Net lease news – page 144

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LendingMadison Realty Capital, Cottonwood Group Provide $211M Construction Loan in N.J.Jul 20, 2026Somerset Development has secured $211 million in construction financing to build LIDO Asbury Park, an eight-story, 112-unit luxury condominium on the oceanfront of Asbury Park, N.J., according to a release.Representative imageBrookfield Takes a Major Stake in Healthpeak Properties’ $2.1B PortfolioJul 20, 2026Brookfield Asset Management has established a joint venture with Denver-based real estate investment trust (REIT) Healthpeak Properties for an interest in its vast medical property portfolio.FIRST DRAFT LIVE: Controlled Turbulence Or Chaos? CBRE's Spencer Levy Checks In On 2026Jul 20, 2026Earlier this month, Bisnow published its annual halftime report, surveying commercial real estate leaders on the state of the industry at the end of the second quarter. Sixty-two CRE leaders from more than 30 markets answered one question: Are you moving...TenantsHollywood Talent Agency Leases 101K SF At Empire State BuildingJul 20, 2026A talent agency known for its star-studded client list is moving into New York City’s most iconic building.IndustrialHow Merritt Properties' New CEO Plans To Deploy $750M InvestmentJul 20, 2026Industrial developer Merritt Properties is eyeing an undersupplied segment of the market with strong demand, and it just secured a major investment to fund more projects.Insurance, Real Estate Firms Take 57K SF at SL Green’s 1185 Avenue of the AmericasJul 20, 2026Two companies signed recent deals at SL Green Realty’s 1185 Avenue of the Americas.LendingWitkoff, Monroe Capital Land $302M Construction Loan for Downtown Miami RentalJul 20, 2026Witkoff and Monroe Capital have secured a $302.6 million loan construction loan to build a multifamily tower in Downtown Miami, property records show.Representative imageTenantsGroceryInstacart Takes 26K SF at ESRT’s 111 West 33rd StreetJul 20, 2026Grocery delivery app Instacart is getting a bigger home in Midtown. The San Francisco-based technology company has signed a 26,134-square-foot lease at Empire State Realty Trust (ESRT)’s 111 West 33rd Street, the landlord announced Monday.DealIndustrialBrookfield, CPP Investments to Acquire LXP Industrial Trust for $5.2BJul 20, 2026Brookfield Asset Management is lined up for a big industrial acquisition.TenantsCollegium Pharmaceutical Signs with DivcoWest in Boston’s Financial DistrictJul 20, 2026DivcoWest said Monday that Collegium Pharmaceutical has signed a headquarters lease for 40,288 square feet on floors 11 and 12 at One Lincoln in Boston’s Financial District, relocating from suburban Stoughton, MA.DevelopmentIndustrialLovett, NewQuest Teaming Up to Build 2M-SF Seguin Industrial ParkJul 20, 2026Lovett Industrial and NewQuest are teaming up to develop Seguin Exchange Commerce Park, a 164-acre Class A industrial campus in Seguin, Texas.DevelopmentAlexandria Delivers R&D Hub for Bristol Myers Squibb at San Diego MegacampusJul 20, 2026Alexandria Real Estate Equities, Inc. has delivered a 427,000-square-foot research & development hub for Bristol Myers Squibb (BMS) at the Campus Point by Alexandria Megacampus in San Diego.LendingHoward Hughes Closes On Refi for Bridgeland DevelopmentJul 20, 2026Affinius Capital funded a $35 million loan to refinance Village Green at Bridgeland Central, a Class A mixed-use commercial development totaling approximately 198,000 square feet in Cypress, TX.LendingM&T Bank Lends $26M on NJ Apartments BuyJul 20, 2026Goldcrest Properties has sealed $25.5 million of acquisition financing for the purchase of a New Jersey multifamily asset, Commercial Observer has learned. M&T Bank provided the interest-only loan for Goldcrest’s purchase of the 125-unit Hope’s Crossing property in Toms River, N.DealMedicalBrookfield, Healthpeak Form $2.1B Medical Office Joint VentureJul 20, 2026Brookfield Asset Management purchased a 49% stake in a $2.1B medical office portfolio. Brookfield contributed more than $1B to form the joint venture with Healthpeak Properties, a Denver-based healthcare REIT. Healthpeak is contributing an 86-property,...LendingOfficeLandmark Textile Building Refinanced for $229MJul 20, 2026Walker & Dunlop, Inc. arranged $228.9 million in financing to refinance 295 Fifth Ave., a newly redeveloped, 19-story Class A office tower in Manhattan’s Midtown South submarket.LendingTannos Inks Bridge Loan for 163K-SF Friendswood Mixed-Use ProjectJul 20, 2026Concord Summit Capital arranged $28 million in mid-construction financing for The Albritton, a 163,176-square-foot mixed-use project midway between Houston and Galveston, Texas. The debt was structured on a non-recourse basis at a 70% loan-to-cost ratio.TenantsBXP Selling 7 Times Square Ground LeaseJul 20, 2026In a test of the appetite for Times Square offices, BXP has hired Will Silverman and Gary Phillips at Eastdil Secured to market the 7 Times Square ground lease, Commercial Observer has learned. BXP expects to ask from $700 million to $750 million.IndustrialPrologis' $18B Third Bid For Segro RejectedJul 20, 2026Segro has once again rejected a takeover offer from Prologis, but the UK-based industrial REIT hasn’t left the negotiating table yet. The third bid valued Segro at around £13.5B, or about $18.2B, Prologis announced on Monday. The price is 9.7% higher...Representative imageOfficeUnited Talent Agency Consolidates to 101K SF at ESRT’s Empire State BuildingJul 20, 2026Los Angeles-based United Talent Agency (UTA), known for its high-profile clients, has aptly selected New York City’s most famous office building for its new East Coast headquarters.