Net lease news – page 201

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DealGreen Light Housing Purchases Affordable Housing Apartments in Vancouver, Washington, for $34.4MJun 17, 2026VANCOUVER, WASH. — Green Light Housing has purchased Carriage Housing Apartments, a garden-style affordable housing property located at 4714 N.E. 72nd Ave. in Vancouver, from Jackson Square Properties. The sales price was $34.4 million.Representative imageTenantsBiocytogen Signs 35,000 SF Life Sciences Lease Expansion in Waltham, MassachusettsJun 17, 2026WALTHAM, MASS. — Biocytogen, which provides animal and cell model generation for preclinical research, has signed a 35,000-square-foot life sciences lease in Waltham, a western suburb of Boston.Representative imageDealIndustrialNewmark Arranges $34.1M Sale of Industrial Facility in East Los Angeles AreaJun 17, 2026COMMERCE, CALIF. — Newmark has negotiated the $34.1 million sale of Holland Flower Market, a Class A industrial facility located at 5555 E. Slauson Ave. in Commerce. Jeff Cannon, Sage Segal and Greg Tippin of Newmark represented the undisclosed buyer in the deal.Inside the AI Revolution Quietly Reshaping CRE’s Slowest Data LayerJun 17, 2026Most commercial real estate decisions begin with the same question: What can I do with this land? It is the most important question in the industry. Until recently, it was also one of the slowest to answer.Representative imageTrump’s Federal Building Selloff Runs Into $26B Repair BacklogJun 16, 2026Donald Trump’s plan to shrink the federal government’s real estate footprint has run into an 11-figure obstacle: The buildings need a lot of work. The U.S.TenantsCentersSFA Agency Extends, Expands Tenancy at One Battery Park PlazaJun 16, 2026Rudin said Tuesday that current tenant SFA Agency LLC will grow its footprint at One Battery Park Plaza, a 35-story, 800,000- square-foot office tower in Lower Manhattan.DealCentersDTLA’s Bank of America Plaza Trades for $210M in Receivership SaleJun 16, 2026Colliers on Tuesday announced the sale of 333 S. Hope St., a/k/a Bank of America Plaza, in Downtown Los Angeles. The 1.4-million-square-foot office tower traded through a receivership sale, with fee-simple title delivered at closing.DealLaSalle Acquires Student Housing Complex Near Michigan State UniversityJun 16, 2026LaSalle Investment Management has acquired Red Cedar Flats, a 190-unit, 436-bed purpose-built student housing community located within walking distance to Michigan State University in East Lansing, Michigan.DealHawkins Way JV Grows NYC Student Housing Portfolio with Upper West Side Sale-LeasebackJun 16, 2026A joint venture of Hawkins Way Capital and Varde Partners has acquired 117 W. 70th St, a 382-unit student housing property located on Manhattan’s Upper West Side.Representative imageLendingCity National Bank of Florida Provides $33M Refi on Fort Lauderdale HotelJun 16, 2026Developer Tom Assouline has sealed a $33 million loan to refinance a hotel property in Fort Lauderdale, Fla., Commercial Observer has learned.TenantsOfficeBradford Allen Closes 60K-SF Office Lease in LincolnshireJun 16, 2026Bradford Allen has executed a 60,000-square-foot lease with office supply retailer Quill at 300 Tri State International Drive in Lincolnshire, Illinois.DealInvestor in Postal Real Estate Scores Off-Market Deal in San DiegoJun 16, 2026Amid an investment climate that has many commercial real estate investors looking for stabilized assets, JLL announced that Postal Realty Holdings LLC has acquired a 32,764-square-foot building leased to United States Postal Service located at 5045 Shoreham Place in San Diego,…Fairfax County Economic Development Authority Names George Thomas as President, CEOJun 16, 2026The Fairfax County Economic Development Authority Commission (FCEDA) has named George D. Thomas its next president and CEO.LendingJV Obtains Construction Loan for East Brunswick Assisted Living/Memory Care ProjectJun 16, 2026JLL Capital Markets arranged $35.1 million in construction financing for Benchmark at East Brunswick, an 87-unit / 100-bed assisted living and memory care community planned for East Brunswick, NJ.Coldwell Banker Professional Group Launches Oregon DivisionJun 16, 2026Coldwell Banker Professional Group (CBPG), an affiliate of the Coldwell Banker Commercial network, announced the launch of Coldwell Banker Commercial Professional Group (CBCPG), a dedicated commercial real estate division serving businesses, investors, developers, and commercial…The Community Builders Appoints Two to Key Leadership RolesJun 16, 2026The Community Builders (TCB) has appointed Morgan Wilson as chief of systems and strategy, a newly created role, and Alexa Ducote to succeed Wilson as CFO. Both leaders will report to president and CEO Bart Mitchell.Representative imageLending3650 Capital Provides $42M Refi for U.S. Self-Storage PortfolioJun 16, 2026An affiliate of Inland Real Estate Group has secured a $42 million senior loan to refinance a U.S. portfolio of nearly 4,000 self-storage units spanning more than 400,000 square feet that are currently operated by Devon Self Storage, according to a release.TenantsIndustrialAerospace Company Ontic Signs 100K-SF Industrial Lease in South FloridaJun 16, 2026Aerospace company Ontic has signed a major industrial lease in Weston, Fla., Commercial Observer has learned.Representative imageDevelopmentAnnual Construction Cost Hikes Reach Pandemic-Era Rates as Iran War Winds DownJun 16, 2026The U.S. and Iran have struck a preliminary deal to end the war, but the conflict has left a painful impression on the U.S. construction industry.DevelopmentPodcast | Can AI Help Developers Break Ground Faster ft. Pulley COO Andreas RotenbergJun 16, 2026Andreas Rotenberg is Co-founder and COO of Pulley, an AI-powered permitting platform helping developers, operators and commercial teams move projects through approvals faster.