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Net lease news – page 101
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Representative imageInvestment Firm Capital Group Takes 70K SF at Rudin’s 345 Park AvenueGlobal investment management firm Capital Group is taking space for an additional office in New York City.
Jackson Square Properties Acquires Multifamily Community in Marina del Rey, California for $170MMARINA DEL REY, CALIF. — Affiliates of Jackson Square Properties have acquired Shores, an apartment property in the coastal city of Marina del Rey, from a company doing business as Shores LLC. The sales price was $170 million.
Joint Venture Delivers 265-Bed Student Housing Development Near University of California, BerkeleyBERKELEY, CALIF. — A joint venture between Canyon Partners Real Estate, The Martin Group and Valiance Capital has delivered The Valiant, a 265-bed student housing development located near the University of California, Berkeley campus.
Newmark Provides $33.5M Agency Loan for Refinancing of Reno Multifamily PropertyRENO, NEV. — Newmark has provided a $33.5 million Fannie Mae loan for the refinancing of Ascent on Steamboat, a 204-unit community in Reno that is owned by Elan Multifamily Investments. Newmark’s Lowell Takahashi and Vince Punzi originated the five-year, fixed rate loan.
Ryman Hospitality Properties Agrees to Buy Grande Lakes Orlando Resort for Nearly $1.4BORLANDO, FLA. — Ryman Hospitality Properties Inc., a publicly traded hotel REIT based in Nashville, has entered into a definitive agreement to purchase Grande Lake Orlando Resort for approximately $1.
Agora Realty Completes Construction of 90,750 SF Grocery-Anchored Retail Center in North Las VegasLAS VEGAS — Agora Realty has completed construction of Hylo Park South, a 90,750-square-foot grocery-anchored retail center located in North Las Vegas.
Hines, Harris Land to Develop Mixed-Use Campus in Charlotte’s SouthPark DistrictCHARLOTTE, N.C. — A joint venture between Houston-based Hines and locally based Harris Land Co. plans to develop The Gallery SouthPark, a mixed-use campus located along Carnegie Boulevard in Charlotte’s SouthPark district.
Representative image29th Street Capital Acquires 161-Unit Chestnut Heights Townhomes in Olathe, KansasOLATHE, KAN. — Chicago-based real estate investment firm 29th Street Capital (29SC) has acquired Chestnut Heights Townhomes, a 161-unit townhome rental community in Olathe. The property will be managed by 29th Street Living, the company’s property management platform.
Yardi-Backed Flex Office Marketplace Launches In U.S. As Companies Plan To Up AttendanceHubble, backed by Yardi, expands in U.S. as demand rises for flexible offices.
Representative imageSimon Raises 2026 Expectations as Leasing, Development Pipeline AccelerateSimon Property Group’s second quarter offered more evidence that the nation’s largest mall owner is carrying its post-pandemic run into the second half of 2026.
Greenberg Traurig Relocating Longtime West Palm Beach Office: The South Florida Deal SheetThe 10-year lease is expected to accommodate roughly 80 attorneys and professional staff.
High Street Residential Tops Out on First Manhattan DevelopmentHigh Street Residential (HSR), the residential subsidiary of Trammell Crow Company, has topped out construction on the firm’s first Manhattan project, The Marq, a 25-story luxury residential tower in SoHo.
Vietnamese Beauty Brand Hasaki Makes U.S. Debut in CudahyCBRE has arranged a 7,000‑square‑foot retail lease for Vietnamese beauty retailer Hasaki at Cudahy Plaza in Cudahy, marking the brand’s first U.S. store. Hai T. Dang with CBRE’s San Jose office represented the tenant. The landlord is Excel Realty Partners, LP.
PE Firm OceanSound Expands Presence at SL Green’s 450 Park Ave.SL Green Realty Corp said Monday that OceanSound, LP has signed a new five-year, 32,032 square foot lease covering floors 8, 22 and 23 at 450 Park Ave.
MMCC Arranges Financing for Riverside County Self-Storage PropertyMarcus & Millichap Capital Corporation (MMCC) arranged $7,380,000 in financing for Beaumont RV and Self Storage, a 49,958-square-foot self-storage property located at 251 W. 1st St. in Beaumont.
Owner Lands $67M Loan To Renovate Apartments On Revere WaterfrontInvictus Real Estate secures a $67M loan to renovate its 194-unit Revere Beach property, enhancing amenities and units.
3650 Capital Furnishes Construction Loan for Yonkers Self-Storage3650 Capital has provided an approximately $24-million senior construction loan to finance the completion of 1060 Nepperhan Avenue, a 949-unit self-storage development located in Yonkers, NY. The project will be branded and operated by CubeSmart.
Law Firm Greenberg Traurig Takes 25K SF at Related Ross Dev in West PalmLaw firm Greenberg Traurig is relocating to another Related Ross building in Downtown West Palm Beach, Fla. The firm signed a 10-year lease to occupy about 25,000 square feet at the 15 CityPlace office development, which remains under construction, the tenant announced.
MassDevelopment Adds Bran Shim as New CFOMassDevelopment announced that Bran Shim has joined the agency as EVP and CFO.
Talonvest Closes Refi for Two-Hotel Sunnyvale CampusTalonvest Capital closed a $105,000,000 refinancing for a two-hotel campus in Sunnyvale on behalf of K1 Dev, LLC, an entity controlled by T2 Hospitality, a vertically integrated hospitality real estate investment and development company.