ShopCore Properties

10920 Via Frontera Suite 220. San Diego, CA 92127

People:

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ShopCore Properties NYC portfolio

$229.4 million* – retail 54%, office 23%; Manhattan 100%, Bronx 0%

671th largest portfolio by dollar value

111,233 sqft – retail 66%, office 25%;

1784th largest by SF

8 properties – Manhattan 100%, Bronx 0%

1009th largest

5 residential units – Manhattan 100%, Bronx 0%

5317th largest by residential units

Company Activity past 24 months:

Buyer company: 4 for $197 million

Top Ten Associated Companies:

ASB Capital Management (4), L3 Capital (2), Centurion Realty (2)

Top Ten Associated People:

Brodie Ruland (4)

Recent activity as company:

ASB Capital Management and L3 Capital sold 72-76 Greene Street, SoHo, Manhattan for $90 million to Blackstone Group and ShopCore Properties on November 25, 2024.

ASB Capital Management and Centurion Realty sold 413-415 West Broadway, SoHo, Manhattan for $35.3 million to Blackstone Group and ShopCore Properties on November 25, 2024.

ASB Capital Management and Centurion Realty sold 40 Mercer Street, 40 Mercer Street, 40 Mercer Street, 40 Mercer Street, and 40 Mercer Street, SoHo, Manhattan for $17.2 million to Blackstone Group and ShopCore Properties on November 25, 2024.

ASB Capital Management and L3 Capital sold 61-63 Crosby Street, SoHo, Manhattan for $54.5 million to Blackstone Group and ShopCore Properties on November 25, 2024.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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