Sprouts-Anchored Retail Sells to California Gold Development
Hanley Investment Group Real Estate Advisors arranged the $9.3-million sale of a Sprouts‑anchored retail property, which includes a 21,000‑square‑foot junior box lease‑up opportunity.
Net lease news
Friday, October 2, 2026
JLL IPT pays $90M for Worcester Industrial
Burlington Stores Inks 32K SF at Brooklyn Navy Yard’s Admirals Row Campus
Orion Buys Food Lion-Anchored Shopping Center in Boone, North Carolina for $26.1M
BOONE, N.C. — Miami-based Orion Real Estate Group has acquired Watauga Village, an 88,800-square-foot neighborhood shopping center located in Boone, a city in western North Carolina and home of Appalachian State University.
Dhanani Private Equity Group Welcomes New Tenants to San Antonio Shopping Center
SAN ANTONIO — Dhanani Private Equity Group, a Houston-based owner-operator, has welcomed several new tenants to the 635,000-square-foot Park North Shopping Center in San Antonio.
Atlantic Capital Partners Negotiates $10.2M Sale of Shopping Center in Springfield, Massachusetts
SPRINGFIELD, MASS. — Regional brokerage firm Atlantic Capital Partners (ACP) has negotiated a $10.2 million sale of Boston Commons Plaza, a 103,494-square-foot shopping center in the Western Massachusetts city of Springfield.
SRS Real Estate Brokers $27.5M Sale of Value-Add Retail Property in Santa Clarita, California
SANTA CLARITA, CALIF. — SRS Real Estate Partners has arranged the sale of a value-add retail property located at 23126-23170 Valencia Blvd. in Santa Clarita. A Los Angeles-based investor sold the asset to Glendale, Calif.-based Avant Real Estate for $27.5 million. Situated on 12.
Deals
More deals
New-Construction Car Wash Properties Sell in Murrieta, Riverside
RealSource Group, a national commercial real estate brokerage company specializing in investment sales, sale‑leasebacks and tenant representation, has arranged the sale of two new-construction, single-tenant Quick Quack Car Wash properties in Murrieta and Riverside.
Marcus & Millichap Brokers $16.2M Sale of Bronx Retail Building
NEW YORK CITY — Marcus & Millichap has brokered the $16.2 million sale of a 28,819-square-foot retail building in The Bronx. The building at 2244 Westchester Ave.
Brand Street, AEW Buy 410,000 SF Deer Park Town Center in Metro Chicago for $125M
DEER PARK, ILL. — Brand Street Properties and AEW Capital Management have acquired Deer Park Town Center, a 410,000-square-foot, open-air shopping center in Deer Park, about 35 miles northwest of downtown Chicago.
Las Vegas-Based Investor Pays $95M For Massive Suburban Chicago Retail Center
Rhino Investments Group acquired the 932K SF shopping center in Mount Prospect from DLC Management.
Tenants & leasing
More tenants & leasing
NRG Adventure Park to Open 59,000 SF Entertainment Venue in Paramus, New Jersey
PARAMUS, N.J. — NRG Adventure Park will open a 59,000-square-foot entertainment venue in the Northern New Jersey community of Paramus.
Broadstone Inks Hobby Lobby, Academy Sports as Manor Tenants
Broadstone Net Lease (BNL) secured land in Manor and started construction on build-to-suit developments for Hobby Lobby and Academy Sports, both of which were directly sourced, off-market transactions, and are expected to deliver in the second quarter of 2027.
Poole Properties Divests of Multi-Tenant Retail Property in Corona del Mar, California for $13.7M
CORONA DEL MAR, CALIF. — Poole Properties (formerly John Poole Radio Properties) has divested of a retail property at located at 2515 E. Coast Highway in Corona del Mar, part of the Newport Beach metro area.
Spirit Halloween Inks Seasonal Lease for 10K SF in Medford
The Hamilton Company has leased approximately 10,000 square feet to Sprit Halloween at 55 Riverside Ave. in Medford, MA, which formerly housed a CVS.
Rates & lending
More rates & lending
Largo Capital Places $24M Permanent Loan for Buffalo Industrial Property
BUFFALO, N.Y. — Locally based financial intermediary Largo Capital has placed a $24 million permanent loan for a 300,000-square-foot industrial property in Buffalo.
Wells Fargo Supplies $456M Refi for Family Dollar’s Distribution Center Portfolio
The owners of Family Dollar have secured $455.7 million to refinance existing loans on its 7.1 million-square-foot portfolio of leased distribution centers, Commercial Observer has learned.
Fall 2026: The Great Yield Divergence — Why NNN Buyers Have the Upper Hand
Updated Sept 30: the Fed raised rates to 3.75–4.00% on Sept 16 and the 10-year Treasury has climbed to 5.26%. NNN cap rates averaged 6.82% in Q2 (Boulder Group). What higher-for-longer means for the buying window, based on Q2/Q3 2026 deals.
Associated Bank Provides $9M Loan for 12-Acre Retail Development in Columbus, Ohio
DELAWARE, OHIO — Associated Bank has provided a $9 million loan to GTZ Properties for the development of Trailhead Crossing, a 12-acre retail property located at 1335-1131 U.S. Route 36 in Delaware, a northern suburb of Columbus.
1031 & tax
More 1031 & tax
SRS Closes 1031 Deal for New-Construction Chick-fil-A
SRS Real Estate Partners completed the $4.72-million ground lease sale of a Chick-fil-A property located at 560 W. Shaw Ave. in Clovis. Situated on 2.19 acres, the 4,847-square-foot property was developed in 2026 and has a 15-year, absolute triple net ground lease in place.
1031 Deadline Means Fast Closing on Lynwood Retail Center
Hanley Investment Group Real Estate Advisors represented the buyer in the acquisition of a Walgreens‑anchored, 39,146‑square‑foot center located at 10901–10927 Atlantic Ave. and 4351 E. Imperial Hwy.
Fully Leased Temecula Retail Sells in 1031 Exchange
Progressive Real Estate Partners SVP Greg Bedell represented a private Los Angeles-based investor in the acquisition of an 8,781-square-foot multi-tenant retail building located at 32435 Temecula Pkwy. within Vail Ranch Plaza for $6,555,555.
ARCTRUST Acquires Seven Triple-Net Properties for DST Offering
ARCTRUST Private Capital acquired a seven-property, single-tenant net lease portfolio comprised of two Pinnacle Bank locations, three CVS Pharmacy locations and two NAPA Auto Parts locations across six states.
Development
More development
New-Construction Vista Strip Center Goes to Institutional Buyer
JLL Capital Markets completed the sale of Sunroad Plaza, a 23,540-square-foot retail center at 485 Hacienda Dr. in Vista. The price was not disclosed.
Whole Foods-Anchored Retail Nears Construction: The Houston Deal Sheet
This week in commercial real estate news, Dunham Pointe retail with Whole Foods breaks ground soon, 180K SF of new leasing at a Spring office building and more.
GBT Realty to Develop 300,000 SF Retail Center in Gallatin, Tennessee
GALLATIN, TENN. — GBT Realty Corp. plans to develop The Crossroads of Gallatin, a nearly 300,000-square-foot shopping center located in Gallatin, a middle Tennessee city approximately 30 miles northeast of Nashville.
Cord Meyer Breaks Ground on Rentals at Bay Terrace Shopping Center
Cord Meyer Development broke ground on its new residential community at the Bay Terrace Shopping Center, which the company developed more than 60 years ago.
Market Read
Asking cap rates held. The cushion over Treasuries didn't.
- 10-year since the Jun 30 survey
- +82 bps
- 4.44% → 5.26%, FRED DGS10
- overall spread on Jun 30
- 238 bps
- 6.82% median asking minus 4.44%, Boulder Q2 2026 / FRED
- retail spread now
- 134 bps
- 6.60% median asking minus 5.26%
Underwriting takeawayPrice off today's 10-year, not June's survey: at flat asks, the premium over Treasuries is 82 bps thinner.
Boulder Group Net Lease Research Q2 2026; FRED DGS10, daily close.
10-year Treasury
5.24%▲ 114 bps
Oct 1, 2026 · FRED DGS10 · End-of-day, not a live quote
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
The Boulder Group Net Lease Research Report, Q2 2026 · Jun 30, 2026. Gold ticks mark the prior quarter when that change is stored.
NNN Numbers
Rates and sourcesWeekly market figures. Each number keeps the date and source it was saved with.
| Property type | Relative level | Cap rate | Change |
|---|---|---|---|
| NNN median ask (Boulder, Q2 2026) | 6.82% | +2 bps | |
| Retail cap | 6.60% | +5 bps | |
| Industrial cap | 7.25% | +10 bps |
The Boulder Group Net Lease Research Report, Q2 2026 (published Jun 30, 2026). Quarterly.
10Y Treasury
5.24%
-5 bps vs Sep 30, 2026
2Y Treasury
4.88%
-1 bps vs Sep 29, 2026
Fed funds
3.88%
0 bps vs Sep 29, 2026
30Y mortgage
7.28%
+25 bps vs Sep 24, 2026
Baa spread
272 bps
+3 bps vs Aug 1, 2026
Spread vs 10Y
158 bps
Deal Sheet
All sourced deals$87M
Connect CRE$12.8M
Connect CRE$90M
Connect CRE$6.1M
Connect CRE$65.5M
Connect CRE$57M
Connect CRE
News by sector
Sector pagesCalculators
All 23 calculators →Cap RateDetermine capitalization rate from NOI and property value.NOICalculate net operating income from revenue and operating expenses.Cash-on-CashCalculate the annual return on cash invested in a property.DSCRDetermine the debt service coverage ratio for loan qualification.IRREstimate the internal rate of return over the hold period.Loan PaymentCalculate monthly mortgage payments including principal and interest.Loan-to-ValueCalculate LTV to see leverage and loan eligibility.Rent EscalationProject future rent payments with annual escalation rates.
Partner toolScreen a full deal with ScoreOMPull the numbers out of an offering memorandum.CRE Learning Center
View all →
NNN InvestingNNN Investment Strategy for Individual Investors
You don't need institutional capital to build a profitable NNN portfolio. This guide covers entry strategies, portfolio construction, financing, and scaling for investors deploying $200K to $5M.
15 min read
NNN InvestingSale-Leaseback Transactions Explained: How NNN Investors Benefit
Sale-leasebacks let businesses unlock real estate equity while investors acquire properties with built-in tenants. Here's how the structure works, who uses it, and what investors should watch for.
13 min read
NNN InvestingHow to Find and Buy NNN Properties: A Step-by-Step Guide
Finding quality NNN deals means knowing where to look, how to underwrite them, and when to walk away. This guide covers the full acquisition process from sourcing to closing.
14 min read
NNN InvestingWhat Is a Triple Net Lease? The Complete NNN Guide for Investors
A triple net lease shifts property taxes, insurance, and maintenance costs to the tenant. This guide covers how NNN leases work, why investors favor them, the different lease structures, typical tenants, and how to evaluate NNN deals.
12 min read
Market TrendsWill Corporations Build Their Own Edge Data Centers for AI?
Analysis of whether enterprises will self-build edge AI data centers or rent from providers. Covers deployment models, cost ranges ($9.3M-$15M/MW), adoption scenarios through 2030, and implications for powered-land investors.
25 min read
Property TypesStrategies for Adding Value in TripleNet Lease Properties
Investing in triple-net (NNN) properties offers stable, passive income, but real value comes from strategic improvements.
4 min read