Uncovering Opportunities Through a Disciplined Acquisition Process

Transforming Real Estate, Maximizing Potential

At Wasa Properties, we specialize in revitalizing commercial real estate to create high-performing assets. Focusing on shopping centers and industrial properties, our strategic approach and hands-on management drive growth and deliver exceptional value for our partners.

Who We Are

Wasa Properties is a New York City-based real estate investment and operating firm, specializing in the revitalization of income-generating, distressed, and deep value-add properties across dynamic markets in the northeast, southeast, and southwest regions. Since our inception in 2004, we have grown organically, acquiring over 2.5 million square feet of assets under management. Our strategic focus on repositioning properties through opportunistic strategies has driven our success, underpinned by a hands-on, methodical approach. 

In Business
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Of Transactions
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Sq. Ft. of Quality Assets
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About Our Company Leadership

Our leadership team has extensive experience, having managed $2 billion in investments, and we have established enduring partnerships with institutional and high-net-worth investors based on trust and a strong track record. Our diverse portfolio includes shopping and power centers, industrial facilities, and office buildings. Wasa oversees each step of an investment's life cycle—from sourcing opportunities and asset management to disposition—leveraging our skills and capital market experience to achieve optimal results.

Morty Bistritzky

Founding Principal

Shlomo Bistritzky

Founding Principal

David Dombroff

Managing Principal

Our Latest News

Wasa Properties Announces The Sale Of Arapaho Village Shopping Center

Brooklyn, NY – Wasa Properties announces the sale of Arapaho Village shopping center located in Richardson (Dallas MSA), Texas.

Wasa Properties Announces The Opening Of Panera Bread At Crossbay Shopping Center 

Brooklyn, NY – Wasa Properties announces the opening of Panera Bread at Crossbay Shoppinf Center, in Queens, NY.

Reimagine. Revitalize.
Rise with Wasa Properties.

At Wasa Properties, we bring expertise and vision to every opportunity, transforming potential into lasting value. Connect with us to explore how we can work together to achieve exceptional results.

Shlomo Bistritzky

Founding Principal