Net lease news – page 138

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LendingCDK Lending Supplies $37M Loan for Newark Apartments ProjectJul 22, 2026RBH Group has landed $36.7 million of pre-development financing for a mixed-use multifamily project in Newark, N.J., Commercial Observer has learned.OfficeInsurance Giant Fidelity Takes 20K SF at SL Green’s 711 Third AvenueJul 22, 2026SL Green Realty has signed two deals totaling 34,564 square feet at its 20-story Midtown East office building at 711 Third Avenue, Commercial Observer has learned.OpenAI Targets Savannah For $20B Data CenterJul 22, 2026A year after OpenAI CEO Sam Altman expressed concerns about the possibility of an artificial intelligence bubble, the firm that created ChatGPT is planning to pump more than $20B into a new 3.2-gigawatt data center outside of Savannah.TenantsSony Reopening Hollywood ArcLight, Cinerama Dome TheatersJul 22, 2026Shuttered for six years, the Cinerama Dome and ArcLight Hollywood are slated to reopen with Alamo Drafthouse at the helm following a deal with Alamo owner Sony Pictures Entertainment to lease both theaters. Alamo will operate the theaters, with...Representative imageDealCentaur Sells Panther National Golf Resort and a Housing Dev for $191MJul 22, 2026Ohana Real Estate Investors paid $191.2 million for the Panther National golf resort and a luxury housing development in Palm Beach Gardens, Fla., property records show. The asset spans 392 acres within the Avenir master development at 10391 Panther National Boulevard.OfficeEndeavor Building Nearly 200K-SF Austin Offices, to Include HQJul 22, 2026Endeavor Real Estate Group is building a new 198,000-square-foot office and retail building on the western edge of downtown Austin. And the Austin Business Journal reports that once built, they will call the building their new headquarters.Representative imageNYC Landlords Sue Rent Guidelines Board Over Rent FreezeJul 22, 2026Following the city’s rent freeze decision in June, it was very much expected that angry New York City landlords — now burdened with even more maintenance costs and increased upkeep on rent-stabilized apartments — would take legal action to overturn the vote.TenantsLandlords Sue Rental Board, Claiming 'Sham Process' Led To Rent FreezeJul 22, 2026A month after the New York City Rent Guidelines Board voted to freeze rents on all stabilized leases, a group of landlords has filed a lawsuit claiming that the process was illegally influenced by the mayor. The complaint, filed Wednesday, accuses the...DevelopmentIndustrialNational Property Planning 1.1M-SF Katy Industrial ParkJul 22, 2026National Property Holdings plans to develop Katy Prairie Business Park, a 1,083,420-square-foot industrial project in Katy, Texas. CBRE’s Faron Wiley, Billy Gold, Charles Herold and Jett Bush have been selected to market the project for lease.Representative imageNew York City Investment Sales Exceeding 2025 Pace: ReportJul 22, 2026New York City investment sales dipped 10 percent over the second quarter of 2026, according to Avison Young’s latest property sales report. Under the hood, however, the city’s commercial real estate market is barreling past its 2025 pace.DealOfficeWoodside Spins Off 100K-SF Glendale Office CampusJul 22, 2026Woodside Health sold the Arrowhead Executive Center in Glendale for $25 million. Arrowhead Executive Center comprises 101,397 square feet of Class B office and medical space across eight buildings situated on 12 acres of prime infill land.TenantsOfficePodcast: Building an AI-Powered CRE Operation – Boxer Property President Justin SegalJul 22, 2026Justin Segal is President of Boxer Property, where he oversees operations, leasing, technology, and marketing across a national portfolio of office, retail, and hotel assets.DealJLL Arranges Construction Debt, Joint Venture Equity for Dallas Mixed-Use ProjectJul 22, 2026DALLAS — JLL has arranged undisclosed amounts of construction debt and joint venture equity for 8300 Douglas, a mixed-use project that will be located in the Preston Center submarket of Dallas.Representative imageDealMamdani Appoints Lina Khan as Board Chair of EDCJul 22, 2026In a flurry of announcements on Wednesday, New York Mayor Zohran Mamdani has appointed Lina Khan, the former chair of the Federal Trade Commission (FTC), as the new board chair of New York City’s Economic Development Corporation (EDC).Representative imageOfficeAI Job Displacement Risk, AI Office Demand DovetailJul 22, 2026U.S. markets defined by sectors most exposed to AI-driven job displacement are also seeing the strongest real estate demand from AI companies, according to new research from JLL.Representative imageDevelopmentIndustrialUrban Logistics Realty to Develop Two Industrial Projects Totaling 341,000 SF in North HoustonJul 22, 2026HOUSTON — Urban Logistics Realty will develop two industrial projects totaling 341,000 square feet in North Houston. Urban NXS Fallbrook will be a 182,400-square-foot, cross-dock industrial building, and Urban NXS West will be a 158,600-square-foot, front-load building.Representative imageDealIndustrialRealterm Buys 40-Acre Industrial Outdoor Storage Facility in Laredo, TexasJul 22, 2026LAREDO, TEXAS — Realterm, a global investment manager focused on transit-oriented properties, has purchased a 40-acre industrial outdoor storage (IOS) facility in the South Texas city of Laredo.Representative imageDevelopmentMedicalHoar Construction Breaks Ground on 32,000 SF Medical Office Building in East AustinJul 22, 2026AUSTIN, TEXAS — Alabama-based general contractor Hoar Construction has broken ground on Colony Park Health & Wellness Center, a 32,000-square-foot medical office building in East Austin.LendingDallas Apartment Builder Inks $78.7M RefiJul 22, 2026JLL Capital Markets arranged a $78.7 million construction takeout financing for The Flynn at Live Oak, a five-story, 327-unit newly completed luxury multifamily community in Dallas, Texas.LendingIs the Market Mispricing the Rate Hike Probability?Jul 22, 2026Executive Summary Inflation expectations have fallen sharply following last week’s benign CPI and PPI prints, yet the market continues to price a meaningful probability of an interest rate hike by the Federal Reserve — a disconnect that appears mispriced.