Blank Rome Represents DRA Advisors LLC in Brook Highland Plaza AcquisitionOctober 2016
Blank Rome successfully represented DRA Advisors LLC in the off-market acquisition of Brook Highland Plaza, in a joint venture with DLC Management Corp.
Brook Highland Plaza is a 550,000-square foot grocery-anchored power center along the 280 corridor in Birmingham, AL. The property is anchored by Sprouts, Lowe's, HomeGoods, Dick’s Sporting Goods, Petco, Michaels, Stein Mart, Ulta, and Five Below, and provides DRA with a well-positioned, strong-performing, grocery-anchored asset, coupled with a best-in-class power center tenancy and the opportunity to add immediate value to the center with the lease-up of 60,000 square feet of available space. For more information on this acquisition, please click here.