Net lease news – page 202

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LendingCatal Group Refis Montauk Hotel With $44M LoanJun 16, 2026Enduring Hospitality has secured a $44 million loan to refinance a newly renovated luxury hotel property in Montauk, N.Y., Commercial Observer has learned. Catal Group provided the loan on the 44-key Offshore Montauk on Long Island’s East End.LendingBeacon Bank Lends $45M for Boston-Area Apartments ProjectJun 16, 2026Developer Tremont Asset Management has landed $44.5 million of construction financing to build a multifamily project in suburban Boston, Commercial Observer has learned. Beacon Bank supplied the loan for Tremont’s planned 145-unit 259 Lenox Street development in Norwood, Mass.Law Firm Fenwick & West Expands to 73K SF at Rosen’s 902 BroadwayJun 16, 2026Law firm Fenwick & West has recommitted to the Rosen family’s 902 Broadway with 18,200 square feet of additional space, Commercial Observer has learned.342 Apartment Units Planned Near Big Rivers WaterparkJun 16, 2026The Crossing at Big Rivers, a 342-unit multifamily housing community, is being planned near Big Rivers Waterpark & Adventures in New Caney (shown).DollarKeys to Success for Retail’s Multi-Category GiantsJun 16, 2026A small group of dominant players increasingly dominates physical retail, says Placer.ai in a new white paper. Walmart, Target, Costco Wholesale and Dollar General span grocery, essentials and discretionary categories at a scale none of their rivals can match.Albuquerque Developers Building 272 Affordable Housing UnitsJun 16, 2026An Albuquerque development team is spending $51 million on a two-phase multifamily housing project. The 128-unit project will be located at 724 64th St. NW. in the Atrisco neighborhood. The project is called “West Mesa Ridge A” and is the first phase of a two-phase development.KKR’s Joel Traut On Building One of CRE Credit’s Biggest Direct Lending LinesJun 16, 2026Many people say it, but KKR’s Joel Traut knows the truth of the hoary old adage: Everything’s bigger in Texas.Adam Simon On the Early Days of KKR Real Estate Credit in DallasJun 16, 2026To truly cover a market, you need to have a dedicated pair of boots on the ground. In KKR Real Estate Credit’s early days of planting flags in Dallas, the person wearing those boots was Adam Simon.TenantsFrench Cafe L’Ami Pierre to Open at Midtown’s 400 Madison AvenueJun 16, 2026A French cafe by acclaimed restaurateur Pierre-Antoine Raberin is opening a second location in Midtown, Commercial Observer has learned.Representative imageCentersFinancial Adviser SFA Agency Grows to 14K SF at Rudin’s One Battery Park PlazaJun 16, 2026Financial advisory firm SFA Agency has expanded its footprint and extended its lifespan at Rudin’s One Battery Park Plaza in Manhattan’s Financial District, Commercial Observer has learned.TenantsOfficeDallas Office Highrise Hits the MarketJun 16, 2026The Newmark Group has the listing for North Dallas’ Hillcrest Tower, a 168,000-square-foot office property at 12720 Hillcrest along Interstate 635. The property is 97% leased.TenantsQSRNashville’s Population, Business Growth Spur Commercial Real Estate MomentumJun 16, 2026Something is brewing in Nashville. In April, Starbucks announced plans to open a Southeast regional headquarters in Downtown Nashville that will house 2,000 employees.TenantsBistro Pardon My French Sets Up Shop at Jeff Sutton’s 373 Broome StreetJun 16, 2026Ooh la la. French-inspired bistro Pardon My French is coming to Manhattan’s SoHo neighborhood after signing a 1,000-square-foot lease at 373 Broome Street, a property owned in a joint venture between Jeff Sutton’s Wharton Properties and Gorjian Real Estate Group, according to…DealKennedy Wilson, Fairfax Financial Close on $1.65B Take-Private DealJun 16, 2026Kennedy-Wilson Holdings, Inc. said Tuesday that Fairfax Financial Holdings Limited had completed its all-cash acquisition of the company. First announced this past February, the privatization deal is valued at $1.65 billion.Fifield Pursuing Coral Gables Site for 9-Story Apartment TowerJun 16, 2026Fifield Cos. is asking the Coral Gables planning board for permission to convert a school property into an apartment project called Chrystal Residences. The company is looking at a 1.47-acre site at 110 Phoenetia Ave, which is home to a 9,280-square-foot special needs facility.DealMetroNational Buys 244-Room Moran Hotel at CITYCENTRE in West HoustonJun 16, 2026HOUSTON — Local owner-operator MetroNational has purchased the 244-room Moran Hotel within the 47-acre CITYCENTRE mixed-use development in West Houston.Representative imageDealCentersJLL Negotiates Sale of Retail Strip Center Portfolio in Dallas-Fort Worth, WacoJun 16, 2026DALLAS — JLL has negotiated the sale of a portfolio of five retail strip centers, four of which are scattered across the Dallas-Fort Worth metroplex. The fifth property is located in Waco. The centers’ addresses and square footages were not disclosed.Representative imageTenantsIndustrialOutdoor Wireless Networks Signs 42,362 SF Industrial Lease in Richardson, TexasJun 16, 2026RICHARDSON, TEXAS — Outdoor Wireless Networks LLC has signed a 42,362-square-foot industrial lease in the northeastern Dallas suburb of Richardson. The space sits within Parc North East, a four-building, 434,640-square-foot development.Representative imageTenantsIndustrialContinental Battery Systems to Open 25,000 SF Headquarters in IrvingJun 16, 2026IRVING, TEXAS — Continental Battery Systems will open a new, 25,793-square-foot headquarters in Irving. The provider of batteries for the automotive, marine and industrial sectors signed a 10-year lease at 750 N.TenantsIndustrialCoke Bottler Completes $84M Orlando Warehouse UpgradeJun 16, 2026Coke Florida has completed an $84 million renovation of an Orlando distribution and bottling center. The 180,000-square-foot facility at 3095 Eunice Ave. was completely gutted and rebuilt to support new state-of-the-art equipment.