Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

DLC Launches West Coast Expansion With $625 Million Portfolio Acquisition and DRA Advisors Joint Venture

ELMSFORD, NY / ACCESS Newswire / October 15, 2025 / DLC, in joint venture with a Fund managed by DRA Advisors, is set to acquire a ten-property, $600+ million portfolio of premier grocery-anchored shopping centers across California and Seattle. This acquisition will mark DLC's expansion to the West Coast, where the firm will open a new regional office to oversee the portfolio and support further growth in the Pacific and Mountain West.DLC Announces $625M Portfolio Acquisition and DRA Advisors Joint Venture

DLC Announces $625M Portfolio Acquisition and DRA Advisors Joint Venture

"This joint venture marks a landmark moment for DLC as we expand to the West Coast and continue our evolution into a truly national enterprise," said Adam Ifshin, Co-Founder and CEO of DLC. "Our longtime partners at DRA sourced the opportunity and had the vision to bring us in, recognizing that DLC's owner-operator model and best-in-class value creation platform are uniquely positioned to maximize the potential of this portfolio. While we have selectively invested in western markets before-most notably in San Diego, Seattle, and Southern California-this is the first opportunity of scale and quality to warrant establishing a permanent West Coast presence."

The joint venture will acquire the portfolio from Merlone Geier. Building on the many successful transactions DRA and DLC have executed together over the years, DLC will once again provide its value creation, leasing, property management, and construction management expertise to the partnership. This transaction also marks the 12th deal that DLC has closed since December 2023 with its co-General Partner, Temerity Strategic Partners, which has committed growth capital to help DLC expand its assets by $2 billion by 2026.

"Our culture is the engine behind this expansion," said Chris Ressa, Partner and COO at DLC. "We are excited to welcome new West Coast team members into a culture defined by collaboration, accountability, and growth. This move is just the beginning of our effort to build a truly national platform-and it's an exciting time to be part of DLC."

Recognized as a Great Place to Work® for the past eight years, DLC continues to grow not only as a leading national retail platform but also as a team-oriented organization committed to creativity, collaboration, and an owner-operator mindset. With this expansion, DLC is actively recruiting talented professionals to join its mission of creating lasting value for communities, retailers, and investors.

###

About DLC

DLC is a leading owner and operator of open-air shopping centers across the United States, with more than $3 billion and 21 million square feet in assets under management. Our portfolio of over 80 centers reflects a disciplined investment strategy and an owner-operator mindset that consistently delivers value through strategic acquisitions, innovative asset management, and transformative redevelopment. Powered by a people-first culture, DLC's team partners with retailers, investors, and communities to create thriving shopping destinations that fuel growth and opportunity.

About DRA Advisors

DRA Advisors LLC is a New York-based registered investment advisor with approximately 100 employees that specializes in real estate investment management services for institutional and private investors including pension funds, university endowments, sovereign wealth funds, foundations, and insurance companies. Since DRA's inception in 1986, the firm has opened additional offices in Miami and San Francisco and has acquired over $41 billion of real estate. Its acquisitions include 100 million square feet of industrial, 86,500 multifamily units, 89 million square feet of retail, and 65 million square feet of office. As of December 31, 2024, DRA had $11.1 billion in gross assets under management. http://draadvisors.com

Contact Information

Katrina Mullaney
Content Marketing Manager
kmullaney@dlcmgmt.com

Arlene Kim
Vice President, Marketing
akim@dlcmgmt.com

Sara Ryan
PR Manager, Kimball Hughes Public Relations
sryan@kimballpr.com
610-559-7585

.

SOURCE: DLC



View the original press release on ACCESS Newswire

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  213.04
-1.43 (-0.67%)
AAPL  252.29
+4.84 (1.96%)
AMD  233.08
-1.48 (-0.63%)
BAC  51.28
+0.84 (1.67%)
GOOG  253.79
+1.91 (0.76%)
META  716.91
+4.84 (0.68%)
MSFT  513.58
+1.97 (0.39%)
NVDA  183.16
+1.35 (0.74%)
ORCL  291.31
-21.69 (-6.93%)
TSLA  439.31
+10.56 (2.46%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.