{"id":996070,"date":"2026-08-17T11:05:20","date_gmt":"2026-08-17T15:05:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cohen-steers-and-dlc-acquire-royal-plaza-grocery-shopping-center-in-front-royal-virginia\/"},"modified":"2026-08-17T11:05:20","modified_gmt":"2026-08-17T15:05:20","slug":"cohen-steers-and-dlc-acquire-royal-plaza-grocery-shopping-center-in-front-royal-virginia","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cohen-steers-and-dlc-acquire-royal-plaza-grocery-shopping-center-in-front-royal-virginia\/","title":{"rendered":"Cohen & Steers and DLC Acquire Royal Plaza Grocery Shopping Center in Front Royal, Virginia"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW YORK<\/span>, Aug. 17, 2026<\/span> \/PRNewswire\/ — Cohen & Steers (NYSE: CNS) announced today that the Cohen & Steers Real Estate Opportunities Fund (REOF) has acquired Royal Plaza, a grocery-anchored center in Front Royal, Va., part of the Washington D.C. metropolitan area. The acquisition was made through a joint venture with DLC, a vertically integrated owner and operator of open-air shopping centers.<\/p>\n

Royal Plaza, which is 92% occupied and anchored by the second highest-performing Martin’s grocery store in the chain, aligns with Cohen & Steers’ investment thesis of acquiring highly occupied, income-generating shopping centers anchored by necessity-based retailers in growing, supply-constrained markets. The shopping center is also shadow-anchored by Rural King, whose Front Royal location ranks as the retailer’s top-performing store nationwide.<\/p>\n

\n James S. Corl, Head of the Private Real Estate Group at Cohen & Steers, said:
<\/b>
\n “The anchor tenants at Royal Plaza generate exceptional traffic and tenant sales\u2014each store is a top performer within their chain. This presents our partnership with a great opportunity to bring in top national retailers to optimize our merchandising mix and provide compelling cross-shopping to visitors who are typically driving many miles to our center.”<\/i>\n <\/p>\n

Royal Plaza benefits from a large and diverse trade area extending beyond Front Royal. Martin’s draws grocery traffic from the surrounding 10-15 miles, while Rural King attracts customers from as far as 50 miles. The surrounding 10-mile trade area includes approximately 50,000 residents, with annual growth significantly outpacing the U.S. average.1<\/sup><\/p>\n

\n About Cohen & Steers. <\/b>Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.<\/p>\n

\n About DLC. <\/b>DLC is one of the country’s leading owners and operators of open-air shopping centers, with more than $4.3 billion and 24 million square feet in assets under management across 90+ properties. Headquartered in Elmsford, NY, DLC leverages an owner-operator model and a fully integrated platform \u2014 including construction and design through Renovo Construction and NWS Architects \u2014 to deliver superior performance and value. Guided by a people-first culture and a focus on speed, precision, and partnership, DLC continues to redefine what’s possible in open-air retail. For more information about DLC, visit dlcmgmt.com<\/a>.<\/p>\n

\n 1<\/sup>\u00a0Source: CoStar, as of 6\/11\/2026<\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/cohen–steers-and-dlc-acquire-royal-plaza-grocery-shopping-center-in-front-royal-virginia-302852893.html<\/a><\/p>\n

SOURCE Cohen & Steers, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW YORK, Aug. 17, 2026 \/PRNewswire\/ — Cohen & Steers (NYSE: CNS) announced today that the Cohen & Steers Real Estate Opportunities Fund (REOF) has acquired Royal Plaza, a grocery-anchored center in Front Royal, Va., part of the Washington D.C. metropolitan area. The acquisition was made through a joint venture with DLC, a vertically integrated owner and operator of open-air shopping centers. Royal Plaza, which is 92% occupied and anchored by the second highest-performing Martin’s grocery store in the chain, aligns with Cohen & Steers’ investment thesis of acquiring highly occupied, income-generating shopping centers anchored by necessity-based retailers in growing, supply-constrained markets. The shopping center is also shadow-anchored by Rural King, whose Front Royal location ranks as the … <\/p>\n

Continue reading “Cohen & Steers and DLC Acquire Royal Plaza Grocery Shopping Center in Front Royal, Virginia”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-996070","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCohen & Steers and DLC Acquire Royal Plaza Grocery Shopping Center in Front Royal, Virginia - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cohen-steers-and-dlc-acquire-royal-plaza-grocery-shopping-center-in-front-royal-virginia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cohen & Steers and DLC Acquire Royal Plaza Grocery Shopping Center in Front Royal, Virginia - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Aug. 17, 2026 \/PRNewswire\/ — Cohen & Steers (NYSE: CNS) announced today that the Cohen & Steers Real Estate Opportunities Fund (REOF) has acquired Royal Plaza, a grocery-anchored center in Front Royal, Va., part of the Washington D.C. metropolitan area. The acquisition was made through a joint venture with DLC, a vertically integrated owner and operator of open-air shopping centers. Royal Plaza, which is 92% occupied and anchored by the second highest-performing Martin’s grocery store in the chain, aligns with Cohen & Steers’ investment thesis of acquiring highly occupied, income-generating shopping centers anchored by necessity-based retailers in growing, supply-constrained markets. 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