Net lease news – page 179

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LendingWalker & Dunlop Arranges Loan for Final Phase of Yonkers Master-Planned ProjectJun 30, 2026Walker & Dunlop arranged a $68.75-million construction loan to finance the development of Miroza Tower 4, a luxury multifamily tower to be built in Yonkers, NY.DealNatick Retail Offers “Strong Long-Term Opportunity” to New OwnerJun 30, 2026ABG Commercial Realty arranged the sale of a 20,300-square-foot retail property located at 321 Worcester St. (Route 9 West) in Natick, MA. The property was sold by PEC Realty LLC to Empire Management Corporation for $7.25 million. ABG SVP Bernard Gibbons represented the buyer.TenantsCentersLaw Firms, AI Company Sign Leases at Elecor’s One Market PlazaJun 30, 2026Elecor Properties, rebranded from Paramount Group, has secured four leases totaling 149,914 square feet at the two-building One Market Plaza in San Francisco since the beginning of the year.Representative imageDealCharney Companies Buys 143 Roebling Street in Williamsburg for $20MJun 30, 2026Prolific developer Charney Companies has acquired a historic residential building in Williamsburg, Brooklyn, Commercial Observer has learned.LendingThe Bond Market Is Taking the Fed’s Hawkish CueJun 30, 2026Executive Summary Kevin Warsh’s arrival as Fed chair is reinforcing a more hawkish tone and a deliberate shift toward letting markets take the lead in pricing interest rates. Bond investors appear to be accepting that invitation.Representative imageDevelopmentSimon Property Group Wants to Build Mixed-Use Dev at Boca Raton MallJun 30, 2026Simon Property Group wants to expand its 1.7 million-square-foot indoor mall in Boca Raton, Fla., by replacing a shuttered Sears department store with a mixed-use development featuring housing and a hotel.TenantsShorenstein Relocates HQ to 6K SF at 45 East 53rd StreetJun 30, 2026Real estate owner and operator Shorenstein is departing its longtime home at 850 Third Avenue for a full-floor lease at 45 East 53rd Street, Commercial Observer has learned.LendingLender Offloads 301-Unit Tucson Apartment AssetJun 30, 2026A lender-owned Tucson apartment complex traded for $32 million, well below what the previous buyer paid for the development four years earlier.CentersBooming Buckeye Slated for 114K-SF Retail CenterJun 30, 2026Retail developers count rooftops, and Buckeye is one of the nation’s fastest-growing cities. Buckeye’s population has increased by over 41% since the 2020 census to over 131,000.LendingCMBS Loan Backed by Moinian Group’s 2 Washington Street Sent to Special ServicingJun 30, 2026One of the Moinian Group’s premier properties is now in the hands of special servicing.62 Real Estate Insiders On A Year That Took A Turn, And What They're Doing About ItJun 30, 2026LendingDwight Capital Closes Two Corpus Christi Loans Totaling $96MJun 30, 2026Dwight Capital has closed two HUD 223(f) refinance loans totaling $96MM for a pair of garden-style apartment communities in Corpus Christi, TX: A $48.2 million loan financed La Joya by Azali, a 336-unit waterfront co millionunity comprising 14 three-story residential buildings…DevelopmentKennedy Wilson, Jamison Partner to Deliver 4,000 Affordable Units Across LAJun 30, 2026Kennedy Wilson and Jamison said Tuesday they had formed a strategic partnership with plans to deliver 4,000 affordable housing units across Los Angeles through adaptive reuse and ground-up construction.LendingFocus, Bradford Allen Ink $135M Tampa Bay Construction LoanJun 30, 2026Focus and Bradford Allen closed on a $135 million construction loan to fund development of 275 5th Street in downtown St. Petersburg. Affinius Capital originated the loan. The 24-story, Class A multifamily property will feature 373 apartments and 6,384 square feet of retail.C-storeBuc-ee’s Reveals Locations of Five New SE USA StoresJun 30, 2026Since soccer tourists started arriving in the US from countries with World Cup teams, Buc-ee’s has become a social media phenomenon. What used to be a quaint regional novelty has become an international symbol of America’s uniqueness.DevelopmentJPI Moving Forward on $113M McKinney Apartment VentureJun 30, 2026JPI closed on the land to develop Jefferson Terry, a 393-unit community in McKinney. The Dallas Business Journal reports the $113 million project will be located on a 16-acre site at the southeast corner of U.S. Highway 380 and Terry Lane.Mamdani, Menin Finalize City Budget With Increased Housing Voucher FundingJun 30, 2026Mayor Zohran Mamdani and New York City Council Speaker Julie Menin have had a rocky start, but one thing they do agree on is a balanced budget.DevelopmentPOAH, Dorchester Bay EDC Break Ground on Mixed-Use AffordableJun 30, 2026Preservation of Affordable Housing (POAH) and Dorchester Bay Economic Development Corporation (DBEDC) have broken ground for Columbia Crossing, a mixed-use development at the site of the historic Dorchester Savings Bank Hall on Columbia Road in Upham’s Corner.DealMedicalMarcus & Millichap Closes Louisville MOB Portfolio TransactionJun 30, 2026Marcus & Millichap announced the sale-leaseback of a three-building, 34,313-square-foot medical office portfolio in the Louisville MSA. The portfolio sold for a little more than $6.2 million.LendingOfficeStonelake Lands $135M Refi on Domain TowerJun 30, 2026Stonelake Capital has closed on a $135 million refinancing for Domain Tower 2, a 332,000 square foot office tower that rises 24 stories in Austin’s Domain district. The loan was issued by Barings. Commercial Search reports JP Morgan held the previous, 2023-originated debt.