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Net lease news – page 207
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Shorenstein Picks Up 273K-SF Plano Office CampusShorenstein Properties acquired The Tennyson, a two-building, Class A office campus totaling approximately 273,574 square feet in Plano, Texas. Spear Street Capital was the seller of the property, built in 2012.
Scottsdale Sr. Housing Facility Trades for $740K/UnitStonepeak paid $109 millon for a 147-unit senior living facility in Scottsdale. The Acoya Shea was sold by Harrison Street Asset Management and Cogir Senior Living.
The Wave is Here: What Multifamily Loan Maturities Mean for Owners, Lenders & Brokers in 2026The mass of multifamily loan maturities that has peaked over the past few years remains elevated and is destined to impact the industry in 2026.
MMCC Arranges $85M Construction Loan for Beverly Hills Mixed-UseMarcus & Millichap Capital Corporation (MMCC) has arranged $85 million in construction financing for development of a 297,771-square-foot mixed-use project located at 55 N. La Cienega Blvd. in Beverly Hills. The four-year construction loan was structured at 65% loan-to-cost.
Local Developer Plans Pair of 99-Unit Resi Buildings on Brooklyn’s Atlantic AvenueYet another 99-unit residential building could be going up in New York City as the city’s 485-x incentive forces developers to opt for the sub-100 number rather than pay higher construction wages.
Wood Partners Sells Gilbert Apartments for $81.6MWood Partners sold the Alta Rise apartments in Gilbert to DWS Group for $81.6 million. DWS paid $293,525.18 per unit. The Phoenix Business Journal reports Wood developed the property, which was delivered in 2025.
Downtown Boston Office Sells for 71% Discount on 2019 PriceAn 11-story office building in downtown Boston has sold for $30 million, representing a 7% discount and a major loss for the owner that paid $103 million in 2019, the Boston Business Journal reported.
Representative imageWells Fargo Lends $296M on Industrial Portfolio BuyEQT Real Estate has sealed $296 million of acquisition financing for the purchase of a 20-property industrial portfolio in southern New Jersey and South Florida, Commercial Observer can first report.
Report: NYC Lags in Adding Higher-Wage Jobs, Housing UnitsAlthough post-pandemic New York City employment exceeds pre-pandemic levels, the growth has been concentrated in lower-wage sectors, according to a report prepared for the Association for a Better New York (ABNY) and the New York City Employment and Training Commission.
Dwight Capital Refis Missouri Apartments With $36M HUD LoanPollard Properties has landed $36 million of agency-backed debt to refinance a newly developed multifamily community in a Missouri suburb an hour west of St. Louis, Commercial Observer has learned. Dwight Capital the U.S.
NexPoint Adding Two Apartment Communities Near CityplaceNexpoint is building 469 apartments in two new five-story buildings along North Haskell Avenue near the 43-story Cityplace tower in Dallas.
Creation Completes 137,000 SF Industrial Project in Haltom City, TexasHALTOM CITY, TEXAS — Creation, a developer with offices in Dallas and Phoenix, has completed Triad 820, a three-building, 137,000-square-foot industrial project in Haltom City, a northern suburb of Fort Worth.
Representative imageVMG Health Signs 30,203 SF Office Lease in Downtown DallasDALLAS — VMG Health, a healthcare consulting firm, has signed a 30,203-square-foot office lease in downtown Dallas. The space is located within One Victory Park, a 20-story, 435,606-square-foot building.
Stratus Starts Work on Phase II of Athens Student Housing VentureStratus Development has broken ground on Phase II of Puritan Mill, which will offer 411 student housing beds near the University of Georgia campus in Athens. Puritan Mill I debuted in 2023. The community will feature townhomes in two-, three- and four-bedroom configurations.
BWE Arranges $133M for Luxury Skokie ApartmentsBWE announced the placement of a $133 million first mortgage loan to recapitalize The Henry at Harms Woods, a 294-unit multifamily property featuring approximately 8,000 square feet of ground-floor retail space in Skokie, Illinois, 12 miles north of Chicago.
MMCC Arranges $85M in Construction Financing for Beverly Hills Mixed-Use ProjectBEVERLY HILLS, CALIF. — Marcus & Millichap Capital Corp. (MMCC) has arranged $85 million in construction financing for the development of a 297,771-square-foot mixed-use property at 55 N. La Cienega Blvd. in Beverly Hills.
Hamilton Partners, Bow River Capital Receive $44.2M in Financing for Hamilton Logistics Center in Salt Lake CitySALT LAKE CITY — Hamilton Partners and Bow River Capital have received $44.2 million in refinancing for Hamilton Logistics Center, a 474,600-square-foot Class A industrial asset at 8080 W. 1400 North in Salt Lake City.
Quarterra Sells 290-Unit Multifamily Community in Scottsdale to MacNaughtonSCOTTSDALE, ARIZ. — Quarterra has completed the sale of Residences Kierland, a 290-unit apartment property in North Scottsdale, to MacNaughton for an undisclosed price. Asher Gunter, Matt Pesch and Austin Groen of CBRE represented the seller in the transaction.
Winchester Partners Completes 283-Unit Mixed-Income Apartment Project in New Haven, ConnecticutNEW HAVEN, CONN. — Winchester Partners, which is a joint venture between an affiliate of L+M Development and Twining Properties, has completed The Winston, a 283-unit mixed-income apartment building in New Haven.
Representative imageNAI DiLeo-Bram Arranges $4.7M Sale of Industrial Building in Somerset, New JerseySOMERSET, N.J. — Locally based brokerage firm NAI DiLeo-Bram has arranged the $4.7 million sale of a 20,269-square-foot industrial building in the Northern New Jersey community of Somerset.