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Net lease news – page 204
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Mackenzie Welcomes Dena Null as Healthcare Practice LeaderIntegrated design firm Mackenzie announced that Dena Null has joined the firm as healthcare practice leader, based in the Portland, Oregon, office.
Local Investor Snaps Up Sherman Oaks Burlington StoreMarcus & Millichap closed the sale of 14651 Ventura Blvd., a locally owned and operated Burlington store in Sherman Oaks. The sale price was $11,225,000.
2 Park Avenue Signs 165K SF of Office LeasesJLL arranged 165,361 square feet in a series of leasing transactions at 2 Park Ave., a 1.2-million-square-foot Midtown South office tower owned by Hadson Realty, the real estate arm of privately held fashion company Haddad Brands.
Stockdale’s Andrew Saba On Medical Real Estate’s Supply-Demand ImbalanceHealth care-related property has become one of the commercial real estate industry’s more in-demand niches and safe harbors, and now it’s become one of its more competitive hunting grounds.
Flexible Office Operator Kiln Signs on for Full Floor at OCVIBE’s The WeaveOCVIBE, a 100-acre mixed-use district under development in Anaheim, said Monday that Kiln, a hospitality-driven coworking and flexible office operator, has committed to a full floor at The Weave, OCVIBE’s mass timber office building.
2026 CMBS Cap Rates Range From 5.41% to 8.02%CRED iQ analyzed $26.1 billion of the most recently issued loans securitized in 2026 across commercial mortgage-backed securities (CMBS) conduit, single-asset, single-borrower (SASB), Freddie Mac and commercial real estate collateralized loan obligation transactions.
ARCO Design/Build Takes 10K SF at Williams Equities’ 470 Park Avenue SouthNational commercial construction firm ARCO Design/Build has signed a 9,771-square-foot lease at Williams Equities’ 470 Park Avenue South, Commercial Observer has learned. The 15th-floor lease was signed in late March, according to a spokesperson for the landlord.
ESRT Picks Sevinc Yuksel as Senior VP of Design and ConstructionEmpire State Realty Trust (ESRT) has hired Sevinc Yuksel as its new senior vice president of design and construction, Commercial Observer has learned.
Tech Firm Via Transportation Inks 55K SF at Haddad Brands’ 2 Park AvenueTransit technology company Via Transportation has parked itself across two full floors of 2 Park Avenue, Commercial Observer has learned.
NewQuest Starts Work on 500-Acre Seguin Mixed-Use VentureNewQuest has broken ground on infrastructure for the 544-acre Seguin Exchange, a mixed-use development in Guadalupe County.
Representative imagePublix Buys Second Retail Center Near Boynton BeachPublix’s South Florida shopping spree continues. The Lakeland, Fla.-based grocery store chain paid $24 million for one of the shopping centers it anchors near Boynton Beach, Fla. — nearly doubling the property’s value in just two years, records show.
CRG Offloads 1.2M-SF Building at Massive Mesa Warehouse FacilityCRG has sold Building C at The Cubes at Mesa Gateway, a 1.2-million-square-foot warehouse. The build-to-suit warehouse is fully leased to Lowe’s serving as a regional hub.
Apple Pays $162M for Sunnyvale Offices It Had SubleasedApple has paid $162.2 million for a Sunnyvale office building after signing a sublease for the property last year, the Silicon Valley Business Journal reported. The property at 684 W. Maude Ave.
Berkeley Investments Launches Transatlantic Joint Venture with GARBEBoston-based Berkeley Investments has formed a joint venture with GARBE, one of Europe’s leading real estate investment, development, and asset management companies.
Newmark Arranges $280M Financing for Long Island Office PortfolioNewmark arranged the $280-million financing for a 14-property medical office and suburban office portfolio totaling approximately 1.51 million square feet across Long Island.
Representative imageWhy CRE Firms Keep Spending Millions on AI and Getting Little BackCommercial real estate has entered the strange part of the AI cycle, where nearly everyone is experimenting, nearly everyone is paying attention, and many firms are spending real money on tools that, by most honest assessments, have not yet changed how the business actually runs.
Private Equity Firm Kohlberg Relocating to 19K SF at SL Green’s 500 Park AvenuePrivate equity firm Kohlberg is relocating its New York City offices within Midtown East.
Richman Raises $535M Across Two Affordable Housing Tax Credit FundsThe Richman Group Affordable Housing Corporation, an affiliate of The Richman Group, has closed on $535 million of equity across two affordable housing tax credit multi-investor funds.
Speed Bay Acquires 13-Building Commerce City Warehouse PortfolioSpeed Bay Warehouse Solutions purchased a 13-building industrial portfolio in Commerce City, Colorado. Park Industrial, a 466,270-square-foot industrial portfolio, is positioned at the intersection of Interstate 270 and 58th Ave. KEW Properties was the seller.
Hawkins Way Capital Buys Stratford Residence Hall on UWS for $80MBeverly Hills-based real estate investment company Hawkins Way Capital has acquired a former hotel on Manhattan’s Upper West Side that is now used as student housing.