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...