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Net lease news – page 107
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CRE’s ESG Retreat Masks Growing Spending On Climate RiskClimate risk data is now vital for CRE as ESG investing wanes, driving demand for predictive models to assess risks and inform decisions.
Fintech Firm More Than Doubles Footprint at 10 Astor PlaceGFP Real Estate said Thursday that Maybern, a financial technology company specializing in fund management solutions for private markets, has signed a long-term lease expansion at 10 Astor Place, more than doubling its footprint at the property from approximately 11,000 square…
Production Fabrication Firm Relocates to Rancho DominguezDAUM Commercial Real Estate Services completed a 10-year lease agreement for a 35,333 square-foot industrial property at 2945 East Maria St. in Rancho Dominguez on behalf of landlord Crown Associates Realty, Inc.
New York People and Company News, Week of August 7, 2026Granite Point Mortgage Trust Inc. has refinanced the assets in its two remaining CRE CLOs, GPMT 2021-FL3 and GPMT 2021-FL4, on its JPMorgan Chase Bank, N.A. repurchase facility, which it recently extended to July 2028, with three one-year term extension options.
Chicago/Midwest People & Company News, week of August 7, 2026St. Louis-based McCarthy Holdings, Inc., announced that Dhruv Patel has been named President and Chief Operating Officer. Patel will report directly to Chairman and Chief Executive Officer Ray Sedey.
Representative imageCalifornia People and Company News, Week of August 7, 2026The post California People and Company News, Week of August 7, 2026 appeared first on Connect CRE.
OPI Sells Vacant Philly Office Building For $42MA REIT sold its only Philadelphia office, 8800 Tinicum Blvd., for $42M. The 441K SF building is now owned by the city.
MSCI: Office Prices Show Signs of Recovery as Industrial, Apartments Lose MomentumIn the years following the pandemic, industrial and multifamily properties were the darlings of commercial real estate investors.
The NRP Group Breaks Ground on 336-Unit Multifamily in OhioThe NRP Group announced the groundbreaking of OSU East, a 336-unit housing community in Columbus, Ohio. OSU East marks The NRP Group’s first market-rate community in Columbus.
JLL Arranges Permanent Loan for Industrial in NJ’s Exit 10 SubmarketJLL Capital Markets arranged permanent financing for a fully leased industrial facility at 111 Fieldcrest Ave. in Edison, NJ, within the Exit 10 submarket. Senior managing director Michael Klein, senior director Max Custer and analyst Kevin Badger.
Lexington Homes to Build 53 Townhomes in Chicago’s North ShoreChicago-based Lexington Homes announced its second new townhome community, Northbrook Row, in Northbrook, Illinois. The new development will offer 53 townhomes and feature a combination of homes from the builder’s redesigned Mews floor plans.
Marcus Partners Grows Greater Boston Industrial PresenceMarcus Partners has acquired 6 Industrial Way in Salem, NH. The 155,000-square-foot warehouse/distribution asset was sourced off-market in the supply-constrained Southern NH market.
Faneuil Hall Owner J. Safra Group Sues Tenants, Alleging $2M In Unpaid RentJ. Safra Group sues seven tenants for $2M in unpaid rent at Faneuil Hall Marketplace.
Orders To Vacate On The Rise, Leaving Tenants With No Home, No TimelineOrders to vacate are increasing across the board, displacing tenants.
Mermaid Inn Restaurateurs Ink 2K SF at 61 West 74th Street for New EateryRestaurateurs Danny Abrams and Cindy Smith are making a splash on the Upper West Side. The couple and co-founders of New England-style seafood spot Mermaid Inn have selected 61 West 74th Street for their next venture, Commercial Observer has learned.
Development Team Behind Hotel Drover To Bring $160M Luxury Resort To Fort Worth StockyardsNew $160M luxury resort coming to the Fort Worth Stockyards, featuring hotels, restaurants and retail space.
Landlords Are Pushing Rents In Houston's Split Office MarketHouston office rental rates are on the rise as quality buildings see more than 90% occupancy, but lower-class buildings suffer.
Representative imageNordstrom Rack Takes 22K SF in Wellington, Fla.Nordstrom Rack has signed a 22,000-square-foot lease in Wellington, Fla., the Seattle-based retailer announced Thursday. Nordstrom Rack is the discount concept run by Nordstrom.
Immigration Law Firm Manifest Law Subleases 18K SF at 902 BroadwayThe immigration attorneys at Manifest Law will be making some of their own moves, Commercial Observer has learned.
Starwood’s Net Income Drops 95% Annually — and Then Its Stock DropsStarwood Property Trust’s stock tanked hours after the firm reported its second-quarter earnings, dropping 4 percent in one morning, as the firm reported major declines in net income.