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NYC Issues RFP for Redevelopment of Historic Armory

NYC Issues RFP for Redevelopment of Historic Armory

by Phil Hall | Sep 27, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The New York City Economic Development Corp. (NYCEDC) issued a Request for Proposals (RFP) for a developer to lease, redevelop, and operate the Kingsbridge Armory, a 570,000-square-foot historic site in the Bronx and one of the largest armory buildings in the world....
1st Century Bank Expands Into San Diego Market

1st Century Bank Expands Into San Diego Market

by Phil Hall | Sep 25, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

1st Century Bank, the Los Angeles-based division of the privately-owned MidFirst Bank, announced its expansion into the San Diego market. This endeavor is being led by Jason Shidler, who joins 1st Century Bank as senior vice president and senior managing director....
W.P. Carey to Exit the Office Property Space

W.P. Carey to Exit the Office Property Space

by Phil Hall | Sep 21, 2023 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

W.P. Carey Inc. (NYSE: WPC), the New York City-based net lease real estate investment trust, announced that it will begin to jettison the office assets within its portfolio. The company is exiting the office space in a two-pronged approach. The first strategy involves...
Long-Vacant Historic San Francisco Theater Being Proposed as Affordable Housing Site

Long-Vacant Historic San Francisco Theater Being Proposed as Affordable Housing Site

by Phil Hall | Sep 20, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A 100-year-old San Francisco theater which has been shuttered for nearly two decades may soon be starting a new chapter as a 76-unit affordable housing complex. According to a report in the San Francisco Chronicle, the Alexandria Theater in the city’s Richmond...
Net-Trade.com, A New MLS Dedicated to Net Leases, Goes Live

Net-Trade.com, A New MLS Dedicated to Net Leases, Goes Live

by Phil Hall | Sep 19, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Net-Trade.com, the Miami Beach-headquartered platform billed as the first multiple listing service (MLS) exclusively for net lease assets, is now live. The platform enables the exchange by net lease stakeholders – including owners, investors and brokers – of net lease...
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