News:
Brokerage
Posted: March 24, 2026
Houlihan Lawrence Commercial facilitates $4.8 million sale of Staples Plaza at 1849 South Rd.
Wappingers Falls, NY Houlihan Lawrence Commercial brokered the $4.8 million sale of Staples Plaza, a 24,365 s/f retail facility, located at 1849 South Rd.
Steven Salomone and Thomas Laperch, of Houlihan Lawrence Commercial, represented the seller, Redl Real Estate, LLC. The purchaser, Hampshire Management Co.,was referred to Houlihan Lawrence by Martin Deitch of Aries, Deitch and Endelson.
This property is situated on Rte. 9 with frontage on both Rte. 9 and Rte. 9D (W Main St.), making it a visible site along these two major business corridors. In addition, the plaza is home to Staples and Sherwin Williams, both on long-term leases, and who have each been at this plaza for over 20 years.
Hampshire Management Co., is an experienced and active investor in the Westchester CRE market.
MORE FROM Brokerage
Williams Equities leases 100,000 s/f at 470 Park Avenue South
Manhattan, NY Williams Equities leased 100,000 s/f of office and retail space at 470 Park Avenue South since acquiring the building 18 months ago.
Quick Hits
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced