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Net lease news – page 16
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Darwin Investment Group Completes $130M Refinance of Industrial PortfolioDarwin Investment Group announced the completion of a $130 million refinancing of a 39-building industrial portfolio totaling more than 2 million square feet across the greater Chicago area and Southeast Wisconsin.
Fred Hutch Cancer Center Buys $18M Federal Way Office BuildingFred Hutchinson Cancer Center has completed the $18 million acquisition of a former DaVita office building in Federal Way. Realty Income sold the building, which it acquired from Weyerhaeuser for $19.
Newmark, Cushman & Wakefield Among Winners at REBNY’s 2026 Retail Deal AwardsAt an event of nearly 150 members and guests on Wednesday night, the Real Estate Board of New York (REBNY) recognized the most influential retail deals completed in New York City in the past year.
Apartment Investors Face $757B of Loan MaturitiesIn a rising interest rate environment, apartment owners face $757 billion of loans coming due between 2026 and 2028, the Wall Street Journal reported, citing Mortgage Bankers Association data.
Joint Venture Breaks Ground on 1 MSF Industrial Project in Haslet, TexasHASLET, TEXAS — A joint venture between Kansas City-based NorthPoint Development, Olympus Ventures and a local family partnership has broken ground on a 1 million-square-foot industrial project in Haslet, about 25 miles north of Fort Worth.
Representative imageMEI Rigging & Crating Signs 603,638 SF Industrial Lease in West Fort WorthFORT WORTH, TEXAS — MEI Rigging & Crating has signed a 603,638-square-footindustrial lease in West Fort Worth. The space is located within West Worth Commerce Center, a newly constructed, 71-acre development that comprises 991,038 square feet across four buildings.
Oxford Cos., Crawford Hoying Receive State Approval for Arbor South Mixed-Use Project in MichiganANN ARBOR, MICH. — Oxford Cos. and Crawford Hoying have received final state approval from the Michigan Strategic Fund Board for Arbor South, a 20-acre mixed-use development planned for Ann Arbor’s south side. Located at 2845 S. State St.
Representative imageVenture One Breaks Ground on 1.2 MSF Distribution Facility for Amazon in Northwest IndianaCROWN POINT, IND. — Venture One Real Estate has broken ground on a 1.2 million-square-foot build-to-suit distribution facility for Amazon at VenturePark 65 in Crown Point.
Newmark Arranges $95M Sale of Randhurst Village Shopping Center in Metro ChicagoMOUNT PROSPECT, ILL. — Newmark has arranged the $95 million sale of Randhurst Village, a 931,798-square-foot power center in Mount Prospect. Conor Lalor and Keely Polczynski of Newmark represented the seller, DLC, with support from colleague Brian Schneiderman.
Opus Begins Construction of 314,684 SF Spec Industrial Building in Joliet, IllinoisJOLIET, ILL. — Opus has begun construction on Opus Intermodal at Joliet, a 314,684-square-foot speculative industrial building on 39 acres in Joliet.
Representative imageRealSource Group Negotiates $5.8M Sale of Restaurant Building in Richmond, TexasRICHMOND, TEXAS — California-based brokerage firm RealSource Group has negotiated the $5.8 million sale of a 3,072-square-foot restaurant building in Richmond, a southwestern suburb of Houston.
Representative imageWestwood Financial Acquires 23,300 SF Shopping Center in Burleson, TexasBURLESON, TEXAS — Westwood Financial, a California-based retail investment firm, has acquired South Town Crossing II, a 23,300-square-foot shopping center in Burleson, a southern suburb of Fort Worth.
CBRE Arranges Sale of 384-Unit Apartment Community in Somerset, New JerseySOMERSET, N.J. — CBRE has arranged the sale of a 384-unit apartment community located in the Central New Jersey community of Somerset. The Grove at Somerset was built on 41 acres in 2013.
Representative imageLargo Capital Places $24M Permanent Loan for Buffalo Industrial PropertyBUFFALO, N.Y. — Locally based financial intermediary Largo Capital has placed a $24 million permanent loan for a 300,000-square-foot industrial property in Buffalo.
Representative imageNEPCG Negotiates $14.3M Sale of Hartford Multifamily PortfolioHARTFORD, CONN. — Regional brokerage firm Northeast Private Client Group (NEPCG) has negotiated the $14.3 million sale of a portfolio of 23 multifamily properties totaling 167 units in Hartford.
Representative imageMarcus & Millichap Brokers $4M Sale of Apartment Building in Kearny, New JerseyKEARNY, N.J. — Marcus & Millichap has brokered the $4 million sale of Helena Arms, a 17-unit apartment building in the Northern New Jersey community of Kearny.
IPA Arranges Joint Venture Equity for Cliff at Green Valley Ranch Adaptive Reuse Project in Henderson, NevadaHENDERSON, NEV. — IPA Capital Markets, a division of Marcus & Milichap, has arranged joint venture equity on behalf of VAC Development for The Cliff at Green Valley Ranch, an adaptive reuse redevelopment in Henderson. Jeremy Slocumb of IPA Capital Markets led the transaction.
Kidder Mathews Arranges $21.8M Sale of Two Apartment Properties in Riverside, CaliforniaRIVERSIDE, CALIF. — Kidder Mathews has brokered the sale of two adjacent workforce housing properties in Riverside. The 113-unit portfolio traded for $21.3 million, or $192,920 per unit and $244 per square foot.
Vista International Sells Molokai Apartments in San Diego for $11.2MSAN DIEGO — Marcus & Millichap has arranged the $11.2 million sale of The Molokai Apartments, a 39-unit property in San Diego.
Austin Multifamily Nears 'Inflection Point' With Early Signs Of Rent GrowthA vital shift from oversupply to rent growth is underway.