As W.P. Carey exits office, opportunities could emerge


W.P. Carey announced plans to exit the office space, and it may just create some opportunities in Dallas-Fort Worth and across Texas. The firm plans to spin off 59 office assets to create a publicly traded office-focused real estate investment trust called Net Lease Office Properties, or NLOP. The move would involve 8.7 million square feet of office space, with 7.9 million square feet set to stem from U.S. properties.

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