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Net lease news – page 214
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Amtrak, USDOT Unveil Renderings for NY Penn Station RedevelopmentU.S. Department of Transportation Secretary Sean P. Duffy, Special Advisor to the Amtrak Board Andy Byford and Penn Transformation Partners (PTP) have unveiled the design renderings for the redevelopment of New York Penn Station.
Authority Brands Chooses Cobb County County for New HQAuthority Brands plans to build a nearly 50,000-square-foot “Franchise Success Center” in Cobb County. The company will spend $13 million on its new headquarters, which will include 390 workers.
Representative imageCraig International Unveils Plans for $200M Mixed-Use Redevelopment in McKinney, TexasMCKINNEY, TEXAS — Local developer Craig International has unveiled plans for Rowlett Station, a $200 million mixed-use redevelopment project in McKinney, a northern suburb of Dallas.
Partnership Acquires 549,170 SF Pinnacle Tower Office Building in North DallasDALLAS — A partnership between Estein USA and Vanderbilt Office Properties has acquired Pinnacle Tower, a 549,170-square-foot office building in North Dallas. The seller was New York Life.
Representative imageThese 2026 Surprises Are Reshaping the Hospitality MarketMany hospitality investors entered 2026 with a familiar set of assumptions: Interest rates would remain elevated, sellers would continue to resist price discovery, and transaction activity would improve only gradually. Some of that proved right.
Bradford Arranges Sale of 41,780 SF Industrial Flex Building in Haltom City, TexasHALTOM CITY, TEXAS — Bradford Commercial Real Estate Services has arranged the sale of a 41,780-square-foot industrial flex building in Haltom City, located north of Fort Worth. The facility at 2525 Minnis Drive formerly housed the manufacturing operations of Sunair Products.
Helaba Lends $93M on Suburban Seattle Luxury Apartments ProjectAlliance Residential Company has sealed $92.9 million of construction financing to develop a luxury apartment complex in suburban Seattle, Commercial Observer has learned.
Representative imageBarcel USA Signs 24,178 SF Industrial Lease in IrvingIRVING, TEXAS — Barcel USA, a local snackmaker, has signed a 24,178-square-foot industrial lease in Irving. The space is located within Building II of Freeport Business Park. John Paul Floyd of CBRE represented the tenant in the lease negotiations.
Representative imageMom-and-Pop Industrial Outdoor Storage Owners Cash InThe industrial outdoor storage (IOS) market has traditionally consisted of thousands of self-contained land parcels — some housing a small building, some just bare — used for the storage of large equipment like shipping containers and 18-wheelers.
Newmark Arranges $975M for Northern Virginia Data CenterNewmark has arranged a $975 million balance sheet financing for Project Helios, a newly constructed, state-of-the-art data center in Northern Virginia.
U.S. Lab Availability Declines for First Time in YearsAfter four years of unprecedented decline, the U.S. life sciences real estate market has bottomed out and begun to recover, JLL reported Tuesday.
LM Acquires Fully-Leased Atlanta-Area Cold Storage FacilityLM Real Estate Partners acquired a newly constructed 99,750-square-foot cold storage facility for $27.5 million. Jones Development was the seller. It’s located at 109 Thompson Road in Hiram, Ga.
Representative imageCronheim Arranges $33.2M in Financing for Shopping Center in New City, New YorkNEW CITY, N.Y. — New Jersey-based financial intermediary Cronheim Mortgage has arranged $33.2 million in financing for a 128,801-square-foot shopping center in New City, located about 40 miles north of New York City.
JLL Brokers $24.5M Sale of Industrial Service Facility in Edison, New JerseyEDISON, N.J. — JLL has brokered the $24.5 million sale of a 5.5-acre industrial service facility in the Central New Jersey community of Edison.
Representative imageHudson Cos., Broadway Builders Sign 18,200 SF Office Lease in Manhattan’s Flatiron DistrictNEW YORK CITY — The Hudson Cos. Inc. and its affiliate, Broadway Builders LLC, have signed an 18,200-square-foot office lease in Manhattan’s Flatiron District. The joint tenancy will occupy the entire 12th floor at 902 Broadway under an 11-year lease.
Representative imageNAI Earle Furman Negotiates Sale of 425 Acres in Upstate South Carolina for $1.2B USA Rare Earth Manufacturing PlantBLACKSBURG, S.C. — NAI Earle Furman has negotiated the sale of approximately 425 acres located at 998 Blacksburg Highway in Blacksburg, a city in Upstate South Carolina’s Cherokee County.
Representative imageNewmark Arranges $975M Financing for Data Center Development in Northern VirginiaGAINESVILLE, VA. — Newmark has arranged $975 million in financing for Project Helios, a newly delivered data center development in Northern Virginia.
Representative imageDalfen Industrial Acquires 419,253 SF Portfolio in South FloridaFORT LAUDERDALE, FLA. — Dalfen Industrial has acquired a nine-building industrial portfolio in South Florida’s Broward County totaling 419,253 square feet. The Dallas-based investment and development firm purchased the properties at 55 percent replacement cost.
Mesa West Provides $29.7M Acquisition Loan for Apartment Community in Cary, North CarolinaCARY, N.C. — Mesa West Capital has provided a $29.7 million acquisition loan for The Ellery of Cary, a 194-unit apartment community located at 100 Hempstead Court in Cary, a suburb of Raleigh.
Podcast | Are AI Agents RE Agents’ Best Partners? with Breezy CEO James HarrisJames Harris built his real estate career from scratch after relocating from the UK to Los Angeles. His latest venture is Breezy, an AI tool for real estate agents designed to reduce the administrative load that eats into most agents’ days.