Net lease news – page 119

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Representative imageLendingIzo Capital Lends $26M on Wyoming Apartments Near Jackson HoleJul 31, 2026Sundance Properties has sealed $25.6 million of construction financing to bring a multifamily development in Alpine, Wyo., across the finish line, Commercial Observer has learned.DealCW Realty Closes Deal to Buy 55 Smith Street in Downtown Brooklyn for $58MJul 31, 2026CW Realty Group closed on a deal to acquire a parking facility in Downtown Brooklyn, Commercial Observer has learned.Representative imageDealGroceryKimco Buys Two Broward Retail Centers for $109MJul 31, 2026Kimco Realty, one of the biggest owners of grocery-anchored retail centers in the country, has acquired two more in Broward County for a combined $109 million from KPR Centers, property records show.DevelopmentOHT Breaks Ground on 360-Unit Houston Rental CommunityJul 31, 2026OHT Partners has begun construction of a 360-unit apartment complex called Park Row at 14192 Park Row Blvd. in Houston. OHT recently broke ground on another project, 5 miles to the west on Park Row Boulevard.AvalonBay, Equity Residential Will Operate as Vivmark Post-MergerJul 31, 2026AvalonBay Communities, Inc. and Equity Residential announced Vivmark Residential as the name for the combined company resulting from their merger of equals.DevelopmentDFW Airport Slated to Pay $193.6M for Hyatt HotelJul 31, 2026The DFW Airport already owns the Grand Hyatt DFW, Hyatt Place DFW and Hyatt House, which is under construction and slated to open in summer 2027. It’s now eyeing a fourth Hyatt hotel property. DFW Airport’s Public Facility Improvement Corp.Representative imageDealCentersSchuckman Realty Buys Northeast Queens Shopping Center for $56MJul 31, 2026Punia & Marx Real Estate sold the Whitestone Shopping Center in Queens for $56 million. Long Island-based Schuckman Realty purchased the Key Food-anchored property at 153-15 Cross Island Parkway, according to a deed transfer in property records filed Friday.LendingDwight Capital Provides $24M Refi on New Jersey Multifamily BuildingJul 31, 2026New Jersey developer Fadi Samaan has landed $23.5 million of U.S. Department of Housing and Urban Development (HUD)-backed debt to refinance a multifamily complex in Passaic, NJ., Commercial Observer has learned.DealOfficeProminent Austin Office Tower Trades for $208MJul 31, 2026Cousins Properties Inc. has sold the One Eleven Congress office building in downtown Austin to Canyon Creek Real Estate. Cousins sold the One Eleven Congress office building for $208 million. Eastdil Secured brokered the sale.DealCamden Property Trust Sells West Coast Portfolio, Clears $1.5B TargetJul 31, 2026Camden Property Trust sold its 11-property California portfolio for $1.63B, roughly seven months after it disclosed it was looking to leave the state.DealIndustrialLink Logistics Acquires DFW, Austin WarehousesJul 31, 2026Link Logistics purchased a two-building industrial portfolio totaling 352,396 square feet in Texas’ Dallas-Fort Worth and Austin metropolitan areas.DealCentersEDENS Picks Up 179K-SF FW Retail CenterJul 31, 2026A 179,376-square-foot retail center in Fort Worth has traded hands. JLL represented the seller, Dunhill. The buyer was EDENS. The Village at Camp Bowie sits along Camp Bowie Boulevard.GroceryKroger Taking Over Most of Shuttered Dunwoody Walmart StoreJul 31, 2026A Kroger Marketplace is taking over a former Walmart store near Perimeter Mall in Dunwoody.DealIPA Negotiates Sale of 306-Unit Apartment Community in Red Oak, TexasJul 31, 2026RED OAK, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Emerson at Red Oak, a 306-unit apartment community in Red Oak, a southern suburb of Dallas.IndustrialHanover, TIG Complete 213,425 SF Spec Industrial Project in South HoustonJul 31, 2026HOUSTON — A partnership between local developer Hanover Co. and Transwestern Investment Group (TIG) has completed Kirby 288, a 213,425-square-foot speculative industrial project in South Houston.Representative imageDealCentersJLL Brokers Sale of 113,823 SF Shopping Center in North DallasJul 31, 2026DALLAS — JLL has brokered the sale of Pavilion on Lovers Lane, a 113,823-square-foot shopping center in North Dallas.DealWaterton Acquires Franklin Apartments at DiscountJul 31, 2026Waterton paid $128.11 million for Franklin’s Wyndchase Aspen Grove development, a high price to pay for a rental community. Despite the sale price, the Nashville Business Journal reports that the seller, Berkshire Residential Investments, lost money on the deal.Representative imageTenantsMega Furniture Signs 52,677 SF Retail Lease in Corpus Christi, TexasJul 31, 2026CORPUS CHRISTI, TEXAS — Mega Furniture has signed a 52,677-square-foot retail lease in Corpus Christi. The building at 4818 S. Padre Island Drive was originally constructed in 1973 and was formerly occupied by Conn’s HomePlus.Representative imageDevelopmentOfficeSkender Begins Conversion of Chicago Office Tower into 320 Apartment UnitsJul 31, 2026CHICAGO — Skender has begun construction on the 500 N. Michigan Ave. adaptive reuse project, which will convert the 400,000-square-foot office tower into 320 apartment units on Chicago’s Magnificent Mile.Representative imageDealIndustrialCabot Properties Sells 2.5 MSF Industrial Portfolio in Chicago, Minneapolis MarketsJul 31, 2026CHICAGO AND MINNEAPOLIS — Cabot Properties has sold the North Central Portfolio, a collection of 11 industrial buildings totaling roughly 2.5 million square feet across the greater Chicago and Minneapolis markets.