Net lease news – page 17

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DevelopmentRetail Is In Growth Mode Again, But Construction Isn't Keeping UpSep 23, 2026Retail in the U.S. is booming with new store openings, but construction is lagging due to high costs, creating expansion challenges.TenantsSephora Relocates Meatpacking District Store with Long-Term LeaseSep 23, 2026Taconic Partners and Nuveen Real Estate signed a long-term lease with Sephora for approximately 4,200 square feet of ground-floor retail space at 401 W. 14th St. in Manhattan’s Meatpacking District.The Bisnow UK Real Estate Influence List: 26 People Dominating The SectorSep 23, 2026Celebrating UK's top real estate leaders shaping the market's future. Join us for the 10th annual London event.LendingIndustrialAvatar Furnishes Bridge Loan on Fully Leased Santa Ana WarehouseSep 23, 2026Avatar Financial Group LLC provided a $4.75-million bridge loan secured by a fully leased warehouse and distribution building in Santa Ana. The two-year, first-lien loan was originated at approximately 60% loan-to-value.LendingOfficeGeorge Comfort & Sons Refinances 200 Madison for $386MSep 23, 2026George Comfort & Sons, and its partners Loeb Partners Realty and Jamestown, completed a $386-million refinancing of 200 Madison Ave., a 750,000-square-foot Grand Central district office tower.DealOfficeZurich Affiliate Acquires San Francisco Offices with Leasing UpsideSep 23, 2026Cushman & Wakefield has arranged the sale of 410 Townsend, a historic 78,455-square-foot office building in downtown San Francisco.DealJLL Arranges JV Equity, Acquisition Debt on Jersey City MultifamilySep 23, 2026JLL Capital Markets arranged joint venture equity and acquisition financing for Jasmin Terrace II, a 56-unit, newly built, luxury apartment building in Jersey City. Senior Managing Directors Thomas R.LendingDevens Site Will Yield 65 Affordable ApartmentsSep 23, 2026MassDevelopment has signed a letter of intent with Metro West Collaborative Development, a nonprofit affordable housing developer, for the sale of a 6.6-acre site at Adams Cir. in Devens. Metro West Collaborative Development intends to build 65 new apartments on the site.1031QSRSRS Closes 1031 Deal for New-Construction Chick-fil-ASep 23, 2026SRS Real Estate Partners completed the $4.72-million ground lease sale of a Chick-fil-A property located at 560 W. Shaw Ave. in Clovis. Situated on 2.19 acres, the 4,847-square-foot property was developed in 2026 and has a 15-year, absolute triple net ground lease in place.Massive Union Square Steakhouse Delayed By 'Debris,' Lawsuit ClaimsSep 23, 2026The steakhouse is fighting to keep its space after its landlord accused it of defaulting on rent payments.DFW's Top Malls Are Thriving, Drawing More Visitors And Rising In ValueSep 23, 2026Dallas-Fort Worth malls gain visitor traction and investor interest, proving mall resurgence with exclusive retail experiences.DealIndustrialHendrie Lane JV Acquires Andover Manufacturing PortfolioSep 23, 2026Hendrie Lane Capital, V12 Investments, and The Zaro Group acquired 3 & 6 Riverside Dr., a two-building, 170,771-square-foot research and development and advanced manufacturing portfolio in Andover, MA, for $43.5 million. The seller was Ciminelli Real Estate Corporation.LendingCentersHudson Bay Capital Refis Microsoft-Anchored SoHo Building With $85M LoanSep 23, 2026InterVest Capital Partners has sealed an $85 million loan to refinance an mixed-use office and retail property leased largely to Microsoft in Manhattan’s SoHo neighborhood, Commercial Observer has learned.DealCIP Pays $61M for San Gabriel Valley Business ParkSep 23, 2026CIP Real Estate has acquired a multi-use business center in the supply-constrained San Gabriel Valley submarket for $60.65 million.TenantsOfficeNomic AI Inks 5K-SF Deal at 99 University Place Near Union SquareSep 23, 2026Four tenants have signed office deals adding up to 15,593 square feet at a 10-story office building near Manhattan’s Union Square, Commercial Observer has learned.NYC Launches Public Review of Plan for 4,000 Apartments on City-Owned SiteSep 23, 2026The Mamdani administration has launched public review of the redevelopment of 100 Gold St. in Lower Manhattan, a major step toward transforming a city-owned site into approximately 4,000 new homes, including around 1,000 permanently affordable, rent-stabilized homes.Representative imageLendingDollarWells Fargo Supplies $456M Refi for Family Dollar’s Distribution Center PortfolioSep 23, 2026The owners of Family Dollar have secured $455.7 million to refinance existing loans on its 7.1 million-square-foot portfolio of leased distribution centers, Commercial Observer has learned.LendingKroenke's Manhattan Mini Storage Lands $2.1B Refinancing For 54,000 UnitsSep 23, 2026NYC's largest storage provider secures $2B CMBS financing, despite increased industry scrutiny.OfficeConduct AI Takes 7K SF at Capstone’s 140 Crosby Street for First U.S. OfficeSep 23, 2026A London-based artificial intelligence firm developing enterprise software is establishing its first U.S. office presence in Manhattan’s SoHo neighborhood, Commercial Observer has learned.Representative imageCentersZara Doubles Footprint at a Macerich Shopping Center in Los Angeles CountySep 23, 2026Fashion firm Zara is more than doubling its footprint at a Southern California shopping center.