DLC and Acadia Realty Trust Sell Tri‑City Plaza to East Coast Acquisitions for $62.5M

Deal Summary

DLC and Acadia Realty Trust have completed the sale of the 295,817‑sq‑ft, ShopRite‑anchored Tri‑City Plaza in Vernon, Connecticut, to East Coast Acquisitions for $62.5 million. The transaction was brokered by CBRE’s National Retail Partners, marking a strategic divestiture of a high‑traffic grocery‑anchored retail asset.