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Net lease news – page 196
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MRC Provides $480M in Financing for Office-to-Residential Conversion Project in Midtown ManhattanNEW YORK CITY — Madison Realty Capital (MRC) has provided $480 million in financing for an office-to-residential conversion project in Midtown Manhattan.
Representative imageTredway Buys 168-Unit Affordable Seniors Housing Complex in Peekskill, New York, Plans RehabilitationPEEKSKILL, N.Y. — New York-based owner-operator Tredway has purchased a 168-unit affordable seniors housing complex in Peekskill, about 50 miles north of New York City. The property at 901-907 Main St.
Representative imageCushman & Wakefield Brokers $17M Sale of Office Building in West Orange, New JerseyWEST ORANGE, N.J. — Cushman & Wakefield has brokered the $17 million sale of a 129,298-square-foot office building in West Orange, about 20 miles west of New York City.
Representative imageSher Tremonte LLP Signs 26,405 SF Office Lease Renewal in Lower ManhattanNEW YORK CITY — Law firm Sher Tremonte LLP has signed a 10-year, 26,405-square-foot office lease renewal in Lower Manhattan’s Financial District. The space spans the entire 22nd and 23rd floors of the 410,000-square-foot building at 90 Broad St.
Related Group Breaks Ground on 24-Story Apartment Tower in Downtown TampaTAMPA, FLA. — Related Group has broken ground on Manor Riverwalk, a 24-story apartment tower located at 101 S. Parker St. in downtown Tampa.
Logistics Property Co. Signs Two Tenants at Gainesville 85 Business Center in Northeast GeorgiaGAINESVILLE, GA. — Industrial owner-operator Logistics Property Co. has signed two tenants to new leases at Gainesville 85 Business Center, an industrial park located in the I-985 Northeast Atlanta submarket.
Kolter Multifamily Begins Construction on 386-Unit Apartment Community in Delray Beach, FloridaDELRAY BEACH, FLA. — Kolter Multifamily, a residential development affiliate of the Kolter Group, has begun construction on Alton Delray, a 386-unit apartment community located in South Florida between Fort Lauderdale and West Palm Beach.
Capital Group Buys 55-Story Corporate Office Headquarters in Downtown Los Angeles for $210MLOS ANGELES — Local fund manager Capital Group has purchased its corporate headquarters, an office tower located at 333 S. Hope St. in downtown Los Angeles, for $210 million. Capital Group has occupied a portion of the 55-story asset since 1978.
Representative imageCenterCal Properties Unveils Plans for Expansion of 1 MSF Mixed-Use Development Near Boise, IdahoMERIDIAN, IDAHO — CenterCal Properties has unveiled plans for the expansion of The Village at Meridian, a 1 million-square-foot mixed-use development located in Meridian, roughly 10 miles west of downtown Boise.
Transwestern Investments Sells 93,262 SF Medical Outpatient Facility in Gilbert, ArizonaGILBERT, ARIZ. — Transwestern Investments has sold Copper Point, a 93,262-square-foot medical outpatient property in Gilbert. Terms of the transaction were not released. Transwestern purchased the asset in April 2025 through a joint venture with RX Health & Science Trust.
Marcus & Millichap Arranges $6.7M Sale of 28-Unit Multifamily Property in San FranciscoSAN FRANCISCO — Marcus & Millichap has brokered the sale of 1275-1281 8th Ave., a 28-unit multifamily property in San Francisco. A private family trust sold the asset to local value-add investors for $6.7 million, or $237,500 per unit.
Representative imageKLNB Arranges Leases With Aldi, Other Retailers at Retail Development in Stafford, VirginiaSTAFFORD, VA — Mid-Atlantic commercial real estate brokerage firm KLNB has arranged multiple retail leases for the Market at Austin Ridge, a shopping center underway in Stafford. The new leases are with Aldi, Texas Roadhouse, Sheetz and Flagship Carwash.
Real Capital Solutions Acquires Minneapolis Office Property for $34MMINNEAPOLIS — Real Capital Solutions (RCS) has acquired 3701 Wayzata Boulevard, a 308,681-square-foot office property in the Urban West End neighborhood of Minneapolis, for $34 million.
Housing Affordability Through RVs and Travel TrailersJust about everyone connected with politics, finance, think tanks and real estate developers and owners has had the conversation about housing authority.
The Human Side of Automation in Multifamily Property ManagementOnce upon a time, multifamily property management relied almost entirely on people. Leasing agents fielded rental inquiries, property managers oversaw lease agreements, maintenance teams handled repairs, and staff juggled schedules.
Can Brownfield Sites Support Data Centers?Brownfield sites are defined as underused or abandoned land affected by environmental issues.
Survey Reports Robust Leasing and Design Investments in the Legal Office SectorUnlike many other office-reliant industries, the legal sector is doing quite well due to strong demand for services, continued revenue growth and a commitment to in-person work.
Colliers Facilitates Sale of 118-Unit Apartment Property in BozemanColliers announced the sale of Silver Creek Apartments, a 118-unit multifamily community located at 1481 North 25th Avenue in Bozeman, Montana.
Highlights from Connect Midwest Multifamily Trends 2026: Development, Construction, Operations, PropTech & Design Trends for the Modern Renter (VIDEO)At the recent Connect Midwest Multifamily Trends 2026, hundreds of industry professionals gathered to hear from leaders across the multifamily sector to discuss trends.
Donaldson Impact Investments, NYL Acquire Yorkshire ApartmentsDonaldson Impact Investments, in partnership with New York Life Investment Management and Housing Initiative Partnership, announced the acquisition of Yorkshire Apartments, a 326-unit garden-style community in Silver Spring, Maryland.