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Net lease news – page 130
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Dedeaux Properties CEO Brett Dedeaux On SoCal’s Evergreen Industrial PullFor Dedeaux Properties, California’s infamously arduous development environment can be both a hurdle and a competitive advantage.
Widening Influence Marked Lisa Pendergast’s Decade Leading CRE Finance CouncilA decade ago, Lisa Pendergast was enjoying her role heading up commercial mortgage-backed securities (CMBS) strategy at financial giant Jefferies when words of encouragement set her off on a new career path.
U.K. Fashion Brand Manière De Voir to Open First U.S. HQ at 599 BroadwayThe office staff of London-based fashion label Manière De Voir is making the jump across the pond. The fashion brand has signed an 11,200-square-foot office lease at 599 Broadway in Manhattan’s SoHo neighborhood to open its first U.S.
MAG Capital Partners Trades Triple-Net Industrial Portfolio to Starwood Property Trust SubsidiaryMAG Capital Partners has completed the sale of more than 1.37 million square feet of long-term, net-leased industrial assets primarily acquired through its MAGCP Industrial Fund II, LP, in a six-property transaction with Fundamental Income Properties, a wholly owned subsidiary…
Deutsche Bank Lends $85M for Miami Beach Condo TowerNorthlink Capital has secured $85 million of construction financing to develop a Miami Beach luxury condominium project, Commercial Observer has learned.
Data Center Operator Pursuing $500M San Antonio-Area FacilityCyrusOne is pursuing the construction of a 460,000-square-foot data center in Medina County. The project is estimated to cost $500 million. The facility is at 3397 U.S.
Phoenix BTR Investor Inks $73.1M Bridge LoanGolden Horizons Enterprises inked a $73.1 bridge loan on Merrick on Camelback, a 334-unit built-to-rent community in Phoenix, Arizona. The financing was arranged by Lument and originated by Arcus Real Estate Capital.
Sales of U.S. Healthcare Real Estate Rise 77% Year-Over-YearSales of U.S. healthcare real estate rose 77% on a trailing 12-month basis in the second quarter of 2026, Avison Young reported.
Triten Completes 3-Property Houston Apartment Portfolio PurchaseTriten Real Estate Partners acquired 3 Corners West, a 283-unit apartment community in Houston’s Memorial/Spring Branch submarket.
Hotels Are Sinking, Offices Are Winning. Why Is CRE Increasingly Divided?Prices for the different types of commercial real estate sectors, from industrial to office and everything in between, had been moving generally in the same direction. Not anymore.
AI Firm Corgi to Open 24/7 Cafe at 121 East 27th StreetAlert the Queen, here come the corgis! OK, not exactly. Corgi Cafe, a 24/7 coffee shop from Corgi, an artificial intelligence-powered insurance company — no, really — is getting ready to open its first location in New York City, Commercial Observer can first report.
The Developers Trying to Make New York’s 485-x Multifamily Incentive WorkIt’s become fashionable in New York City commercial real estate to bash the state’s 485-x program, which provides tax incentives for new residential development in certain areas of the five boroughs in exchange for including affordable housing.
Representative imageThe Athlete-Developers: Coming to a Community Near YouThe World Cup’s excitement may be over, but one of the most fascinating sports phenomena hasn’t been visible on fields or courts. A cadre of athletes has been channeling their professional star power to develop commercial real estate projects.
Lenovo Spending $145M on Greensboro-Area Plant ExpansionLenovo opened its new smart campus in Whitsett for everyone to see. The new campus is located near Lenovo’s fulfillment center. The multi-million dollar facility will be used to build servers and manufacture products for customers in North Carolina.
Brookfield Properties Changes Name To BGRE In Global RebrandBrookfield Properties, one of the world's largest real estate owners, has changed its name to BGRE as part of its global expansion efforts.
Mesirow Pays $132M for Midtown Atlanta Apartment CommunityA real estate fund run by Mesirow acquired the Sixty 11th Apartments for $132 million. The Atlanta Business Chronicle reports the seller was 60 11th Street LLC. It purchased the 1.25-acre site in care of Daniel Realty Co. LLC, an affiliate of Daniel Corp., in 2014.
Representative imageBrookfield Properties Rebrands as BGREBrookfield Properties is now BGRE. The rebrand, announced Sunday, reflects the real estate arm’s growth as a global operator and developer. The overhaul is in title only, however, and carries no changes for business operations or personnel, according to the announcement.
Representative imageFoss Secures Tax Credits for 25-Story Office Tower Conversion in Des MoinesDES MOINES, IOWA — Foss & Co., a tax credit syndicator, has secured financing for the Financial Center, a 25-story office tower in downtown Des Moines.
Principle Construction Completes 55,468 SF Facility for Orozco Trucking in Elgin, IllinoisELGIN, ILL. — Principle Construction Corp. has completed a truck maintenance and warehouse facility for Orozco Trucking at 2580 Mason Road in Elgin.
Marcus & Millichap Brokers $9.9M Sale of Cincinnati Medical Office BuildingCINCINNATI — Marcus & Millichap has brokered the $9.9 million sale of a 26,107-square-foot medical office building in Cincinnati. Constructed in 2008, the property at 8099 Cornell Road is fully leased to Ortho Alliance MSO LLC/Beacon Orthopedics & Sports Medicine Ltd.