Net lease news – page 20

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JLL Lists Chelsea’s Rubin Museum for SaleSep 22, 2026JLL has been retained by the Rubin Museum of Himalayan Art to market its New York City flagship location for sale. Located at 140–154 W. 17th St.LendingOfficeGantry Arranges Life Company Loan on Temecula OfficesSep 22, 2026Gantry has secured a $9-million life company loan to retire a CMBS loan on Vail Ranch Town Square, a low-rise suburban office building located at 32605 Temecula Pkwy. in Temecula.Brooklyn Navy Yard Brings New Rotation of Small Businesses to Yard Opportunity ShopSep 22, 2026The Brooklyn Navy Yard Development Corporation (BNYDC) announced the third rotation of small businesses at its Yard Opportunity Shop (YOS) storefront.DealValue-Add Rentals Go for $13M in El CajonSep 22, 2026Marcus & Millichap closed the sale of 229 Shady Ln., a circa-1969, 59-unit multifamily property located in El Cajon. The asset sold for $13.25 million, or $224,576 per unit.The Learning Experience Plans Expansion in NY Tri-State, Upstate NYSep 22, 2026Childcare franchise The Learning Experience plans to add nine locations across the New York Tri-State area and five in Upstate New York over the next 18 months. The company currently operates 43 locations in the Tri-State region.Distyl AI Doubles Its 135 Madison Offices to 30K SF After Less Than a YearSep 22, 2026Software development company Distyl AI has room to grow.DealRetail and Redevelopment Site Comes to Market in Boston’s North EndSep 22, 2026Marcus & Millichap has the exclusive listing for sale of 85-95 Salem St. in Boston’s historic North End neighborhood. Evan Griffith and Tony Pepdjonovic of Marcus & Millichap are leading the marketing campaign on the seller’s behalf.Representative imageDealIndustrialCIP Real Estate Buys San Gabriel Valley Industrial Park for $61MSep 22, 2026The owner of a 200,049-square-foot industrial and flex complex in Los Angeles County’s San Gabriel Valley has unloaded the asset for $60.7 million.LendingBrookfield's GGP Lines Up $800M CMBS Refi Of 2.4M SF Suburban Chicago MallSep 22, 2026Morgan Stanley, Bank of America, Citi, Goldman Sachs and Wells Fargo are identified as the originators and sellers of the $800M loan tied to the property.McCourt and Lincoln Secure Approvals for San Francisco Tower Under Two Distinct PlansSep 22, 2026McCourt Partners and Lincoln Property Company said Tuesday that the San Francisco Planning Commission has approved plans for 536 Mission St., with the commission signing off on two distinct plans for the project.TenantsOfficeCBRE Signs Three Workplace360 Office Leases in MinneapolisSep 22, 2026CBRE has signed three office leases across Minneapolis–St. Paul for its advisory local brokerage and business service organization businesses. CBRE signed a 15,586-square-foot lease at Arcadia, 5115 Arcadia Ave. in Edina, for its advisory employees.DealIndustrialEntre Commercial Realty Facilitates Sale of 142K-SF Facility on 20 Acres in PlainfieldSep 22, 2026Entre Commercial Realty announced the sale of a 142,370-square-foot industrial facility located at 24210 W 143rd Street in Plainfield, Illinois.DealPRCP, Conversant Acquire Super-Regional Ventura MallSep 22, 2026Pacific Retail Capital Partners (PRCP) has formed a joint venture with Conversant Capital LLC to acquire Pacific View Mall in Ventura for an undisclosed sum.DealOfficeMarty Burger-L&L Venture Debuts With $245M Third Avenue Deal: The N.Y. Deal SheetSep 22, 2026The Marty Burger-David Levinson joint venture acquired the office tower from an institutional investor.IndustrialGreenspoint Mall To Get New Life As Industrial ParkSep 22, 2026Lincoln and New York Life Investment Management plan to spend $150M to revitalize Houston's Greenspoint Mall property into an industrial park.South Bay Multifamily Gaining Steam From Rebooted Aerospace, Defense SectorSep 22, 2026South Bay's apartment market outpaces LA in rent growth as aerospace and defense investments drive jobs growth in the area.TenantsGroceryHappier Grocery to Open Second NYC Location on the Upper East SideSep 22, 2026A healthy grocery retailer is opening its second New York City location on Manhattan’s Upper East Side.DealRichard Born Part of Investor Group in BlackRock’s $245M Sale of 600 Third AvenueSep 22, 2026Hotel investor Richard Born is the unnamed investor in 600 Third Avenue, Commercial Observer has learned.Representative imageDealJP Morgan Chase Sells South Florida Rental for $106MSep 22, 2026J.P. Morgan Chase sold a garden-style multifamily property in Wellington, Fla., for $105.5 million after owning it for nearly a quarter century, according to property records.Representative imageDealOfficeOffice Tenants Should Negotiate Cell Coverage Like a Lease IssueSep 22, 2026For most of the past two decades, connectivity in office buildings followed a simple division of labor. Tenants bought their own wi-fi. Wireless carriers delivered the cellular signal, and often funded the in-building systems that made it work.