.88%UnchangedAs of Nov 9

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Retail acquisition / NEWS

DLC joint venture acquires Keene shopping center

The acquisition adds 206,319 square feet to DLC’s holdings in Keene, New Hampshire. The purchase price and closing date were not disclosed.

Adrian ColeInvestment SalesNovember 10, 2026 · 2 min read

Aerial photograph of West Street Shopping Center in Keene, New Hampshire, on August 2, 2025. — Aerial photograph of West Street Shopping Center in Keene, New Hampshire, on August 2, 2025. Photo: USDA National Agriculture Imagery Program · Public domain (USDA NAIP). Cropped to the area shown from the original natural-color USDA aerial survey.

Acquisition terms and local holdings

DLC said Nov. 10 that it had acquired West Street Shopping Center in Keene, New Hampshire, through a joint venture with Cohen & Steers. The company described the purchase as an off-market deal but did not disclose the seller, price or closing date. Its announcement is the source of the transaction and property details reported here. DLC Adds West Street Shopping Center Through Off-Market Deal

The grocery-anchored center totals 206,319 square feet. DLC said the acquisition brought its Keene portfolio to more than 500,000 square feet, and that it drew on more than 20 years of owning and operating shopping centers in the city to source the deal. The release also said the acquisition builds on DLC’s ongoing joint venture with Temerity Strategic Partners, without specifying Temerity’s role in the West Street purchase. DLC Adds West Street Shopping Center Through Off-Market Deal

Occupancy and plans

DLC reported that West Street was 80 percent occupied and had approximately 40,000 square feet of previously used retail space available. The company plans to pursue leasing and manage tenant placement at the center. Hannaford and Hobby Lobby are its anchors; Hannaford has operated there since 1984, according to DLC. DLC Adds West Street Shopping Center Through Off-Market Deal

The property is along West Street in southwestern New Hampshire. DLC said its trade area extends into a region near the Vermont and Massachusetts borders. The company identified Keene as a regional retail hub and said it targets such markets as well as college towns. DLC Adds West Street Shopping Center Through Off-Market Deal

shopping center grocery-anchored off-market joint venture