Net lease news – page 128

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OfficeNorth American Office Posts Strongest Performance Since PandemicJul 28, 2026The North American office market is having its best year since the COVID-19 lockdown upended demand for the sector, with vacancy declines in the second quarter across Canada and the United States for the first time since 2019, Lee & Associates reported.Representative imageRockspring Underway on 254-Acre Mixed-Use Development in Marble Falls, TexasJul 28, 2026MARBLE FALLS, TEXAS — Rockspring, a Houston-based development and investment firm, is underway on The Highlands, a 254-acre mixed-use development in Marble Falls, about 50 miles northwest of Austin.DevelopmentCore Spaces Breaks Ground on 1,656-Bed Student Housing Development Near University of GeorgiaJul 28, 2026ATHENS, GA. — Core Spaces has broken ground on Hub Athens Dougherty, a 1,656-bed student housing development located near the University of Georgia campus in Athens. The community will offer 536 units in studio through five-bedroom configurations.Representative imageDealIndustrialJLL Arranges Sale of 2.4 MSF Industrial Portfolio in Florida, GeorgiaJul 28, 2026MIAMI — JLL has arranged the sale of a three-property industrial portfolio spanning 2.4 million square feet in Florida and Georgia. EQT Real Estate purchased the portfolio from the undisclosed seller.DevelopmentGilbane Development Breaks Ground on 756-Bed Student Housing Project in Norman, OklahomaJul 28, 2026NORMAN, OKLA. — Gilbane Development has broken ground on a 756-bed student housing project in Norman, home of the University of Oklahoma.DealGroceryIPA Brokers $23.1M Sale of Publix-Anchored Shopping Center in Alexander City, AlabamaJul 28, 2026ALEXANDER CITY, ALA. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the $23.1 million sale of The Gateway at Lake Martin, a grocery-anchored shopping center in east-central Alabama.LendingMedicalTremont Realty Capital Provides $22.7M Loan for Refinancing of Metro Houston Healthcare PropertyJul 28, 2026SUGAR LAND, TEXAS — Tremont Realty Capital, a division of Boston-based investment firm RMR Group, has provided a $22.7 million loan for the refinancing of Sugar Land Medical Plaza, a 120,000-square-foot healthcare property located on the southwestern outskirts of Houston.DealNorthmarq Negotiates $5.6M Sale of Multifamily Community in Lexington, South CarolinaJul 28, 2026LEXINGTON, S.C. — Northmarq has negotiated the $5.6 million sale of Sweetbriar Apartments, a 48-unit community located at 200 Libby Lane in Lexington, a suburb of Columbia, S.C. The garden-style property was built in 1988 and includes one- and two-bedroom layouts.Representative imageDealCentersPalo Duro Commercial Arranges Sale of 13,500 SF Retail Strip Center in The Woodlands, TexasJul 28, 2026THE WOODLANDS, TEXAS — Local brokerage firm Palo Duro Commercial Partners has arranged the sale of Shoppes at Sawdust, a 13,500-square-foot retail strip center located north of Houston in The Woodlands.DealIndustrialNewmark Brokers $31M Sale of Portland-Area Manufacturing FacilityJul 28, 2026Newmark has arranged the $31 million sale of 26440 SW Parkway Avenue, a 205,100-square-foot industrial and manufacturing facility in Wilsonville, Oregon. Managing Director Mark Hush and Associate Director Jack Ward represented the buyer, DCI International.Office222 Broadway Conversion’s Stop-Work Order Not Tied to ‘Safety Issues’: DeveloperJul 28, 2026New York City’s office-to-residential conversion wave hit another snag less than a month after columns buckled during an apartment transformation project at the former Pfizer headquarters in Midtown.LendingJLL Arranges $58M Loan for Refinancing of Brooklyn Mixed-Use BuildingJul 28, 2026NEW YORK CITY — JLL has arranged a $58 million loan for the refinancing of 1333 Broadway, a mixed-use property in the Bushwick neighborhood of Brooklyn.Representative imageTenantsOfficeHowden Signs 31,519 SF Office Lease in Midtown ManhattanJul 28, 2026NEW YORK CITY — Howden has signed a 31,519-square-foot office lease in Midtown Manhattan. The global insurance brokerage firm is taking space on the 53rd floor at One Five One, a 1.8 million-square-foot tower located at 151 W. 42nd St.Representative imageDealMarcus & Millichap Brokers Sale of 30-Unit Student Housing Property in Hamden, ConnecticutJul 28, 2026HAMDEN, CONN. — Marcus & Millichap has brokered the sale of Pine Rock Townhomes, a 30-unit student housing property that is located adjacent to Southern Connecticut State University in Hamden.DealCavan Cos. Sells 334-Unit BTR Community in Phoenix for $112.5MJul 28, 2026PHOENIX — Scottsdale, Ariz.-based Cavan Cos. has completed the $112.5 million sale of Bungalows on Camelback, a 334-unit built-to-rent community at 4747 N. 99th Ave. in Phoenix. A California-based private investor has acquired the property for $336,826 per unit.Representative imageDealOfficeCushman & Wakefield Negotiates 14,000 SF Office Lease in Midtown ManhattanJul 28, 2026NEW YORK CITY — Cushman & Wakefield has negotiated a 14,000-square-foot office lease at 685 Third Avenue in Midtown Manhattan. The tenant, law firm Gallet Dreyer & Berkey LLP, will occupy the 28th floor of the 31-story tower, which recently underwent renovations.DealAlturas Capital Partners Acquires 421,000 SF Legends at Sparks Marina in Sparks, NevadaJul 28, 2026SPARKS, NEV. — Idaho-based Alturas Capital Partners has purchased Legends at Sparks Marina, a 421,000-square-foot mixed-use lifestyle center in Sparks. Terms of the transaction were not disclosed.Representative imageSony Pictures, Alamo Drafthouse Cinema to Restore Hollywood’s Cinerama DomeJul 28, 2026LOS ANGELES — Sony Pictures Entertainment (SPE) and Alamo Drafthouse Cinema have announced plans to reopen and restore Cinerama Dome, a historic move theater located on Sunset Boulevard in Hollywood.DealOfficePrivate Equity Firm Buys Former Texas Instruments Campus For New HeadquartersJul 28, 2026Dhanani Private Equity Group is scooting over to Sugar Land. The firm purchased the 165K SF former Texas Instruments office building and its more than 7-acre campus in a transaction that closed on April 13, according to Fort Bend County public records.Gotham Organization’s Matthew, Nicole and Ben Picket On the Family Firm’s Next MovesJul 28, 2026The Picket family has been running the Gotham Organization, an owner, developer, operator and investment manager, since 1912, and has only ever handed over the reins to the next generation — never an outsider.