Net lease news – page 19

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TenantsIndustrial766K-SF Sarasota Cold Storage Facility Available for LeaseSep 23, 2026The former United Natural Foods distribution center at 6100 McIntosh Road in Sarasota is available for lease.DealSwickard Acquires 90% Stake in Portland’s Park Avenue WestSep 23, 2026Jeff Swickard, president and CEO of Swickard Group, has acquired a 90% interest in Park Avenue West, the fourth-largest building in downtown Portland and the latest prominent high-rise in his nearly $250 million investment in the city over the past year.DealCentersNashville Retail Portfolio Trades for $54.3MSep 23, 2026Vintage South offloaded a retail center portfolio made up of two Nashville properties. The 134,000-square-foot package was acquired by LBX Investments for $54.3 million. The Infill Nashville Portfolio comprises Breeze Block at 6100-6110 Robertson Ave.DealDecron Properties Acquires Apartment Property in Los Angeles for $114MSep 23, 2026LOS ANGELES — Locally based Decron Properties has acquired 5550 Wilshire, a 163-unit apartment community in the Miracle Mile area of Los Angeles. According to the Los Angeles Business Journal, the seller was private equity real estate investor GID, headquartered in Atlanta.DealTruAmerica Buys 200-Unit Bridges at San Ramon Multifamily Complex in San Francisco Bay AreaSep 23, 2026SAN RAMON, CALIF. — TruAmerica Multifamily has acquired Bridges at San Ramon, a 200-unit community in San Ramon. With this acquisition, the Los Angeles-based investment firm owns and operates 1,240 units in the San Francisco Bay area. The seller was not disclosed.DevelopmentIndustrialSeefried, WDP Break Ground on 269,100 SF Industrial Park in Chandler, ArizonaSep 23, 2026CHANDLER, ARIZ. — Seefried Industrial Properties, in partnership with WDP Partners, has broken ground on an industrial project at 1703 S. Arizona Ave. in Chandler. ARCO is serving as general contractor for the project, which is slated for completion in third-quarter 2027.DealOfficeCushman & Wakefield Arranges $33.7M Sale of Office Building in Ontario, CaliforniaSep 23, 2026ONTARIO, CALIF. — Cushman & Wakefield has brokered the sale of 901 Via Piemonte, a Class A office building in Ontario. MGR Real Estate purchased the asset from Greenlaw Partners LLC for $33.7 million.DealCBRE Negotiates $60M Sale of Milwaukee Multifamily PortfolioSep 23, 2026MILWAUKEE — CBRE has arranged the sale of St. James Place and Arbor Ridge Apartments, a 374-unit multifamily portfolio in Milwaukee, for $60 million. CBRE’s Sean Beuche, Matson Holbrook and Gretchen Richards represented the seller, Weidner Apartment Homes.DealIndustrialJLL Arranges Sale of 500,406 SF Industrial Building Near IndianapolisSep 23, 2026MOORESVILLE, IND. — JLL Capital Markets has arranged the sale of Westpoint Business Park, Building IV, a 500,406-square-foot sustainable food packaging building in Mooresville near Indianapolis.Representative imageTCB, BHA Complete 223-Unit Multifamily Redevelopment Project in BostonSep 23, 2026BOSTON — The Community Builders (TCB) and the Boston Housing Authority (BHA) have completed a 223-unit multifamily redevelopment project in the state capital’s Jackson Square neighborhood. The project represents Phase I of the redevelopment of the Mildred C.Representative imageDealNorthmarq Expands Investment Platform with Acquisition of Thirdline Capital ManagementSep 23, 2026MINNEAPOLIS — Minneapolis-based Northmarq has acquired Thirdline Capital Management LLC, a registered investment advisor that manages the Thirdline Real Estate Income Fund (TREIX).DealIndustrialLee & Associates Brokers $4.5M Land Sale for Industrial Development in Metro ChicagoSep 23, 2026FRANKLIN PARK, ILL. — Lee & Associates of Illinois has brokered the $4.5 million sale of 4 acres at 11330 W. Melrose Ave. in Franklin Park.Representative imageDealCentersJLL Negotiates Sale of 93,785 SF Shopping Center in Linden, New JerseySep 23, 2026LINDEN, N.J. — JLL has negotiated the sale of The Shops at Legacy Square, a 93,785-square-foot shopping center located in the Northern New Jersey community of Linden.TenantsThe Plan: NYC’s First Flight Club Aims for a Bull’s-Eye at 31 Union Square WestSep 23, 2026The first rule of Flight Club is to find a historically significant building to lease.LendingOfficeFiserv Office Loan Moves To Special Servicing With Lease Expiration LoomingSep 22, 2026Fiserv's Alpharetta lease is slated to expire in August 2027.OfficeGym Operator Speakeasy Accelerates Southern California Ownership PlaySep 22, 2026Speakeasy Fitness is transforming a former office building into a new gym.DevelopmentData Centers Are Making It Harder To Build Everything ElseSep 22, 2026The rise of data centers is exacerbating construction delays and supply chain bottlenecks, creating challenges for developers.How Spirit Halloween Opened More Pop-Ups Than Ever In A Tight Retail MarketSep 22, 2026The retail powerhouse synonymous with spooky season opened a record number of stores in 2026 — more than 1,550 locations.LendingOfficeCenter City Office Building Faces 34% Valuation Cut Amid Foreclosure ProcessSep 22, 2026The lender and borrower are clashing over foreclosure proceedings at Four Penn Center in Philadelphia.DealIndustrialSuburban Manufacturing, R&D Property Sells For $43.5M: The Boston Deal SheetSep 22, 2026Hendrie Lane Capital and its partners bought the Andover asset as part of a new strategy focused on manufacturing and research and development properties.