Paran Management Company Ltd., the property management company for Dillonvale Shopping Center, is working to ensure the long-term success of the shopping center. The center is one of the strongest performers in the Paran-managed portfolio, and the company wants to ensure it has every opportunity to grow stronger. Paran has managed the property since 1982. The company recently commissioned a market feasibility study to determine if the surrounding market would support new development; And, if so, what kinds. While it will be many months before a plan is publicly announced, the company is actively exploring ideas.
As one part of the company’s commitment to strengthening the center and ultimately the neighborhood it serves, Paran is launching a web site – www.dillonvaleshoppingcenter.com – where shoppers can access information about retail and service businesses, find news and links to websites of individual businesses, see what special events are scheduled and also sign up to receive special offers and discounts. The creation of the site is only one small step toward the goals of greater market awareness and driving more business through the doors.
If new development is warranted and once the planning process is underway, Paran’s communications team will share information about the development on the site. While plans would likely not be formulated until late in 2020, the company will be soliciting tenant and neighbor input through social media and public meetings. The company wants to do everything it can to keep and attract new tenants. “Paran is deeply committed to the Deer Park community and we truly cherish the neighborhood. We want to ensure that the choices we make for the property in 2020 will help it stay useful, relevant to consumers and vibrant into the future,” says Joseph Shafran, Chairman & CEO of Paran. Visit www.dillonvaleshoppingcenter.com and follow for news and updates. Now through March 18, 2020, when you sign up to receive emails from Dillonvale Shopping Center, you’ll be entered to win a $250 gift card for use at the shopping center.
