Net lease news – page 232

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Representative imageDealOfficeColliers Brokers $5.2M Sale of Vacant Office Building in Parsippany, New JerseyMay 29, 2026PARSIPPANY, N.J. — Colliers has brokered the $5.2 million sale of a vacant office building in the Northern New Jersey community of Parsippany. Automotive insurance company DOWC previously occupied the three-story building at 199 Pomeroy Road, which according to LoopNet Inc.Representative imageTenantsOfficeHunter Point Capital Signs 46,000 SF Office Lease in Midtown ManhattanMay 29, 2026NEW YORK CITY — Hunter Point Capital has signed a 46,000-square-foot office lease in Midtown Manhattan. The independent investment firm is taking the entire 15th and 16th floors at 360 Park Avenue South, a 450,000-square-foot building.IndustrialHow Supply Chain Volatility Will Impact Industrial Real EstateMay 29, 2026Higher fuel costs, tariff uncertainty and geopolitical instability are once again pressuring global supply chains.Senior Living Facilities: Don’t Forget the Outdoor SpaceMay 29, 2026Pictured above: Vista Del Monte, Santa Barbara, courtesy of McCullough Landscape Architecture Modern senior living properties have been shifting from bland, clinical models to highly amenitized ones, complete with fitness centers, beautifully decorated dining spaces and yoga…CRE Capital Flows Unevenly in a K-Shaped EconomyMay 29, 2026The term “K-shaped economy” entered the national consciousness during the COVID-19 recession of 2020. During the recovery, some businesses and households quickly rebounded, while others continued to struggle.Recovering Value from Underutilized Campus SpaceMay 29, 2026According to JLL, universities and colleges continue to face rising expenses due to shifting enrollment, rising operating costs, and budget tightening.OfficeSpeaker Spotlight: Adam Greene of RXRMay 29, 2026Adam Greene, Executive Vice President of Development at RXR, joined Commercial Observer’s Future of New York Forum to discuss the future of New York City’s real estate market, including the growing momentum behind office-to-residential conversions, the continued demand for…TenantsOfficeLaw Firm Taft Will Occupy Full Floor in Durst Midtown TowerMay 28, 2026The Durst Organization said Thursday that national law firm Taft signed a lease at 1155 Ave. of the Americas for the entire 16,563-square-foot 24th floor to launch its New York office.DevelopmentLogos Faith, St. Rest Break Ground on 138-Unit Affordable HousingMay 28, 2026Logos Faith Development, a Los Angeles–based for-profit impact developer, in partnership with St Rest Friendship Baptist Church, broke ground on Phase One of a 138-unit affordable housing community at 709 W. Manchester Ave.TenantsPreschool Lease Brings Davis Companies’ 1975 Madison to CompletionMay 28, 2026The Davis Companies, in partnership with Eloise-Capital, has signed Little Legacy Village Preschool to occupy the ground-floor retail space at 1975 Madison, an eight-story luxury residential building in Central Harlem.California People and Company News, Week of may 29, 2026May 28, 2026The post California People and Company News, Week of may 29, 2026 appeared first on Connect CRE.New York People and Company News, Week of May 29, 2026May 28, 2026The post New York People and Company News, Week of May 29, 2026 appeared first on Connect CRE.Simon’s Wrentham Village Outlets Expands Lineup of Retail BrandsMay 28, 2026Simon’s Wrentham Village Premium Outlets in Wrentham, MA, is expanding its portfolio of diverse brands, with the addition of Joseph Ribkoff, HARIBO, Fabletics, Zwilling Factory Outlet, Gong Cha and Gymboree.LendingIndustrialThorofare Provides $46M Senior Mortgage for Tulare WarehouseMay 28, 2026Thorofare Capital, a national commercial real estate debt manager and affiliate of Callodine Group, provided a $46,000,000 floating-rate, interest-only senior mortgage loan to refinance and fund the lease-up of 99 Central Logistics Center, a 554,077-square-foot Class A…TenantsVirtual Reality Simulator SkiPod to Open Store at 572 11th AvenueMay 28, 2026SkiPod, an indoor virtual reality skiing and snowboarding simulator, has selected Eenhoorn’s 572 11th Avenue for its newest home. The company’s digital slopes will occupy a 3,790-square-foot corner storefront in Manhattan’s Hell’s Kitchen neighborhood, according to broker KSR.DealIndustrialColliers Adds to Philadelphia Team, Appoints Allie Gaeta SVPMay 28, 2026Colliers announced that Allie Gaeta has joined the firm as senior vice president within its Philadelphia office. Gaeta joins the Williams-Golarz Industrial Team, bringing more than a decade of experience specializing in agency leasing across Central Pennsylvania.DevelopmentChicago/Midwest People & Company News, week of May 29, 2026May 28, 2026Nationwide Realty Investors (NRI) has announced the retirement of Jim Rost, vice president of development, marking the conclusion of a distinguished 50-year career in the construction and development industry, including 30 years with NRI.DealCaesars Entertainment to be Acquired by Fertitta in $17.6B All-Cash DealMay 28, 2026Caesars Entertainment, Inc. said Thursday it has agreed to be acquired by Fertitta Entertainment, Inc. in an all-cash transaction valued at approximately $17.6 billion, including the assumption of approximately $11.9 billion of Caesars’ outstanding debt.TenantsA Big Retail Tenant Kept Saying No. Then AI Closed the Deal.May 28, 2026It’s not a theory anymore: Artificial intelligence is getting commercial real estate deals across the finish line.TenantsIndustrialAlaris Aerospace Inks Big Industrial Lease in Palm Beach CountyMay 28, 2026Alaris Aerospace Systems has signed a 129,000-square-foot lease at Corporate Logistics Center in Jupiter, Fla., landlords Woodmont Industrial Partners and Butters Group announced.