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Net lease news – page 171
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Prince William County Board Rejects Plan For 1,940-Acre Data Center HubPrince William County has stopped a new massive data center plan from taking shape, just days after Blackstone’s QTS abandoned its Digital Gateway project in the same area.
Representative imageSecurity Company Brivo’s Eeva Aims to Enhance Property SafeguardsFrom backyard intruders to dumpster management, Brivo, a cloud-native artificial intelligence-driven security company, is looking to make commercial and multifamily properties more secure with AI-enchanced video agents.
Shorenstein, Portman Agree to Terms on Nashville Office SaleShorenstein Investment Advisers has purchased the Moore Building, a 245,826-square-foot office property in Nashville, Tenn. Portman Holdings was the seller.
CoreWeave Doubles Headquarters Space to 62K SFCoreWeave has signed a 31,000-square-foot, long-term expansion of its office space at Eastman Companies’ The Eisenhower at 290 W. Mount Pleasant Ave. in Livingston, NJ, less than a year after its initial 31,000-square-foot lease.
Ariel Closes Sale of Upper West Side Section 8 ApartmentsAriel Property Advisors on Monday announced the $75-million sale of Manhattan Valley Apartments, a two-building multifamily portfolio located at 200 Manhattan Ave. and 133 W. 104th St. in Manhattan Valley on the Upper West Side.
Bill Targeting Third-Party Logistics Risks Upending NYC Industrial MarketBashar Yazgi, the CEO and founder of Logistics Xpress, says a bill being considered by the New York City Council would force him to shutter his Bronx warehouse and cut 70% of his staff. The legislation, known as the Delivery Protection Act, would require...
45-Unit Garden Apartment Property Trades in LA’s Palms NeighborhoodNorthmarq’s Los Angeles Investment Sales team of Mike Hanassab, Steven Goldstein and Elliot Hassan arranged the $13.125 million sale of 3717 Cardiff Ave., a 45-unit garden apartment community located in the Palms neighborhood of Los Angeles, near Culver City.
Caribbean Restaurant Concept Brings Everett’s Gateway Center to 100% LeasedUrban Edge Properties said Monday that New York-based Juici Patties, a fast-growing Caribbean restaurant concept, will open at Gateway Center in Everett, MA. The 2,450-square-foot space will be the brand’s first location in Massachusetts.
Auto Parts Distributor Leases 522,267 SF with Invesco in ChinoDAUM Commercial Real Estate Services completed a 522,267-square-foot lease for an industrial facility at 16380 Euclid Ave., Building 3, in Chino, on behalf of an auto parts distribution company.
Denver Apartment Venture Trades at Steep LossThe Civic Lofts apartments in the Golden Triangle area sold at a steep discount. The $30 million sales price was more than half what Centerspace Homes paid for the property in 2021. It traded at $63 million then. FPM Partners was the buyer.
Former Downtown Brooklyn Macy’s Slated for Dramatic Retail MakeoverThe 440,000-square-foot space at Downtown Brooklyn’s 422 Fulton Street — the largest block of retail space currently available in New York City and the former site of a Macy’s department store — will become BKX, a five-floor retail and amusement destination that’s being…
PGIM Sells Coral Gables Office Complex for $98MInsurance giant PGIM has sold the 717,805-square-foot Ponce office complex in Coral Gables, Fla., for $97.8 million.
Industrial Asset in Northwest Indiana Hits the MarketGreenstone Partners announced the exclusive listing of The Avanti, a newly constructed, multi-tenant shallow-bay industrial property located at 503 East 98th Avenue at AmeriPlex at the Crossroads business park in Merrillville, Indiana.
Priority Capital Advisory Closes $11M to Recapitalize Madison Hotel-to-MF ConversionZachary Streit, Founder and President of Priority Capital Advisory, announced the closing of an $11.5 million senior loan on behalf of REALM and OTR Real Estate for the recapitalization of Vivo Madison, a 153-unit multifamily property located at 517 Grand Canyon Drive in…
Representative imageLaw Firm Loeb & Loeb Expands to 179K SF at Rudin’s 345 Park AvenueA global law firm is growing its office footprint to 178,959 square feet in Midtown East. Loeb & Loeb, which has more than 450 attorneys across the U.S.
105K-SF Cargo Facility Project Planned at Harrisburg International AirportRealterm and the Susquehanna Area Regional Airport Authority announced a strategic partnership to develop a new state-of-the-art, flexible cargo facility at Harrisburg International Airport (MDT).
Representative imageEMP Capital Group Plans to Build 176 Units in Astoria as Part of Mega-DevelopmentEMP Capital Group is forging ahead with its plan to bring new residential buildings to Astoria, Queens.
Citigroup Refis East Flatbush Apartments With $35M LoanDeveloper Jacob Rosenberg has landed a $35 million loan to refinance a newly built multifamily property in Brooklyn’s East Flatbush neighborhood. Citigroup supplied the loan for the 95-unit apartment building at 406 Remsen Avenue that was completed in 2024. PincusCo.
Affinius Capital Supplies $180M for Jersey City Multifamily TowerThe Jersey City, N.J., building boom continues unabated, this time in the growing Journal Square submarket.
Joint Efforts: Dearth Of Equity Investors Pushes NYC CRE's Biggest Players To Team UpNew York City’s top real estate owners are suddenly more willing to slice off a piece of their pie, shedding stakes in marquee assets. They’re not exiting the market — in fact, it’s the opposite. At a time when traditional equity sources have...