Keene shopping plaza changes hands again

Tuesday, November 10, 2026 at 5:30 PM

DLC announced Tuesday that it has acquired the property in partnership with investment company Cohen & Steers.

The West Street Shopping Center in Keene has been sold again, with real estate firm DLC announcing Tuesday that it has acquired the property in partnership with investment company Cohen & Steers. City property records show the deal went through West Street Improvements LLC for $24.5 million.

The center, located at 377-481 West St., is home to Hannaford along with several other tenants, including Hobby Lobby, a UPS store and two restaurants. The purchase marks the second ownership change for the property this year, after Syfeld Keene Associates LLC bought it in July.

DLC, which is based in Elmsford, N.Y., also owns Riverside Plaza on Winchester Street in Keene. In its release, the company said it focuses on investments in college towns and sees room for growth in the West Street property.

Adam Ifshin, founder and CEO of DLC, said in a prepared statement that the company believes its experience in the market gives it an edge and that the shopping center offers an opportunity for long-term value.

More from Local

Four months after paying $2.7M for NGM building, owners quietly seek $7.5M

KEENE — The former National Grange Mutual headquarters at 55 West St., bought in July by two developers who talked of housing, jobs and keeping the building from sitting empty, is being quietly offered to outside buyers for $7.5 million. That is nearly three times the $2.7 million they paid less than four months ago.
Keene fire staffing proposal advances to City Council

Before the money can be accepted, the city must agree to pay its share of the expenses tied to the new jobs.
Greyhound to begin direct Keene-Peterborough-Boston bus link in mid-November

The new schedule will operate twice daily.
Casual bistro opens in Keene's Central Square

Slate & Sage took over the space once occupied by Nicola’s, which closed in September.
Next Gen Brattleboro secures $1 million match as leaders set sights on 802 new households by 2032

The announcement came during a townwide gathering at the Latchis Theatre on Oct. 28, where local and state leaders outlined the ambitions behind the project.