Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
New call-to-action
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Atlanta & Southeast  + Carolinas  + Retail  |  July 1, 2026
Perimeter Center
Mike Boyd
By: Mike Boyd

DLC Pays $36.6M for Charlotte Retail Center

DLC Management paid $36.6 million for Perimeter Woods, a 127,000 square foot retail center across from Northlake Mall in Charlotte. Kite Realty was the seller.

The Charlotte Business Journal reports the Kite Realty Group Trust (NYSE: KRG) took ownership of Perimeter Woods in 2014 after acquiring real estate investment trust Inland Diversified.

Perimeter Woods was part of a six-property acquisition by DLC, which owns and operates open-air shopping centers. The deal added more than 1.1 million square feet across five states to its portfolio. Those assets are 95% occupied.

DLC has nearly 100 open-air centers nationwide, comprising over 24 million square feet. That includes Pavilion at King’s Grant in Concord, a 303,212-square-foot property that is anchored by TJMaxx/HomeGoods, Total Wine & More and Ulta Beauty.

Connect

Inside The Story

DLC

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
Order Reprints