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Net lease news – page 14
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Stockman Development Receives $482.5M in Financing for Ski Resort in Steamboat Springs, ColoradoSTEAMBOAT SPRINGS, COLO. — Stockman Development, led by Marquee Development, has secured $482.5 million in financing from GoldenTree Asset Management to advance The Stockman, Auberge Collection, which recently broke ground at the base of Steamboat Resort in Steamboat Springs.
Confluent Development, Ovation Group Sell 168-Unit Seniors Housing Community in Las VegasLAS VEGAS — A joint venture between Confluent Development and Ovation Group has sold MorningStar at The Canyons, a seniors housing community located in Las Vegas. Confluent and Ovation co-developed the property, which totals 168 units, with MorningStar Senior Living.
Representative imageBrennan Investment Group Acquires 136,744 SF Industrial Property in DenverDENVER — Brennan Investment Group has purchased 5050 Ironton, an industrial building on 8.7 acres within Montbello Industrial Park in Denver’s northeast industrial submarket. Terms of the transaction were not disclosed.
Gantry Secures $9M Permanent Loan for Office Building in Temecula, CaliforniaTEMECULA, CALIF. — Gantry has secured a $9 million life company loan to retire a CMBS loan on Vail Ranch Town Square, a low-rise office building in Temecula.
Brand Street, AEW Buy 410,000 SF Deer Park Town Center in Metro Chicago for $125MDEER PARK, ILL. — Brand Street Properties and AEW Capital Management have acquired Deer Park Town Center, a 410,000-square-foot, open-air shopping center in Deer Park, about 35 miles northwest of downtown Chicago.
Tempus Realty Partners Acquires 546,548 SF Office Property in Minnesota for $66MHOPKINS, MINN. — Tempus Realty Partners, an Arkansas-based real estate investment firm, has acquired Excelsior Crossings, a two-building office property totaling 546,548 square feet in Hopkins. The purchase price was $66 million.
Oil-Dri Renews Office Lease at Chicago’s Wrigley Building for 20,000 SFCHICAGO — JLL represented Oil-Dri Corp. of America (NYSE: ODC) in a long-term lease renewal at the Wrigley Building, where the company has been headquartered since 1993. Oil-Dri will now relocate within the building to a newly built-out floor totaling 20,000 square feet.
Highgates Sells Multifamily Property in New Albany, Indiana for $9.5MNEW ALBANY, IND. — Highgates has sold High Park Apartments, a 96-unit multifamily community in New Albany near Louisville, for $9.5 million. Highgates acquired the property in July 2019 for $6.7 million utilizing a 10-year, fixed-rate Fredie Mac loan at a rate of 4.4 percent.
Deloitte: CRE Investors Get More Selective With Capital Heading into 2027Commercial real estate executives are conflicted as they look toward 2027. On the one hand, more capital will likely be available and continue to move.
JLL Suggests that Energy Efficiency Can Be a CRE Operating-Cost AdvantageWhat was once considered an effort for sustainability is now an essential part of the commercial real estate operating budget. The main reason is money.
50% Of LA Office Sales Closed At A Loss In The Last YearFifty percent of LA metro office sales between Q2 2025 and Q2 2026 incurred losses due to lender-driven distress in the market.
Quality Doesn’t Always Mean Newer Office Space“Flight to quality” has been a recurring theme in the office market. As companies consolidate and upgrade workspaces, they’re looking for newer, flashier, heavily amenitized buildings to lure workers back to the office. Or so the headlines suggest.
Newmark Arranges $85M Refi on Mixed-Use SoHo PropertyNewmark arranged an $85-million loan on behalf of InterVest Capital Partners to refinance 300 Lafayette St., a boutique mixed-use office and retail property in Manhattan’s SoHo neighborhood. Hudson Bay Capital provided the financing.
Alexandria Lands Cambridge's Largest Office Lease Of The YearCambridge is gaining AI momentum with Blitzy's 52K SF lease at One Kendall Square, owned by Alexandria Real Estate Equities.
Pistola Denim Takes Nearly 18K SF at ROW DTLADenim and womenswear company Pistola Denim has signed a 17,922-square-foot office lease at Atlas Capital Group’s ROW DTLA, adding another fashion company to the nearly 2 million-square-foot Downtown Los Angeles complex. Grace Na founded Pistola in 2013.
California People and Company News, Week of Sept. 25, 2026The post California People and Company News, Week of Sept. 25, 2026 appeared first on Connect CRE.
New York People and Company News, Week of Sept. 25, 2026The post New York People and Company News, Week of Sept. 25, 2026 appeared first on Connect CRE.
New-Construction Vista Strip Center Goes to Institutional BuyerJLL Capital Markets completed the sale of Sunroad Plaza, a 23,540-square-foot retail center at 485 Hacienda Dr. in Vista. The price was not disclosed.
Whole Foods-Anchored Retail Nears Construction: The Houston Deal SheetThis week in commercial real estate news, Dunham Pointe retail with Whole Foods breaks ground soon, 180K SF of new leasing at a Spring office building and more.
David Burris-Led Investor Group Acquires Upper East Side AssemblageLee & Associates NYC arranged the $28.1-million sale of three adjacent mixed-use properties at 780 Lexington Ave., 782 Lexington Ave. and 136 E. 61st St. on Manhattan’s Upper East Side.