Properties-Acquisitions-072116-2

Acquisitions

The Transactions team at DDR is focused on investing the Company’s capital in retail real estate investments that will provide the appropriate risk-adjusted return to DDR’s shareholders. The department’s functions include the sourcing, financial analysis, due diligence and transaction closing on acquisition opportunities to ensure that they meet the Company’s investment criteria. Additionally, the department is responsible for the sale of properties within the portfolio and instrumental in effectuating transactions with various institutional joint venture partners. DDR is interested in acquiring high-quality power centers and community centers in major metropolitan markets. In addition, the Company will purchase debt, fund mezzanine loans, and structure equity funding on existing and to-be-built high quality power centers.

Recently Acquired

3030 N BROADWAY
CHICAGO, IL

Acquired in 1Q17, 3030 North Broadway is a 131,748-square-foot shopping center that serves Chicago's affluent North Side neighborhoods of Lakeview and Lincoln Park. 3030 North Broadway is located in a dense, infill location with high barriers to entry, and is anchored by Mariano's and XSport Fitness.


MILLENIA CROSSING
ORLANDO, FL

Acquired in 4Q15, Millenia Crossing is a 100,385-square-foot shopping center that benefits from cross shopping by tourists and residents due to its location in one of Orlando’s strongest retail concentrations near The Mall at Millenia. Millenia Crossing is anchored by Nordstrom Rack, Ulta Beauty and Party City.


THE HUB
LONG ISLAND, NY

Acquired in 4Q15, The Hub is a 248,749-square-foot power center located in densely populated Central Nassau County on Long Island. The Hub is anchored by Home Depot and Stop & Shop, and offers convenient regional access due to its close proximity to the Southern State Parkway and other major area thoroughfares.


SOUTHMONT PLAZA
EASTON, PA

Acquired in 4Q15, Southmont Plaza is a 385,535-square-foot power center located in the Lehigh Valley, one of the fastest-growing regions in the state. Southmont Plaza benefits from its location along the region’s primary north-south highway, and is anchored by Lowe’s, Dick’s Sporting Goods, Best Buy and Bed Bath & Beyond.