Company DLC Realty Trust Inc

DLC Realty Trust, Inc. is a vertically integrated, self-administered and self-managed real estate investment trust (REIT) that acquires, manages, leases, repositions and redevelops grocery-anchored and value-focused open air shopping centers primarily in the Southeast, Northeast, Midwest and Mid-Atlantic United States. As of December 31, 2009, its portfolio consisted of 86 shopping centers totaling approximately 13.4 million square feet of gross leasable area (GLA) located in 24 states. The shopping centers in its portfolio are tenanted by retailers that focus on value and necessity items and services, with approximately 65% of its annualized base rent derived from grocery-anchored shopping centers. Its portfolio was approximately 88.1% leased as of December 31, 2009, with approximately 1.6 million square feet of GLA vacant and available. The Company conducts all of its business activities through its operating partnership.