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On the radio program, the mayor pointed to the city's public housing and affordable housing programs and took a swipe at the City of San Francisco, who he said enacted zoning policies that has transformed it to a city for the wealthy.
It is on track to acquire another local apartment by year end in the Baltimore-Washington Corridor just north of BWI Airport and the NSA headquarters at Fort Meade.
The 23 Class A properties are located in the Atlanta, Austin, Charlotte, Dallas, Denver, Houston, Las Vegas, Nashville, Orlando, Phoenix, Raleigh, San Antonio and Tampa markets.
“Consistent with the opportunities we see in the marketplace, we intend to complete our strategic shift by monetizing our remaining, high-quality office assets and focusing our efforts and capital solely on our industrial platform,” Liberty's Bill Hankowsky says.
Bridge plans to develop a fifth 216,300-square-foot building on a speculative basis, and signed two new industrial leases totalling more than 132,000 square feet within the existing properties.