Mohawk Commons (Niskayuna, New York)

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Mohawk Commons
LocationNiskayuna, New York
Opening date2002
DeveloperMyron M. Hunt, Inc., and Benderson Development Corp.
ManagementDLC Management
OwnerDLC Management
No. of stores and services20+
Total retail floor area540,000 sq ft (50,000 m2)
No. of floors1

Mohawk Commons is a lifestyle center in Niskayuna, New York. It opened in 2002 and replaced the older enclosed Mohawk Mall previously located on the property.[1]

Anchor stores[edit]

Ownership[edit]

The property, including the largely empty Mohawk Mall, was purchased from Wilmorite Properties in June 2000, by Myron M. Hunt and Benderson Development Co. from Buffalo, New York[2]

In mid-2004, Developers Diversified Realty of Cleveland purchased the center from Benderson Development Corporation. At the time, Developers Diversified Realty was in the process of purchasing over 100 shopping centers across the United States.[3] In 2016, a joint venture consisting of DLC Management Corporation and DRA Advisors LLC purchased Mohawk Commons as part of the acquisition of a shopping center portfolio of 16 properties, consisting of 4.85 million square feet.[4]

The property was sold to DLC Management Corp. in December 2016.[5]

External links[edit]

Sources[edit]

  1. ^ "Major Shopping Destinations". Times Union, The (Albany). 2005-10-29. p. 59. Retrieved 2009-04-24.
  2. ^ Wood, Robin (2000-07-14). "Mohawk Mall's new owners plan smaller, mixed-use center". Business Journal, The (Albany). Retrieved 2009-04-11.
  3. ^ "Mohawk Commons changes hand in big real estate deal". Business Review, The (Albany). 2004-07-26. Retrieved 2009-04-24.
  4. ^ Corporation, DLC Management. "DLC Management Corp. Announces Largest Acquisition In Firms 25 Year History". www.prnewswire.com. Retrieved 2016-12-27.
  5. ^ "DLC MANAGEMENT CORP. ANNOUNCES LARGEST ACQUISITION IN FIRMS 25 YEAR HISTORY" (PDF).

Coordinates: 42°46′28″N 73°53′33″W / 42.77450°N 73.89247°W / 42.77450; -73.89247