Net lease news – page 160

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Stand-Alone Data Centers Banned in TacomaJul 10, 2026A new interpretation of Tacoma’s zoning code clarifies that stand-alone data centers cannot be permitted under current regulations.TenantsJLL Completes HQ Lease for Sandbox at Richmond’s Davenport BuildingJul 10, 2026JLL completed a 6,576-square-foot lease in the Shockoe Slip district of Richmond, Virginia. Sandbox, a Richmond-based consulting firm and provider of fractional finance and accounting, HR, business operations and recruiting services, will occupy the ground-floor space at 1401 E.Aspen Hospitality Plans Rockefeller Center’s First and Only HotelJul 10, 2026Aspen Hospitality, a division of Aspen One, said it will build the first and only hotel in Rockefeller Center as part of its launch of Nell Hotels, a new luxury brand.TenantsOfficeDC Office Market Shows Renewed MomentumJul 10, 2026Washington, D.C.’s office market saw renewed leasing momentum in Q2, led by several large law firm transactions after a slower start to the year, according to a recent report by Colliers.TenantsIndustrialRadar Company Echodyne Opens $40M Woodinville PlantJul 10, 2026Echodyne, a radar-platform company, has opened a new $40 million manufacturing facility designed to meet growing demand for its drone-detection and airspace-monitoring systems.DealPerforming Arts School Doubles Instructional Space with Irvine AcquisitionJul 10, 2026EVP John Bosko of NAI Capital Commercial’s Investment Services Group represented Orange County Music & Dance (OCMD) in the acquisition of a 24,670-square-foot educational facility located at 17872 Cowan in Irvine. The property sold for $10,800,000, or $438 per square foot.IndustrialChicago Industrial Market Gains Momentum in 2026Jul 10, 2026The Metropolitan Chicago industrial market saw fundamentally healthy and increasingly demand-driven in 2026, according to a recent report by Cushman & Wakefield.DealRockpoint, Urby Launch JV for 69-Story Residential Tower on Jersey City WaterfrontJul 10, 2026Rockpoint, a Boston-based real estate private equity firm, and Urby, a hospitality-driven multifamily developer, formed a joint venture to acquire land and develop a multifamily residential tower on the Jersey City waterfront.FIRST DRAFT LIVE: 'Not Happy, But Comfortable': CREFC President On CRE Finding A New NormalJul 10, 2026Bisnow’s First Draft Live is a regular series featuring live conversations about the critical stories impacting CRE right now. It is a companion to The First Draft, Bisnow’s daily, flagship CRE newsletter. Register here to get The First Draft in your...DealIn Likely a Culver City Record, Black Equities Buys Multifamily Asset for $106MJul 10, 2026Stanley Black’s Beverly Hills-based investment firm is closing on a nine-figure mixed-use acquisition in another small city a few miles away.TenantsBankruptcies Are Rising, Putting More Real Estate Up For NegotiationJul 10, 2026Reemerging inflation and stubbornly high interest rates — paired with shifting consumer preferences — are driving a surge in corporate bankruptcy filings, resulting in widespread real estate portfolio cullings and restructurings.IndustrialDenver's Population Slowdown Is A Hurdle For Otherwise Stable Industrial MarketJul 10, 2026The local industrial market has remained stable amid economic uncertainty, but experts speaking at Bisnow’s Denver Industrial Outlook said population growth is needed to make Denver a top-tier market.JLL Finds 'Remarkable Change' In Greater Boston's Lab DemandJul 10, 2026The life sciences real estate sector in Greater Boston still has a deep hole to dig out of, with millions of square feet of lab buildings sitting vacant, but a new report shines a positive light on the future of the market’s demand.OfficeBowser Unveils Suite Of Proposals To Revamp D.C. Housing PolicyJul 10, 2026D.C. Mayor Muriel Bowser is leaving office in six months, but she’s full steam ahead on her effort to revamp the city’s housing policy.TenantsTarget to Debut 128K-SF Firestone StoreJul 10, 2026Target has regained its luster. After a few years of declining sales, the company is on the rebound and is opening 300 new US stores by 2035.LendingDouglaston Realty Offloads 7 Cornelia Street in West Village for $25MJul 10, 2026A business partner involved with the owner of the SoJo Spa Club in New Jersey signed mortgage documents tied to the sale of a West Village building, according to property records.CentersCaruso Sets Mid-August Reopening for Palisades VillageJul 10, 2026Caruso has set Saturday, August 15 for the grand reopening of Palisades Village, the Pacific Palisades shopping center that closed after the January 2025 wildfires swept through the community.LendingMedicalSiemens Financial, First Horizon Lend $65M on Palm Beach Gardens Medical ComplexJul 10, 2026Siemens Financial and First Horizon have supplied $64.8 million of construction financing to develop a hospital and medical outpatient complex in Florida’s Palm Beach County, Commercial Observer has learned.DealMavik Capital Looks To Raise $1B, Targeting Distressed Real EstateJul 10, 2026Investment firm Mavik Capital Management is looking to raise capital for a new distress fund. The New York-based firm seeks to raise $1B to acquire distressed commercial real estate assets, Bloomberg reported. The money will go into a new fund called...IndustrialDimension Moving Ahead on 3-Building N. Phoenix Industrial ParkJul 10, 2026Dimension Financial Realty and Investments hopes to add its footprint to the burgeoning North Phoenix.