Net lease news – page 13

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LendingOfficeUnpaid $79M Loan Puts Downtown Dallas Office Tower At Risk of ForeclosureSep 25, 2026A Dallas office tower may face foreclosure over an unpaid $79M loan, threatening its future.GroceryRetail Veteran Launches Grocery-Anchored Fund With $200M In Seed FundingSep 25, 2026Hyperion Realty launches a fund with $200M from GCM Grosvenor, aiming for $1B worth of assets owned with additional investment.IndustrialJV Start Work on 1M-SF Haslet WarehouseSep 25, 2026A joint venture between NorthPoint Development, Olympus Ventures and a local family partnership has broken ground on a 1-million-square-foot industrial project in Haslet, about 25 miles north of Fort Worth.DealOfficeBuchanan Acquires Dallas Office TowerSep 25, 2026Buchanan Capital Partners purchased the Churchill Tower, a 277,268-square-foot Class A office tower in Dallas’s Park Central submarket. TXRE was the seller. The 12-story tower is located at 12400 Coit Road.LendingIndustrialBWE Secures Loan for 11-Building N. Colorado Industrial SaleSep 25, 2026BWE secured a $27.3 million loan to finance the acquisition of Prospect Innovation Campus, an 11-building, 226,461-square-foot light-industrial flex/R&D portfolio located in Fort Collins, Colorado. Ogilvie Partners was the seller. The buildings sold for $42 million.PCCP Closes Debt, Equity Funds at Combined $5 BillionSep 25, 2026PCCP, LLC announced that PCCP Equity X and PCCP Credit XI raised a combined $5 billion in capital commitments across its opportunistic equity and value‑add credit strategies. The two funds mark PCCP’s largest to date.DevelopmentOfficeAdolfson & Peterson Completes Dallas Office to Retail ConversionSep 25, 2026Adolfson & Peterson Construction (AP) recently completed the shell construction of The Seam, Asana Partners’ 160,000-square-foot upscale shopping and dining destination in Dallas’ Design District.DevelopmentTAWANI Property Management Adding New Amenity Floor to Historic Monroe BuildingSep 25, 2026TAWANI Property Management, the community investment arm of TAWANI Enterprises, Inc., is proud to announce that construction is underway on a state-of-the-art amenity floor at the Monroe Building, located at 104 S. Michigan Avenue in Chicago.DealN. Phoenix Apartments Trade for $58.7MSep 25, 2026Institutional Property Advisors (IPA) brokered the sale of Ascend at Black Canyon, a 260-unit multifamily property in Phoenix, Arizona. The asset traded for $58.7 million, or $225,769 per unit. DR Horton was the seller, Millburn & Company the buyer.LendingGreystone Lends $35M on Chicago-Area Apartments AcquisitionSep 25, 2026Isn’t life grand. Multifamily developer Grand Lifestyles has secured $35.4 million of acquisition financing to purchase a multifamily asset in suburban Chicago, Commercial Observer has learned., Greystone closed the Freddie Mac-backed loan to facilitate Grand Lifestyle’s $51.3…DealIndustrialPartnership Acquires Shuttered Mall in North Houston, Plans $150M Industrial RedevelopmentSep 25, 2026HOUSTON — A partnership between Dallas-based Lincoln Property Co. (LPC) and New York Life Investment Management has acquired a shuttered mall in North Houston with plans to implement a $150 million industrial redevelopment.Representative imageTenantsIndustrialCain Food Industries Signs 121,290 SF Industrial Lease in West DallasSep 25, 2026DALLAS — Cain Food Industries Inc. has signed a 121,290-square-foot industrial lease in West Dallas.Representative imageDealIndustrialCanTex Capital Buys 14,860 SF Warehouse in Haltom City, TexasSep 25, 2026HALTOM CITY, TEXAS — Local investment firm CanTex Capital has purchased a 14,860-square-foot warehouse in Haltom City, located north of Fort Worth. The building at 2504 Minnis Drive was constructed in 1978 and was vacant at the time of sale.DevelopmentGilbane Building 308 Raleigh Student Housing UnitsSep 25, 2026Gilbane Development recently received the green light from the Raleigh City Council to build a 7-story, 308-unit student housing project near North Carolina State University.LendingOfficeNew York Life Provides $386M Loan for Refinancing of Midtown Manhattan Office BuildingSep 25, 2026NEW YORK CITY — New York Life Insurance has provided a $386 million loan for the refinancing of 200 Madison Avenue, a 750,000-square-foot office building in Midtown Manhattan. The 26-story building was originally constructed in 1926.OfficeWinston-Salem Office Tower For SaleSep 25, 2026The One West Fourth building in Winston-Salem is up for sale. Ardent Companies is the owner of the 14-story, 439,000 square foot office tower. JLL has the marketing assignment. The property sits on about 2.3 acres and has an on-site fitness center and attached parking garage.DevelopmentBerkeley Garbe Underway on 150,000 SF Life Sciences Project in Billerica, MassachusettsSep 25, 2026BILLERICA, MASS. —Berkeley Garbe, a Boston-based developer that is a joint venture between Berkeley Investments and German real estate company GARBE, is underway on construction of a 150,000-square-foot life sciences project in Billerica, located northwest of the state capital.Skyline Developers Completes 97-Unit Apartment Building in Midtown ManhattanSep 25, 2026NEW YORK CITY — New York City-based Skyline Developers has completed a 97-unit apartment building at 18 W. 55th St. in Midtown Manhattan.Representative imageDealMarcus & Millichap Brokers $16.2M Sale of Bronx Retail BuildingSep 25, 2026NEW YORK CITY — Marcus & Millichap has brokered the $16.2 million sale of a 28,819-square-foot retail building in The Bronx. The building at 2244 Westchester Ave.DealIndustrialAviation Repair Company Pays Nearly $30M for Doral WarehouseSep 25, 2026Transwestern brokered the acquisition of a 112,000-square-foot industrial property at 2100 NW 88 Court in Doral, Florida, for $29.5 million.