Net lease news – page 121

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California People and Company News, Week of July 31, 2026Jul 30, 2026The post California People and Company News, Week of July 31, 2026 appeared first on Connect CRE.DevelopmentBurman Real Estate Breaks Ground on $130M Mineola Condo ProjectJul 30, 2026Burman Real Estate, AJM Real Estate, Caiola Real Estate Group and Park It Management broke ground on The Bridge, a $130- million, nine-story condominium development that will bring 101 for-sale, luxury residences and a 10,000-square-foot event venue to downtown Mineola, NY.DevelopmentAbby Goldenfarb Joins WinnDevelopment as SVPJul 30, 2026Boston-based WinnCompanies, a national owner, developer and manager of apartment communities, has hired Abby Goldenfarb as an SVP for WinnDevelopment.Goldenfarb previously spent more than two decades with Trinity Financial in Boston, where she has led complex new construction…DealMarcus & Millichap Arranges Sale of Multifamily Portfolio in IllinoisJul 30, 2026Marcus & Millichap announced the sale of a 134-unit multifamily portfolio in Berwyn and Maywood, Illinois.LendingIndustrialSilicon Valley Light Industrial Refinanced for $10MJul 30, 2026Gantry secured a $9.65-million permanent loan to refinance maturing debt from the acquisition of a two-building, infill light industrial property located at 2290 De La Cruz Blvd in Santa Clara.OfficeNYC Taxi and Limousine Commission Takes 39K SF at AmTrustRE’s 250 BroadwayJul 30, 2026This TLC wasn’t exactly chasing waterfalls, just a new office. The New York City Taxi and Limousine Commission is relocating to AmTrustRE’s 250 Broadway across the street from City Hall Park in Manhattan’s Financial District, the property owner announced Thursday.Boston Property Owners Raise Alarms About Cost Of Electric-Building PushJul 30, 2026As Boston building owners look to electrify their properties to comply with the state and city’s 2050 net-zero mandates, electrification is becoming a bigger roadblock than some anticipated. Massachusetts has some of the most ambitious sustainability...DealDelshah Capital Acquires Five Upper West Side Apartment Buildings for $37MJul 30, 2026Michael Shah’s Delshah Capital is back at it again with another multi-address, multifamily acquisition.Representative imageTenantsKKR Posts Record Earnings as Fundraising Hits $133BJul 30, 2026Even as the private equity industry grapples with elevated interest rates and a growing backlog of unsold portfolio companies amid mounting concerns over artificial intelligence’s impact on the software sector, KKR reported record earnings during the second quarter of 2026.Equinix Ramps Up Spending Plans Amid Faster-Than-Expected AI ShiftJul 30, 2026Equinix is dramatically increasing both its revenue outlook and its planned development spending, signaling confidence from the world’s largest data center firm that it is uniquely positioned to capitalize on the AI infrastructure boom.DevelopmentIndustrialPhilly's Big-Box Warehouse Owners Subdivide Spaces After Developing 'The Wrong-Size Buildings'Jul 30, 2026The post-pandemic industrial boom brought a wave of speculative big-box construction to Philadelphia proper, a market with little precedent for that type of product. Owners are now breaking up those buildings to accommodate the smaller footprints of...Representative imageOfficeDeclining Empire State Building Visits Drive Q2 Loss for ESRTJul 30, 2026New York City’s declines in international tourism over the past year since President Donald Trump assumed office are starting to affect Empire State Realty Trust (ESRT)’s finances.King Of Prussia Pursues Stadium To Anchor $200M Mixed-Use ComplexJul 30, 2026Local officials in King of Prussia are trying to get in on the sports and entertainment real estate boom and are seeking millions in state funding to make that happen.Representative imageLendingBlackstone Mortgage Trust Posts Q2 Net Loss Amid Focus on Portfolio DiversificationJul 30, 2026Blackstone Mortgage Trust (BXMT) reported a net loss of $81.2 million in the second quarter of 2026, but its executives were optimistic during a Thursday morning earnings call about turning its portfolio around.DealIndustrialBlackstone Sells $1B Industrial Portfolio To Atlanta-Based InvestorJul 30, 2026An Atlanta-based real estate investment firm is adding $1B in warehouses and distribution centers to its portfolio from Blackstone's Link Logistics.TenantsQSRMezcali Founders to Open New Fusion Concept in Financial DistrictJul 30, 2026The restaurateurs behind Mexican restaurant Mezcali and American tavern the Malt House have signed a lease for a new food concept in Manhattan’s Financial District.OfficeX Capital Developing Melissa Mixed-Use ProjectJul 30, 2026X Capital has started work on a mixed-use development in Melissa, just outside McKinney. The Dallas Business Journal reports the company is bringing new retail and office space to the fast-growing city. And apartments may be down the road.TenantsFormer Arms Dealer Targeting Heartland Apartment Takeover Files For BankruptcyJul 30, 2026YSA Investments, an entity controlled by a former arms dealer and the inspiration for the 2016 film War Dogs, Efraim Diveroli, filed for Chapter 11 bankruptcy in Delaware in the middle of a multistate fight over control of a more than 25-property portfolio. The...DealTorchlight Investment Provides $52M Acquisition Debt, Equity for Indianapolis AssetJul 30, 2026Hudson Investing has secured $52.1 million in acquisition financing for Maple Knoll Apartments, a 300-unit garden-style multifamily complex just outside Indianapolis, Ind., Commercial Observer can first report.IndustrialGrowing Richmond Lands Sam’s ClubJul 30, 2026Richmond, south and west of Houston, is a town of just over 11,000 residents, but like a lot of other Texas towns, its growing. So much so that a development team is considering building a mixed-use project that includes a Sam’s Club warehouse store.