Net lease news – page 147

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Stetson’s Law School, Bromley Partnering on Tampa Mixed-Use VentureJul 17, 2026Stetson University plans to modernize the Stetson University College of Law’s Tampa Law Center and create a mixed-use space in a currently underutilized area with the help of Bromley Companies.DevelopmentApartment Developer Pursuing Phillips Place for Multifamily CommunityJul 17, 2026Mid-America Apartment Communities is seeking a zoning change to build a 275-unit apartment complex and 15,000 square feet of commercial space at Phillips Place in SouthPark.LendingS2 Capital Offloads 229-Unit Plano Rental CommunityJul 17, 2026Newmark arranged the sale and financing of Hathaway at Willow Bend, a 229-unit multifamily community located at 2525 Preston Road in Plano, Texas.NYC Multifamily Sales Reflect “Two Very Different Markets” in Q2Jul 17, 2026New York City multifamily sales totaled $2.46 billion across 298 transactions in the second quarter of 2026, representing a 25% year-over-year increase in dollar volume but 4% decline in transaction volume compared to Q2 2025, Ariel Property Advisors reported.TenantsDallas Development Duo Opens 168-Unit Mixed-Income CommunityJul 17, 2026Bonner Carrington and Sycamore Development opened Cypress Creek Montfort Drive, a mixed-income community of 168 apartment homes in North Dallas.DealOfficeUCHealth Acquires Two Greenwood Village Office BuildingsJul 17, 2026UCHealth purchased Greewood Plaza, a two-building office pair at 6550 and 6560 Greenwood Plaza Blvd., in Greenwood Village. The Denver Business Journal reports the healthcare company paid $19.3 million for the properties.IndustrialLogistics Firm Highline Commerce Grows to 60K SF at Industry City, Thanks to RobotsJul 17, 2026Third-party logistics provider Highline Commerce is expanding its industrial footprint at Brooklyn’s Industry City for the second time in four years, Commercial Observer has learned.TenantsBakery Shop Cafe Aroma to Open New Spot on the Upper East SideJul 17, 2026Time to rise and grind, Upper East Siders, as a new coffee shop and bakery is set to open at Avenues Equity Partners’ 1410 Madison Avenue in Carnegie Hill.LendingOfficeHudson Bay Capital Supplies $60M Refi for Redeveloped N.J. Office CampusJul 17, 2026A joint venture between Somerset Development and HIG Capital has sealed a $60 million loan to refinance a repurposed New Jersey mixed-use office campus that will soon be home to sandwich chain Jersey’s Mike’s headquarters, Commercial Observer has learned.LendingManhattan Beach Studios Shopped As Possible Defense Tech SiteJul 17, 2026Lenders on Hackman Capital Partners' Manhattan Beach Studios are selling its $240M mortgage, leaning on the South Bay submarket's booming aerospace and defense technology industries in its marketing materials. “There’s never been a more perfect...DealNew Empire Corporation Buys Midtown Parking Garage for $33MJul 17, 2026Bentley Zhao’s New Empire Corporation, a New York City-based developer of residential mixed-use buildings, dropped $33.5 million to acquire a Midtown parking garage at 10 East 30th Street, according to a deed filed in property records on Thursday.LendingPonce Bank Lends $50M for Canarsie ApartmentsJul 17, 2026Midwood Group has landed $50 million of construction financing to build a multifamily project in Brooklyn, Commercial Observer has learned.Tishman Hires Former Prologis CIO To Lead Push Into Middle EastJul 17, 2026One of the largest commercial real estate owners in the U.S. is expanding into the Middle East even as conflict scares some investors away.DealOfficeVerizon To Sell 274 Retail Locations, Lay Off 500 Office WorkersJul 17, 2026Verizon is shrinking its corporate-owned retail footprint and laying off roughly 500 office employees, a year after it kicked off a broader corporate restructuring.Mixed-Use Strategies Can Change Sport Venue EconomiesJul 17, 2026Sport venues were once designed for one thing: Entertainment. However, JLL reported that at least half of Major League Baseball organizations will be eyeing a new stadium or major redevelopment by 2040.DevelopmentPartnership to Develop 265-Unit Multifamily Project in Uptown DallasJul 17, 2026DALLAS — A partnership between Endeavor Real Estate Group and Canyon Partners Real Estate will develop Lucille, a 265-unit multifamily project that will be located at 2700 McKinney Ave. in Uptown Dallas.DealEastham Capital Sells 200-Unit Apartment Complex in Humble, TexasJul 17, 2026HUMBLE, TEXAS — Florida-based real estate private equity firm Eastham Capital has sold Eagle Crest, a 200-unit apartment complex located in the northern Houston suburb of Humble.Representative imageDealIndustrialLee & Associates Negotiates 94,993 SF Industrial Lease in Southlake, TexasJul 17, 2026SOUTHLAKE, TEXAS — Lee & Associates has negotiated a 94,993-square-foot industrial lease in Southlake, located in the northern-central part of the metroplex. The tenant is Genuine Cable Group, and the space is located within Building 1 of Heritage Business Park.Representative imageDealIndustrialPartners Brokers Sale of 43,000 SF Industrial Building in La Marque, TexasJul 17, 2026LA MARQUE, TEXAS —Partners Real Estate has brokered the sale of a 43,000-square-foot industrial building in La Marque, a southeastern suburb of Houston. According to LoopNet Inc., the single-tenant building at 4725 Lawndale St.Partnership Underway on 274-Unit Multifamily Project in Horsham, PennsylvaniaJul 17, 2026HORSHAM, PA. — A partnership between Pennsylvania-based Korman Communities, New York City-based RXR, Japanese asset manager Chuo Nittochi, Goodman Properties and CBG Building Co.