Net lease news – page 120

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DealCentersHendon Properties Acquires 734,199 SF Shopping Center in Parma, OhioJul 31, 2026PARMA, OHIO — Hendon Properties, in a joint venture with Axiom Realty and Peaceable Street Capital, has acquired The Shoppes at Parma in the Cleveland suburb of Parma.DealMedicalMcColly Bennett Negotiates $15M Sale of Medical Office Building in Valparaiso, IndianaJul 31, 2026VALPARAISO, IND. — McColly Bennett Commercial Advantage has negotiated the $15 million sale of a 43,500-square-foot medical office building in Valparaiso. The seller, Viking Medical Center, acquired and envisioned the future of the unfinished building two years ago.Representative imageAvalonBay Communities, Equity Residential Merger Produces Vivmark ResidentialJul 31, 2026A new company brings a new name. Two months after multifamily giants AvalonBay Communities and Equity Residential merged to form one of the country’s largest real estate companies — the total enterprise value is calculated at $71 billion — the two firms announced Friday that…Representative imageDealMatthews Negotiates $4.4M Sale of Mixed-Use Portfolio in Clifton, New JerseyJul 31, 2026CLIFTON, N.J. — Nashville-based brokerage firm Matthews has negotiated the $4.4 million sale of a portfolio of three contiguous mixed-use buildings totaling 14,500 square feet in the Northern New Jersey community of Clifton. The buildings at 233, 235 and 237 Dayton Ave.Representative imageTenantsOfficeAdvocates Signs 95,182 SF Office Lease in Marlborough, MassachusettsJul 31, 2026MARLBOROUGH, MASS. — Advocates, a nonprofit organization that supports people with behavioral health disorders, disabilities and brain injuries, has signed a 95,182-square-foot office lease in the western Boston suburb of Marlborough.Representative imageDevelopmentOfficeJT Magen Completes 42,000 SF Build-to-Suit Office Project in Midtown ManhattanJul 31, 2026NEW YORK CITY — National construction firm JT Magen has completed a 42,000-square-foot office project in Midtown Manhattan that is a build-to-suit for auction house Bonhams.DevelopmentIndustrialSeefried Industrial Properties, Clarion Partners Break Ground on 265,000 SF Spec Project in Salt Lake CityJul 31, 2026SALT LAKE CITY — Seefried Industrial Properties, in partnership with Clarion Partners, has broken ground on a speculative industrial development at 4950 West 1100 South in Salt Lake City. The project is the firms’ first joint development in the Salt Lake City market.Representative imageDealUSA Properties, Strand Financial Sell 293-Unit Talavera Multifamily Community in Folsom, CaliforniaJul 31, 2026FOLSOM, CALIF. — USA Properties and Strand Financial has sold Talavera, a 293-unit apartment property in Folsom, located outside of Sacramento. New York-based Sentinel Real Estate acquired the property for an undisclosed price.DealNordic Partners Investments Acquires 107-Unit Monticello Apartments in SeattleJul 31, 2026SEATTLE — Nordic Partners Investments has acquired Monticello, a 107-unit apartment building located at 415 Boren Ave. in Seattle’s First Hill neighborhood, for an undisclosed price. Built in 1957, Monticello spans 42,342 net rentable square feet.DealIndustrialLevRose Commercial Arranges $5.2M Sale of Industrial Flex Building in Mesa, ArizonaJul 31, 2026MESA, ARIZ. — LevRose Commercial Real Estate has arranged the $5.2 million sale of an industrial flex property located at 4220 E. McDowell Road in Mesa. The 2.3-acre site houses a 20,544-square-foot industrial flex building that was built in 2006.TenantsOfficeArtificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQJul 31, 2026OpenAI has leased the Tropical Fruit Warehouse as its new European headquarters, taking 88K SF to support its growing workforce. The artificial intelligence giant, which has circa 100 employees in Dublin today, is planning to create 250 new roles over...LendingHow Commercial Real Estate is Pricing on Yesterday’s ValuationsJul 31, 2026Issues such as Federal Reserve policies, climate-related risks, and rising insurance costs have been putting pressure on accurate commercial real estate valuations.CRE Tech’s Next Evolution: From More Software to Better ConnectionsJul 31, 2026After years of investing in workplace technology, many companies aren’t buying new software. They’re trying to find ways for their existing systems to play nice with one another.IndustrialBeyond the Megawatts: How Data Centers Are Reshaping Industrial MarketsJul 31, 2026Artificial intelligence and cloud computing continue to drive demand for data centers. A new Cushman & Wakefield report said that those facilities offer more than support for cloud computing and artificial intelligence.DevelopmentOfficeThe Next Office Cycle Will Be Defined by Scarcity, Not OversupplyJul 30, 2026After years of uncertainty in the office sector, shrinking construction pipelines, improving leasing activity, and the ongoing preference for high-quality space are leading to a more selective market.LendingGoldman Sachs Group Deploys $116M for Syracuse Affordable Housing OverhaulJul 30, 2026Goldman Sachs has provided a $116 million construction loan as part of an overall $269 million financing package to facilitate the redevelopment of a long-standing Syracuse affordable housing complex, Commercial Observer can first report.TenantsLaw Firm Relocates Within GFP’s 520 Eighth Ave.Jul 30, 2026GFP Real Estate announced today that New York-based law firm Kelman Winston & Vallone PC has signed a five-year, four-month lease for 2,695 square feet at 520 Eighth Ave.DealCBRE Completes Receivership Sale of Santa Monica ApartmentsJul 30, 2026CBRE arranged the sale of 901 Ocean Ave., a 28‑unit coastal multifamily investment property located along Santa Monica’s Ocean Avenue corridor.New York People and Company News, Week of July 31, 2026Jul 30, 2026. The post New York People and Company News, Week of July 31, 2026 appeared first on Connect CRE.Chicago/Midwest People & Company News, week of July 31, 2026Jul 30, 2026JLL announced key leadership appointments within its asset management services team as a global offering under value and risk advisory, part of the firm’s capital markets services.