DLC Management Corp Secures $33.65 Million Loan For Retail Properties In Reynoldsburg & Dublin

The asset involved in this transaction includes two retail properties located at 2793 Taylor Road Southwest and 5800 Britton Parkway, positioned in the Reynoldsburg and Dublin markets. The total square footage of both properties is 604,820. The financing for the properties was facilitated through a loan amount of $33,650,000, structured with a five-year fixed-rate term.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $33,650,000
• Asset Square Footage: 604,820 SF
• Loan Terms: five-year, fixed-rate
• Lender: Tristate Capital Bank & Dollar Bank
• Landlord: DLC Management Corp
• Brokers: Alex Staikos, Claudia Steeb & Scott Aiese - JLL

JLL arranged two five-year, fixed-rate loans for DLC Management Corp, one for Taylor Square, a 378,102-square-foot shopping center, and another for Tuttle Crossing, a 226,718-square-foot retail center. Both locations are strategically positioned in high-traffic areas alongside strong anchor tenants, ensuring a robust market presence.