Cohen & Steers and DLC Acquire West Street Shopping Center in Keene, New Hampshire
PR Newswire•10/11/2026•09:01 ET
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Key Highlights
- ➤Cohen & Steers acquired West Street Shopping Center in Keene, New Hampshire
- ➤Acquisition completed through a joint venture with DLC
- ➤Center anchored by a top-performing Hannaford grocery store
- ➤West Street includes Hobby Lobby, Maurices, UPS, Spectrum, and AAA
- ➤DLC manages more than $4.3 billion across 90+ open-air properties
Expert Statements
James S. Corl, Head of the Private Real Estate Group at Cohen & Steers
“West Street Shopping Center has several attributes that we find particularly attractive. Keene is a key regional hub, with highways leading out of the city in eight directions, resulting in a very large effective catchment area. Keene also sits close to the Massachusetts state border, where the sales tax of 6.25% provides a meaningful incentive to make the drive over into New Hampshire where the sales tax is zero. As a result of these and other local considerations, the grocer at West Street generates extraordinary sales, which drives exceptional traffic to the center. This profile is highly desirable to many national retailers who are underrepresented in Keene and have been looking for a way to participate in this market.”
Cohen & Steers and DLC Acquire West Street Shopping Center in Keene, New Hampshire PR Newswire
NEW YORK, Nov. 10, 2026 /PRNewswire/ -- Cohen & Steers (NYSE: CNS) announced today that the Cohen & Steers Real Estate Opportunities Fund (REOF) has acquired West Street Shopping Center, a grocery-anchored center in Keene, New Hampshire. The acquisition was made through a joint venture with DLC, a vertically integrated owner and operator of open-air shopping centers.
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