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Net lease news – page 216
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Fargo Developer Enclave Closes on $80M Mixed-Use Development in MNFargo-based developer Enclave has officially closed on Krew, a new multifamily community with ground-floor commercial space valued at $79.9 million in Shoreview, Minnesota.
Broad Street Development and KSR Capital Seal $138M Recap for 370 Lexington AvenueBroad Street Development has closed a $138 million refinancing and recapitalization of 370 Lexington Avenue, a 317,000-square-foot office tower in Midtown Manhattan, Commercial Observer has learned.
Representative imageWhole Foods Signs 10K-SF Lease for Bodega-Like Grocery Store in BushwickWhole Foods has selected Brooklyn’s bustling Bushwick neighborhood as the next potential location for its bodega-like market concept.
NYC Housing Partnership Selects Molly Wasow Park as CEOThe board of New York City’s Housing Partnership Development Corporation, or NYC Housing Partnership, has tapped Molly Wasow Park as its new CEO, according to a Monday announcement.
Representative image601W Secures $132M to Buy Brookfield’s Downtown L.A. Office TowerAnother of the last few towers that once made up Brookfield’s expansive but distressed office portfolio in Downtown Los Angeles has a new owner.
Representative imageRXR Puts Helmsley Building Up for Sale for Roughly $670MScott Rechler’s RXR is putting the landmarked Helmsley Building up for sale more than two years after defaulting on a loan tied to the Midtown property, Commercial Observer has learned.
Representative imageAmeriprise Financial Renews 38K SF at Durst’s One World Trade CenterGlobal financial services firm Ameriprise Financial has extended its stay at One World Trade Center, Commercial Observer has learned.
Bank Hapoalim Lends $43M on Flushing Resi ComplexCentury Development Group has sealed $43.4 million of construction financing to build a mixed-income residential project in Flushing, Queens, Commercial Observer has learned.
Meliá Hotels International Buys NoMad Hotel on West 27th Street for $203MEytan Benyamin’s Artimus Construction has sold a 313-key hotel in Manhattan’s NoMad neighborhood for $203 million.
UH Building $77M Medical Research BuildingWork will begin in September on a 55,000-square-foot Medical Research Building near the Tilman J. Fertitta University of Houston College of Family Medicine.
Hackberry Lane Adds 400 Beds in Florida, Arkansas University MarketsHackberry Lane, a vertically integrated student housing investment and operating company, announced the closing of six separate transactions across Gainesville, FL (University of Florida) and Fayetteville, AR (University of Arkansas). Sellers and pricing were not disclosed.
Trammell Crow, PCCP Developing 828K-SF Denver Warehouse ParkTrammell Crow and JV partner PCCP started work on a 76-acre site in Thornton, Colorado, where it will develop Crossroads 25, a six-building, Class A industrial park strategically located at the intersection of Interstate 25 and E‑470.
Craig International Helming $200M McKinney Office RedevelopmentCraig International won the bid to redevelop the former Globe Life corporate headquarters locaed at 3700 S. Stonebridge Drive in McKinney, TX.
Boston Ranks First Among U.S. Cities for Foreign Multinational InvestmentBoston has been ranked the top city in the U.S. for foreign multinational businesses, according to the ranking compiled by the Financial Times and Nikkei as part of the 2026 Investing in America rankings.
601W Acquires 1.4M-SF DTLA Office Tower at Steep DiscountNorthwind Group, a Manhattan-based real estate private equity firm and debt fund manager, originated a $132-million first-mortgage acquisition loan secured by 333 S.
$250M Astin Martin Condo Project Greenlit in Daytona BeachAston Martin is partnering with Valor Capital Real Estate Development to build an 18-story, 86-unit condo project at 3411 S. Atlantic Ave. It will be called Aston Martin Residences Daytona Beach Shores.
Skanska Completes 250,000 SF Academic Project at University of Texas at TylerTYLER, TEXAS — International development and construction company Skanska has completed a 250,000-square-foot academic project in Tyler, about 100 miles east of Dallas.
Blackstone, J.P. Morgan Lend $281M on Industrial Outdoor Storage PortfolioNew York City-based Catalyst Investment Partners, specializing in industrial outdoor storage (IOS) properties in high-barrier-to-entry urban infill markets, said Monday it secured $281 million in separate financings originated by Blackstone Real Estate Debt Strategies and…
Affinius Capital Provides $120M Refi for San Diego Luxury Multifamily ComplexAAA Management has secured a $120 million loan to refinance Elowen, a 302-unit, luxury multifamily complex in San Diego, Calif., Commercial Observer can first report. Affinius Capital provided the debt, while JLL’s Bryan Clark arranged the transaction.
PEG Cos. Nears Completion of 220-Room Dual‑Branded Hotel in Irving’s Las Colinas DistrictIRVING, TEXAS — PEG Cos., a Utah-based developer, is nearing completion of a 220-room dual-branded hotel in Irving’s Las Colinas district.