Net lease news – page 175

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CentersDiversified Partners Advances 163-Acre Retail Center Development in Mesa, ArizonaJul 2, 2026MESA, ARIZ. — Diversified Partners is advancing the development of Destination at Gateway, a 163-acre retail center located at Signal Butte Road in Mesa. The project will include two components: 24 Auto Row, an 80-acre, purpose-built auto mall, and an adjacent power center.LendingGantry Arranges $15.4M in Financing for Two Retail Properties in Monterey Bay RegionJul 2, 2026SALINAS AND CAPITOLA, CALIF. — Gantry has arranged $15.4 million in permanent loans to refinance two separately owned neighborhood retail properties located at different ends of the Monterey Bay region.DealCentersPhoenix Commercial Advisors Directs $10.7M Sale of Retail Center in Surprise, ArizonaJul 2, 2026SURPRISE, ARIZ. — Phoenix Commercial Advisors has directed the $10.7 million sale of Grand Village Center, a necessity-based retail center in Surprise. The asset traded for $203 per square foot.DealTrinity Acquires 300-Unit Sandy Springs Apartment ComplexJul 2, 2026Trinity Property Consultants acquired the residential tower at 789 Hammond Drive in Sandy Springs for $53 million.TenantsHouston Retail Market Remains Healthy as Retail Demand Fills Existing, New SpacesJul 2, 2026Houston’s retail market as of mid-year 2026 reported healthy marketwide occupancy of 95.2 percent, largely due to highly occupied new development in combination with expanding retailers absorbing existing vacancies. Additionally, the market is seeing limited chain closings.LendingMortgage Lenders Scramble To Prove They're Policing Their Own AIJul 2, 2026On its path to ubiquity, artificial intelligence has seeped into mortgage lending. Regulators are racing to catch up.The same forces in the tech world that created the “move fast and break things” ethos are driving AI’s adoption today. With no overarching...IndustrialFoundry Commercial to Undertake Office-to-Industrial Conversion in DallasJul 2, 2026DALLAS — Foundry Commercial, an Orlando-based development and brokerage firm, will undertake an office-to-industrial conversion project in Dallas.Representative imageDevelopmentIndustrialQuantum Space Begins Redevelopment of Historic Aerospace Building in Tulsa, OklahomaJul 2, 2026TULSA, OKLA. — Spacecraft company Quantum Space has begun redeveloping the Spartan Building, a historic aerospace property in Tulsa, for conversion into a spacecraft manufacturing facility.Representative imageDealLifeCare Sells 115-Unit Seniors Housing Property in Tyler, TexasJul 2, 2026TYLER, TEXAS — LifeCare has sold The Blake at Tyler, a 115-unit seniors housing property located about 100 miles east of Dallas. The Blake at Tyler opened in 2024 and houses 72 independent living unit and 43 memory care residences.Representative imageDealCentersJLL Brokers Sale of 29,986 SF Retail Strip Center in Katy, TexasJul 2, 2026KATY, TEXAS — JLL has brokered the sale of Firethorne Plaza, a 29,986-square-foot retail strip center in the western Houston suburb of Katy.Representative imageDealIndustrialMarcus & Millichap Brokers $54.2M Sale of Long Island Industrial PortfolioJul 2, 2026LONG ISLAND, N.Y. — Marcus & Millichap has brokered the $54.2 million sale of a portfolio of five industrial properties totaling 275,938 square feet on Long Island. Located in Farmingdale, Hicksville and Oceanside, the properties range in size from 28,000 to 100,000 square feet.Representative imageDealOfficeKislak Negotiates 26,653 SF Office Headquarters Lease in New Providence, New JerseyJul 2, 2026NEW PROVIDENCE, N.J. — Locally based brokerage firm The Kislak Co. Inc. has negotiated a 26,653-square-foot office headquarters lease in New Providence, about 30 miles west of New York City.Representative imageTenantsOfficeArgentic Investment Management Signs 13,000 SF Office Lease in Manhattan’s Flatiron DistrictJul 2, 2026NEW YORK CITY — Argentic Investment Management has signed a 13,000-square-foot office lease in Manhattan’s Flatiron District. The financial services firm will occupy the entire 20th floor the Gramercy Park Building, a 238,000-square-foot structure at 257 Park Ave.DevelopmentIndustrialPrologis to Build 454,000 SF Spec Industrial Development in Suburban ChicagoJul 2, 2026GLENDALE HEIGHTS, ILL. — Prologis has acquired 26.2 acres of land in Glendale Heights with plans to build a speculative industrial development consisting of two Class A logistics facilities totaling 454,000 square feet.LendingGantry Arranges $32.5M Permanent Loan for Kansas City Multifamily PropertyJul 2, 2026KANSAS CITY, MO. — Gantry has arranged a $32.5 million permanent loan as construction takeout financing for the Edison at Tiffany Springs, a multifamily community delivered in 2022 in Kansas City’s Tiffany Springs/Northland area.IndustrialStandard, Endeavor Complete 174,288 SF Cobalt Business Center in Metro MinneapolisJul 2, 2026MENDOTA HEIGHTS, MINN. — Standard Real Estate Investments LP and Endeavor Development have completed Cobalt Business Center, a 174,288-square-foot industrial facility in the Minneapolis suburb of Mendota Heights.LendingSegro Agrees £3B JV With PSP: The London Deal SheetJul 2, 2026The Deal Sheet is a weekly compilation of Greater London and beyond's biggest leases, sales, financing deals, construction updates and personnel moves. Have news you’d like to submit? Email mark.faithfull@bisnow.com. Segro has agreed heads of terms...TenantsOfficeBest First Half For NYC Offices Since 2002 Puts Landlords Back In ControlJul 1, 2026The Knicks weren't the only outfit in New York to go on a historic winning streak this spring. The office market closed out the first half of the year with a run of leasing activity that hasn't been seen in the Big Apple since 2002.LendingRetail, Multifamily CMBS Delinquencies Rise in June as Overall Rate Moves LowerJul 1, 2026The Trepp CMBS Delinquency Rate decreased by 20 basis points to 7.35% in June 2026, led by a large lodging cure. However, three of the five major property types saw increases in their delinquency rates during the month, while two moved lower.LendingReturn to Lender: Week of July 2, 2026Jul 1, 2026The post Return to Lender: Week of July 2, 2026 appeared first on Connect CRE.