Net lease news – page 157

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DevelopmentSilver Lake Development Parcel Increases Density Through Re-EntitlementJul 13, 2026Northmarq’s Los Angeles Investment Sales team of Mike Hanassab, Steven Goldstein and Elliot Hassan arranged the $5.25-million sale of Hyperion Residences, a three-parcel development site located at 835 N. Hyperion Ave. in Los Angeles’ Silver Lake neighborhood.DevelopmentCondo High-Rise Launches Construction in SunnysideJul 13, 2026Construction has begun at 51-02 Roosevelt Ave., a 19-story condominium rising at the border of Sunnyside. The development is led by Hiwin Group USA, whose previous work includes 300 W. 30th St. in Chelsea, a 16-story, 69-residence condo project that sold out in nine months.DealOfficeMidwood Buys Mixed-Use Building Across From Former Downtown Brooklyn Macy’sJul 13, 2026A four-story office and retail building across the street from the former Macy’s department store in Downtown Brooklyn has traded, Commercial Observer has learned.LendingJPMorgan Funnels $205M to Refi Blackstone’s East Hotel in MiamiJul 13, 2026Blackstone Real Estate has once again landed debt from J.P. Morgan Chase to refinance a South Florida hotel. The bank supplied a $205 million loan backed by the East Miami hotel in the Brickell district, property records show.DealIndustrialMarcus & Millichap Closes Sale of North Shore Industrial CondoJul 13, 2026Marcus & Millichap closed the sale of an industrial condominium at 30 Log Bridge Rd. in Middleton, MA. The asset sold for $2,525,000.DealCBRE Adds Freddie Mac’s Robert Koontz to Lead Multifamily Debt Capital MarketsJul 13, 2026CBRE has added Robert Koontz as head of multifamily debt capital markets after he led a similar role at Freddie Mac, the company announced Monday.TenantsOfficeDenver Office Market Posts Best Absorption In 4 YearsJul 13, 2026Denver’s office market is still recovering from the pandemic, but second-quarter reports indicate it is shifting toward stabilization with positive net absorption. Office tenants took approximately 119,700 SF more than they vacated in Q2, according...DealOfficeRubicon Point Acquires Three-Building Office Complex Near Apple HeadquartersJul 13, 2026Rubicon Point Partners (RPP) has acquired Wolfe Square, a Class A, 117,795-square-foot multi-tenant office and medical campus located adjacent to Apple’s global headquarters in Cupertino.DevelopmentNew Housing Law To Send Institutional Investors Flocking To Build-To-RentJul 13, 2026The new sweeping federal housing law is poised to fundamentally change the flow of institutional investment in the residential sector, potentially resulting in a rebound of construction of build-to-rent properties. The 21st Century Road to Housing Act...IndustrialChicago Industrial Vacancy Reaches Lowest Level in Two YearsJul 13, 2026A recent report from Savills details how manufacturing investment, logistics expansion and limited new supply are tightening Chicago’s industrial fundamentals heading into the second half of 2026.TenantsOfficeFashion Platform Orly Inks 20K-SF Office Lease at 20 West 33rd StreetJul 13, 2026Consumer products and fashion platform Orly has leased 20,014 square feet of office space at 20 West 33rd Street in Midtown South, according to the landlord broker. The deal, first reported by Traded, was signed with landlord JLA Home two weeks ago.TenantsIndustrialThe Glut Of Big-Box Warehouses Is Finally Getting 'Gobbled Up'Jul 13, 2026After a year of caution, America’s industrial occupiers are once again taking leaps by signing megadeals. The tenants are backfilling the surplus of big-box warehouses that were built to meet projected post-pandemic demand before tariffs and a war...DealAltitude Capital Partners Acquires Chicago’s Phantom Building for $10MJul 13, 2026Altitude Capital Partners, a Chicago-based real estate development and investment firm, in partnership with Shanna Collective, has acquired 1447 N. Dearborn Street — historically known as The Dearborn — for $10 million.TenantsGreater Boston Lab Market Edges into Positive Territory for Q2 2026Jul 13, 2026The Greater Boston lab market posted its first quarter of positive net absorption in nearly a year for the second quarter of 2026, representing what CBRE called “a tentative sign of stabilization amid persistent headwinds.” Total market availability edged up 10 basis points from…DealBerkadia Arranges Sale of 423-Unit MXU Trophy Property in ArlingtonJul 13, 2026Berkadia completed the sale of The Commodore, a 423-unit luxury multifamily community with 18,461 square feet of ground-floor retail located in Arlington’s Court House neighborhood.TenantsIndustrialArcher Aircraft Leases Entire Morgan Hill Campus from Trammell Crow CompanyJul 13, 2026Air taxi manufacturer Archer Aviation Inc. has agreed to lease a 501,000-square-foot industrial complex in Morgan Hill ahead of launching its first passenger flights later this year, reported the Silicon Valley Business Journal.$30B Investment In Limbo After Attorneys General Sue To Stop Paramount, Warners Bros. MergerJul 13, 2026Twelve attorneys general sued to stop the merger of Paramount and Warner Bros. Discovery, saying the union violates antitrust laws. The AGs have joined forces to block Paramount’s $111B grab for Warner Bros. Discovery, which would destroy competition...TenantsReal Estate Firm Landmark Management Signs 12K-SF Lease at One Grand Central PlaceJul 13, 2026A real estate investment advisor is relocating its offices to Midtown East, near Grand Central Terminal, Commercial Observer has learned.DevelopmentKolter Expands Miami Beach Assemblage for Condo Dev With BH GroupJul 13, 2026Kolter Group and BH Group have expanded their oceanfront assemblage in Miami Beach’s North Beach neighborhood, where they plan to build a 17-story luxury condo development.LendingApollo Provides $71M Loan for Tribeca Luxury Condo ConversionJul 13, 2026A joint venture between Broad Street Development and TPG Angelo Gordon has secured $71 million in construction financing to build 139 Franklin Street, a boutique residential condominium that will deliver up to 18 units in Manhattan’s Tribeca neighborhood, Commercial Observer can…