Net lease news – page 12

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OfficeLA's Strongest Submarkets Offer Rare Stability Amid Splintered Office RecoverySep 25, 2026In LA's fragmented office market, the region's uneven recovery means there are valuable pockets of office real estate.TenantsDistyl AI Doubles Footprint at 135 Madison Ave.Sep 25, 2026Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, arranged a 15,038-square-foot lease expansion for Distyl AI, Inc at 135 Madison Ave. In 2025, Distyl signed a 15,038-square-foot lease for the entire 10th floor at 135 Madison.TenantsIndustrialColliers Named Sale and Leasing Advisor for Oceanfront Innovation HubSep 25, 2026Colliers has been retained as advisor for the sale and leasing of Enclave @ Carpinteria, a three-building, 121,230-square-foot advanced manufacturing and office/flex campus located at 6303-6309 Carpinteria Ave. on the Santa Barbara South Coast.Legion, SMA Equities Partner on Upper East Side ResidentialSep 25, 2026Legion Investment Group, alongside SMA Equities as co-developer, completed the recapitalization of three parcels on the Upper East Side. Demolition of the existing structures on the site is already underway. “We’re closing on 201 E.DealAutoNew-Construction Car Wash Properties Sell in Murrieta, RiversideSep 25, 2026RealSource 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.Representative imageDevelopmentConstruction Firm Brasfield & Gorrie Inks 19K-SF Lease in Broward CountySep 25, 2026Construction firm Brasfield & Gorrie is relocating in South Florida, from Coral Gables to Weston, where it signed a 19,330-square-foot lease.DealOfficeHudson Pacific Sells Nearly Vacant San Francisco Office Complex for $65MSep 25, 2026Hudson Pacific Properties, Inc. said Friday it completed the sale of 875 and 899 Howard, two downtown San Francisco properties totaling approximately 284,000 square feet, for $65.5 million before prorations and closing costs. The buyer was not disclosed.LendingOfficeAt Connect Apartments 2026, Experts See “Generational Buying Opportunities”Sep 25, 2026Against a backdrop of high interest rates, inflation and the conflict in Iran, the “tale of two markets” scenario that began in the post-pandemic office sector now encompasses multifamily, Trepp’s Lonnie Hendry told the audience at Connect Apartments 2026 in Los Angeles.LendingFirst Phase of Jersey City Multifamily Secures $310M FinancingSep 25, 2026Newmark has arranged a $310-million construction loan on behalf of Namdar Group for 555 Summit Ave., an 873-unit multifamily development in Jersey City. The property represents the first phase of a planned two-tower development totaling 1,542 units across 555 and 547 Summit Ave.DevelopmentPartnership Awarded State Funding to Redevelop Needham Seniors HousingSep 25, 2026Affordable Housing and Services Collaborative, Inc. (AHSC) and The Peabody Companies have been awarded funding from the state to redevelop the Linden Street Community in Needham.Danish Biopharma Firm to Relocate U.S. Headquarters to Boston AreaSep 25, 2026Danish biopharmaceutical firm H. Lundbeck A/S, which focuses on brain health, said Friday it will establish an innovation hub in Greater Boston and relocate its U.S. headquarters to the region from Deerfield, IL. The transition will occur over the next year.DevelopmentDevelopers File Plans for 402-Unit Housing Project Along Astoria WaterfrontSep 25, 2026A pair of Astoria developers has filed plans to build 402 housing units in the World’s Borough.TenantsOfficeDenver Office Market Shows Signs Of Life As Tenants Commit To Longer LeasesSep 25, 2026Tenants are signing big deals and touring large spaces in Denver, but the local office market is far from recovered.LendingIndustrialBlackstone Upsizes £1B Industrial Loan As Giant Platform Refinancing ContinuesSep 25, 2026Blackstone upsized the loan to refinance UK logistics assets after high investor demand.DealCentersDeer Park Town Center Trades For $125M, Suburban Retail Buying Spree Rolls OnSep 25, 2026The sale set the mark for the highest retail deal in the Chicago area in a decade, snatching the record from another center that traded earlier in September.DevelopmentIndustrialSoftBank Forms JV With Industrial Vehicle Automation CompanySep 25, 2026SoftBank and Autonomous Solutions Inc. formed a JV to scale ASI’s AI-enabled construction equipment company.Legion Investment Group, SMA Equities Pair on 300K-SF UES Resi ProjectSep 25, 2026Legion Investment Group and SMA Equities have teamed on a 300,000-square-foot residential development rising on Manhattan’s Upper East Side.DealOfficeHarbor Associates Sells Office Campus in North L.A. County for $32MSep 25, 2026Strauss Investments has acquired a smaller two-building office campus in northern Los Angeles County for $32 million.DealPrestige Companies Buys Back Dania Beach, Fla., Residential Complex at a DiscountSep 25, 2026A condominium community in Dania Beach, Fla., has traded for $27.3 million in a deed-in-lieu of foreclosure, which is nearly $10 million less than its previous sale price, buyer Prestige Companies said Thursday.DealHFO Investment Real Estate Closes $27M Sale of Luxury Apartments in FairviewSep 25, 2026HFO Investment Real Estate has completed the $27.3 million sale of Fieldstone Luxury Apartments, a 154-unit community at 20650 NE Halsey St. in Fairview, Oregon. Affordable Housing Associates of Irvine, Calif., sold the property to Benedict Canyon Equities of Los Angeles.