Net lease news – page 162

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LendingOfficeJemal Equities Refinances D.C. Office Building With $27M CMBS LoanJul 10, 2026Jemal Equities has landed a $27 million commercial mortgage-backed securities loan for 1750 H Street NW in Washington, D.C., Commercial Observer has learned.DealGoodman Real Estate Sells Two Apartment Communities Near Seattle for $172MJul 10, 2026SEATTLE AND REDMOND, WASH. — Goodman Real Estate has sold two multifamily properties near Seattle for a combined total of $172 million. Eli Hanacek, Kyle Yamamoto and Natalie Kasper of CBRE represented the Seattle-based seller in both transactions.TenantsBall Ventures, B&T Hospitality Open 143-Room Dual-Branded Hotel in Pleasant Grove, UtahJul 10, 2026PLEASANT GROVE, UTAH — Ball Ventures and B&T Hospitality have opened a 143-room dual-branded hotel in Pleasant Grove, located north of Provo. The hotel, which carries the Tru by Hilton and Home2 Suites by Hilton brands, is located at 1138 S.DealGelt Venture Partners Buys 117-Unit Drexler Townhomes in Lehi, UtahJul 10, 2026LEHI, UTAH — Gelt Venture Partners (GVP) has purchased Drexler Townhomes, a Class A townhome community located south of Salt Lake City. The original developer sold the property for an undisclosed price in an off-market transaction.DealGroceryJLL Arranges $20.5M Sale of Crown Valley Mall in Laguna Niguel, CaliforniaJul 10, 2026LAGUNA NIGUEL, CALIF. — JLL Capital Markets has arranged the $20.5 million sale of Crown Valley Mall, a grocery-anchored retail center located near Laguna Beach.1031Opportunity Zone 2.0: Beefing Up an Investment ToolJul 10, 2026Congress created the Opportunity Zone program as part of the Tax Cuts and Jobs Act of 2017. The initial Qualified Opportunity Zone (QOZ) program offered tax incentives to investors who invested capital gains from the sale of assets into a Qualified Opportunity Fund (QOF).Digging into the Labor Outlook and What it Means for CREJul 10, 2026Headlines announcing the Bureau of Labor Statistics’ employment numbers tend to forget one thing: Those numbers are preliminary, only.DevelopmentIs Space the Next Frontier for Data Centers?Jul 10, 2026The explosive demand for artificial intelligence and cloud computing has led to an unprecedented data center construction boom.The Sunbelt and Multifamily: Oversupply Isn’t the Whole StoryJul 9, 2026For the past two years, one word has dominated conversations about the Sunbelt apartment market: oversupply. The numbers behind the narrative are real.DealRivani Sells Wynwood Jungle Retail Building in Miami for $26MJul 9, 2026Prominent real estate investor Robert Rivani has sold the Wynwood Jungle retail building in Miami for $25.7 million, property records show. Tabani Group purchased the 39,000-square-foot property between 75 and 43 Northwest 23rd Street, west of North Miami Avenue.DealAscendant Capital Partners Acquires Virginia Hotel PortfolioJul 9, 2026Ascendant Capital Partners has acquired an eight-hotel portfolio from Coastal Hospitality Associates, LLC. The Portfolio comprises 965 predominantly beachfront rooms across six hotels in Virginia Beach and two hotels in the Outer Banks.New York People and Company News, Week of July 10, 2026Jul 9, 2026The post New York People and Company News, Week of July 10, 2026 appeared first on Connect CRE.TenantsOfficeReport: Seattle Office Leasing Activity Exceeds 2.4M SF in Q2 2026Jul 9, 2026The Seattle area office market continued to gain momentum in Q2 2026, with quarterly leasing activity reaching 2.4 million square feet, surpassing Q1 levels and bringing first-half activity to 4.6 million square feet, according to a recent report by Savills.California People and Company News, Week of July 10, 2026Jul 9, 2026The post California People and Company News, Week of July 10, 2026 appeared first on Connect CRE.SURVEY: Neutral Is The New Normal For CRE InvestorsJul 9, 2026Top leaders in commercial real estate finance aren’t exactly sanguine about the year ahead, but they are at least feeling less pessimistic, a new CRE Finance Council survey found.Chicago/Midwest People & Company News, week of July 10, 2026Jul 9, 2026Sherman Associates announced four promotions within its development team.DealPantzer Acquires Class A Multifamily in Downtown StamfordJul 9, 2026A CBRE team led by Jeffrey Dunne, Eric Apfel, Stuart MacKenzie, Travis Langer, and Eric Greenberg closed the sale of Stamford Urby, a 641-unit Class A multifamily community in downtown Stamford, CT, for $221,000,000. CBRE exclusively represented the seller.TenantsOfficeNvidia Signs Downtown D.C. Office Lease as Trophy Buildings OutperformJul 9, 2026The most valuable company in the country is expanding its presence in the nation’s capital. Nvidia signed an office lease in Washington, D.C., to become the latest technology company to take space in the District while demand concentrates in the market’s premier buildings.Bobby Zar Snaps Up 827 Broadway for $19M Via Short SaleJul 9, 2026There’s a changing of the guard in Greenwich Village. Bobby Zar’s ZG Capital Partners has snapped up the interconnected buildings at 827-831 Broadway, plus 47 East 12th Street, for $18.5 million via a short sale, sources told Commercial Observer.Representative imageTenantsOfficeNBCUniversal Renews 244K-SF Offices at 1221 Avenue of the AmericasJul 9, 2026NBCUniversal is keeping its massive office near Rockefeller Center. The mass media and entertainment conglomerate has renewed its 244,185-square-foot lease at Rockefeller Group’s 1221 Avenue of the Americas, according to a second-quarter office report from CBRE.