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Net lease news – page 112
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MMCC Secures $4.8M Acquisition Loan for Minnesota Industrial PropertyALBERT LEA, MINN. — Marcus & Millichap Capital Corp. (MMCC) has secured a $4.8 million loan for the acquisition of a 127,869-square-foot industrial property located at 1851 Margaretha Ave. in southern Minnesota’s Albert Lea.
Representative imageGNAM Underway on $92M Redevelopment of Hospital Campus in Pawtucket, Rhode IslandPAWTUCKET, R.I. — New York City-based Global Asset Management Group (GNAM) is underway on the $92 million redevelopment of the 386,404-square-foot former Memorial Hospital campus in Pawtucket, located just north of Providence.
TSB Realty Arranges Sale of 627-Bed Student Housing Community Near Rutgers UniversityNEW BRUNSWICK, N.J. — TSB Realty has arranged the sale of SoCam 290, a 627-bed student housing community located near the Rutgers University campus in New Brunswick. Delivered in 2005, the community offers 233 units in studio through three-bedroom configurations.
Osmo Opens 60,000 SF Headquarters Facility in Elizabeth, New JerseyELIZABETH, N.J. — Osmo, which uses machine learning to digitize scent and promote olfactory science, has opened a 60,000-square-foot headquarters facility in the Northern New Jersey community of Elizabeth.
The Plan: Architecture Firm Corgan Redesigned Its Own Empire State Building OfficeFor 18 years, part of the New York City team at national architecture firm Corgan has called the 54th floor of the Empire State Building home. But, after nearly two decades, even an office in a building as iconic as that one needs a good sprucing up.
Alexandria's $73M Quarterly Loss Highlights Deepening Life Sciences Real Estate SlumpAlexandria Real Estate struggles in Q2 with $73.7M loss as life sciences market faces challenges.
PRP Buys Downtown Office Building From Tishman SpeyerThe investment firm paid $30M for 900 19th St. NW and is planning upgrades.
New York Investor Buys Smyrna Flex WarehouseLM Real Estate Partners acquired Smyrna's 3M industrial property for $27M, reflecting a 40% price surge.
NYC Taxi and Limousine Commission Moves Headquarters to 250 BroadwayAmTrustRE has signed the New York City Taxi and Limousine Commission (TLC) to 39,000 square feet at 250 Broadway for its new headquarters. Occupancy is expected in Q1 2027.
Co-Living Complex Near UCLA Will Become Student HousingColliers completed the $8,500,000 sale of a multifamily complex located at 1775 Beloit Av. in West Los Angeles. Vice chair Kitty Wallace represented both the buyer, UCLA Housing Group, and the seller, Enterprise Bank.
Development Site with Uncommonly Long Frontage Sells in BrooklynJLL Capital Markets closed the $23.5-million sale of 1150 Broadway, a residential development site in the Bedford-Stuyvesant neighborhood of Brooklyn.
Triple-Net AutoZone Sells to Private Investor from LAHanley Investment Group Real Estate Advisors and Progressive Real Estate Partners arranged the $2.64-million sale of a renovated, single‑tenant AutoZone in Bakersfield.
Northern NJ Industrial with Heavy Power Trades to Commerce Park InvestorsResource Realty of Northern New Jersey arranged the sale of a high-utility, standalone industrial facility located at 36 Pine St.in Rockaway, NJ.
Related Midwest Begins Leasing for Downtown Chicago Residential TowerRelated Midwest announced the start of leasing for the North Tower of 400 Lake Shore Drive, the 72-story residential tower in Chicago’s Streeterville neighborhood. Once complete in March 2027, the 857-foot high-rise will deliver 635 rental apartments.
Davis Companies Names Equity Capital Markets LeadThe Davis Companies, headquartered in Boston, announced the appointment of Douglas Doughty as managing director of equity capital markets.
Panera Signs 102K SF Lease To Move HQ To Weston: The Boston Deal SheetPanera plans to relocate its headquarters from St. Louis to Greater Boston, continuing its strategic growth.
Marcus & Millichap Finalizes Deal in Sacramento’s Greenhaven NeighborhoodMarcus & Millichap (closed the sale of 915 Johnfer Way, a 34-unit multifamily property in Sacramento. The property sold for $5.6 million or $164,705 per unit.
Calare JV Trades Repositioned Self-Storage and Warehouse in MaldenCalare Properties completed the sale of 1 Wesley Street in Malden, MA. The approximately 103,300-square-foot property includes a fully renovated self-storage facility, a fully leased industrial warehouse building and a retail kiosk.
Cushman & Wakefield Arranges Acquisition Financing for Nashville Medical Office PropertyCushman & Wakefield arranged $5.34 million in acquisition financing on behalf of Onicx Health Care Real Estate for Crossroads Medical Pavilion, a one-story, 34,680-square-foot medical office property in Tennessee, approximately 10 miles north of Nashville.
Orchard Street Targets £3B Investment Drive As Cutting Carbon Attracts CapitalOrchard Street scales up UK real estate decarbonisation, targeting £3B for sustainable investments with high returns.