American Realty Advisors Acquires Retail Center in Dutchess County, NY

Shoppes at South Hills, Poughkeepsie, NY

POUGHKEEPSIE, NY – American Realty Advisors, an institutional real estate investment manager with approximately $6.7 billion in assets under management, has acquired the Shoppes at South Hills, a grocery-anchored retail power center in Poughkeepsie, New York.

This asset was acquired in a joint venture with DLC Management Corporation, a privately-held, vertically-integrated owner, operator, and manager of shopping centers throughout the United States.

Stanley lezman

According to Stanley lezman, Chairman and CEO of American Realty Advisors, this asset is among one of 153 assets American Realty Advisors currently owns and operates throughout the U.S. on behalf of its investors.

“American Realty Advisors continues to acquire well-located industrial, office, retail, and multifamily real estate assets in target markets,” says Iezman. 

“We utilize our strength in asset management to identify, source and acquire properties that provide for the opportunity to create value, maximizing yields on behalf of our investors.”

For a complete copy of the company’s news release, please contact:

Lexi Astfalk / Jenn Quader

Brower, Miller & Cole

(949) 955-7940