Published February 12, 2025Customer since 2018
How DLC Management Accelerates Lease Execution Across 114 Assets in 17 States
DLC Management Corporation is a privately-held owner, operator, and manager of shopping centers with a portfolio totaling 19.5 million square feet across 17 states.
The Challenge
210+ documents a year were straining the team.
DLC Management needed to accelerate lease execution across a massive 114-asset portfolio spanning 17 states, handling 210+ documents annually.
- 114 assets
- Across 17 states requiring consistent documentation
- 210+ documents
- 90 new leases plus 120 amendments annually
- Slow execution
- Extended timelines from LOI to lease execution
- Review burden
- Leadership spending time on document accuracy checks
The Decision
Why DLC chose LeasePilot.
“Our initial reason for using LeasePilot was to get to document execution faster. Once we started working with the software and the Customer Success team, we realized that LeasePilot offered more than just speed to execution.”
Basil D., EVP, General Counsel
The Solution
LeasePilot delivered speed, accuracy, and scale.
LeasePilot delivered not just speed but also improved accuracy and consistency across DLC's entire 17-state portfolio.
- Material time savings
- Significant reduction in LOI-to-execution timeline
- Improved accuracy
- Consistent documents across all 114 assets
- Reduced oversight
- Less leadership review time needed
- Fast rollout
- Deployed as quickly as promised despite initial skepticism
Deep Dive
The transformation in detail.
Before
With 114 assets across 17 states, managing 90 new leases and 120 amendments annually required significant legal resources.
The time from LOI to first draft and ultimately to lease execution was a major bottleneck that affected deal velocity across the portfolio. Leadership was spending valuable time reviewing documents for accuracy rather than focusing on strategic priorities.
After
The most quantifiable benefit we've seen is a material reduction in time to lease execution. But we've also seen qualitative benefits related to improved document accuracy and consistency across our 114 assets.
The rollout happened as quickly as promised, despite our initial skepticism about the timeline, and leadership spends far less time on document reviews.
Original Story · DLC Management Corporation
“The most quantifiable benefit we've seen is a material reduction in time to lease execution.”
Basil D.
EVP, General Counsel, DLC Management
The Results
What changed for DLC Management.
Faster lease execution
Material reduction in time from LOI to lease execution, directly accelerating rent commencement across the portfolio.
Portfolio-wide consistency
Improved document accuracy across 114 assets in 17 states, reducing the review burden on leadership.
A relationship that grew
What started with leases expanded into contractor and subconstruction documents. DLC chose to bring more of their document workflow onto LeasePilot.
Pleasant Surprise
An unexpected benefit.
“We were skeptical about the timeline for the rollout, it seemed overly ambitious. But your team was able to roll it out as quickly as promised.”
Since then, DLC has expanded their use of LeasePilot beyond leases to include contractor and subconstruction documents, a sign that the platform has become central to how they operate.
Basil D., EVP, General Counsel
“The time they spend reviewing the product will be well spent. The more we learned, the more we were convinced it was the right product for us.”
Basil D., EVP, General Counsel
How fast could your team get to execution?
DLC moves 210+ documents a year through LeasePilot. Let's talk about your portfolio.