Mohawk Commons Explained

Mohawk Commons
Location:Niskayuna, New York, United States
Opening Date:2002
Developer:Myron M. Hunt, Inc., and Benderson Development Corp.
Manager:DLC Management
Owner:DLC Management
Number Of Stores:20+
Floor Area:540000square feet
Floors:1

Mohawk Commons is a lifestyle center in Niskayuna, New York. It opened in 2002 and replaced the older enclosed Mohawk Mall previously located on the property.[1]

Anchor stores

Ownership

The property, including the largely empty Mohawk Mall, was purchased from Wilmorite Properties in June 2000, by Myron M. Hunt and Benderson Development Co. from Buffalo, New York[2]

In mid-2004, Developers Diversified Realty of Cleveland purchased the center from Benderson Development Corporation. At the time, Developers Diversified Realty was in the process of purchasing over 100 shopping centers across the United States.[3] In 2016, a joint venture consisting of DLC Management Corporation and DRA Advisors LLC purchased Mohawk Commons as part of the acquisition of a shopping center portfolio of 16 properties, consisting of 4.85 million square feet.[4]

The property was sold to DLC Management Corp. in December 2016.[5]

External links

Sources

42.7745°N -73.8925°W

Notes and References

  1. News: 59 . Major Shopping Destinations . Times Union, The (Albany) . 2005-10-29 . 2009-04-24 .
  2. News: Wood . Robin . Mohawk Mall's new owners plan smaller, mixed-use center . Business Journal, The (Albany) . 2000-07-14 . 2009-04-11 .
  3. News: Mohawk Commons changes hand in big real estate deal . Business Review, The (Albany) . 2004-07-26 . 2009-04-24 .
  4. Web site: DLC Management Corp. Announces Largest Acquisition In Firms 25 Year History. Corporation. DLC Management. www.prnewswire.com. 2016-12-27.
  5. News: DLC MANAGEMENT CORP. ANNOUNCES LARGEST ACQUISITION IN FIRMS 25 YEAR HISTORY.