Net lease news – page 187

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Texas People & Companies, June 26, 2026Jun 25, 2026The post Texas People & Companies, June 26, 2026 appeared first on Connect CRE.Why Midwest Stability Continues to Attract Commercial Real Estate InvestorsJun 25, 2026For much of the past several years, commercial real estate investors have navigated a market defined by uncertainty.IndustrialTranswestern Completes 321,104 SF Industrial Project in North HoustonJun 25, 2026HOUSTON — Transwestern has completed Imperial Crossing, a two-building, 321,104-square-foot industrial project located at the intersection of Richey Road and Imperial Valley Drive in North Houston.Representative imageDealPCC Acquires 252-Unit Multifamily Complex in San Antonio, Plans Capital ImprovementsJun 25, 2026NEW BRAUNFELS, TEXAS — Metro Denver-based investment firm Platte Canyon Capital (PCC) has acquired Northwood Apartments, a 252-unit multifamily complex located northeast of San Antonio in New Braunfels.LendingOfficeCirrus Real Estate Partners Supplies $100M Refi on Palm Beach Gardens Office ComplexJun 25, 2026Miami developer Gatsby Florida has sealed a $100.4 million loan to refinance Divosta Towers, a Palm Beach Gardens office complex, four years after landing a $90 million recapitalization for the 217,208-square-foot asset, Commercial Observer has learned.Representative imageDealOfficeCushman & Wakefield Negotiates 172,089 SF Office Lease in IrvingJun 25, 2026IRVING, TEXAS — Cushman & Wakefield has negotiated a 172,089-square-foot office lease in Irving’s Las Colinas district. The new tenant, religious nonprofit organization Mercury One, will occupy the entirety of the building at 6655 N. MacArthur Blvd., which was developed in 1997.Representative imageDealCentersMarcus & Millichap Brokers Sale of 13,611 SF Retail Strip Center in San Marcos, TexasJun 25, 2026SAN MARCOS, TEXAS — Marcus & Millichap has brokered the sale of Centerpoint Plaza, a 13,611-square-foot retail strip center in San Marcos, located roughly midway between Austin and San Antonio.DealEaton Vance Spins Off 196-Unit Franklin Apartment ComplexJun 25, 2026Camden Property Trust paid $43.5 million for Camden Franklin, a 196-unit community in Franklin, Tenn. Eaton Vance Real Estate sold the property after an 11-year hold. Commercial Search reports the company paid $37.3 million for it in 2015.Partnership Completes Phase I of Boston Mixed-Use DevelopmentJun 25, 2026BOSTON — A partnership between Harvard University and New York City-based real estate giant Tishman Speyer, as well as Tishman Speyer’s life sciences affiliate Breakthrough Properties, has completed Phase I of a mixed-use development in Boston’s Allston neighborhood.DealCBL Sells Land at CoolSprings Galleria Mall in Metro Nashville to Greystar for 361-Unit Apartment DevelopmentJun 25, 2026FRANKLIN, TENN. — CBL Properties, a publicly traded mall REIT based in Chattanooga, Tenn., has sold a 5.4-acre parcel at CoolSprings Galleria, a nearly 1.2 million-square-foot regional shopping mall in metro Nashville.DealIndustrialManova Partners Acquires 306,280 SF Industrial Facility in Portland, TennesseeJun 25, 2026PORTLAND, TENN. — Manova Partners has acquired Gateway 65, a 306,280-square-foot industrial facility located along Vaughn Parkway in Portland, about 39 miles north of Nashville in Robertson County.DealGroceryJLL Brokers $23.5M Sale of Aldi-Anchored Shopping Center in Port Charlotte, FloridaJun 25, 2026PORT CHARLOTTE, FLA. — JLL has brokered the $23.5 million sale of Promenades Port Charlotte, a grocery-anchored shopping center located at 3280 Tamiami Trail in Port Charlotte.LendingCronheim Mortgage Arranges $20.7M Loan for Apartment Community in Myrtle BeachJun 25, 2026MYRTLE BEACH, S.C. — Cronheim Mortgage has arranged $20.7 million in permanent financing for The Brixley, a 149-unit apartment community in Myrtle Beach.LendingOfficeJLL Arranges $42M Loan for Refinancing of Midtown Manhattan Office BuildingJun 25, 2026NEW YORK CITY — JLL has arranged a $42 million loan for the refinancing of The Nelson Tower Building, a 510,304-square-foot office complex located at 450 Seventh Ave. in Midtown Manhattan.LendingDeveloper Begins Work on 476-Unit Delray Beach Rental CommunityJun 25, 2026North American Development Group (NADG) broke ground on NUVO Delray Beach, an apartment complex in the Agricultural Reserve west of Delray Beach. The South Florida Business Journal reports Wells Fargo Bank was the lender of the $120 million construction loan.Representative imageLANDMARK Nears Completion of 100-Unit Multifamily Project in Plainfield, New JerseyJun 25, 2026PLAINFIELD, N.J. — Local developer LANDMARK is nearing completion of CENTURION Sleepy Hollow, a 100-unit multifamily project located in the Northern New Jersey community of Plainfield.Representative imageDealICON Real Estate Advisors Negotiates $7.5M Sale of Newark Apartment BuildingJun 25, 2026NEWARK, N.J. — Local brokerage firm ICON Real Estate Advisors has negotiated the $7.5 million sale of a 58-unit apartment building in Newark. The building at 469 Elizabeth Ave. offers one-, two- and three-bedroom units.Fallon Co. Kicks Off $500M Charlotte ProjectJun 25, 2026The Fallon Co. has broken ground on phase one of its mixed-use development called Centre South. The Charlotte Business Journal reports the first phase is a 329-unit, midrise multifamily development called Twelve03 at 1203 S. Caldwell St. in the Dilworth area of Charlotte.MRI Software Expands Data Platform Under New CIO Nihar MalikJun 25, 2026Real estate tech services giant MRI Software announced Thursday that it is rolling out two new artificial intelligence data products. Recently named Chief Innovation Officer Nihar Malik is the man behind the push.LendingWalker & Dunlop Arranges $128M Refinancing for Oregon MF PortfolioJun 25, 2026Walker & Dunlop, Inc. has arranged $128.23 million in refinancing for a four-property, 986-unit multifamily portfolio in Eugene, Oregon. Walker & Dunlop Capital Markets Real Estate Finance arranged the transaction on behalf of an experienced local client.