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Net lease news – page 238
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Representative imageSitusAMC: External Forces Again Stall Investment RecoveryThe first quarter of 2026 continued a trend seen in recent years of early signs of recovery being disrupted by external forces, SitusAMC says in its latest quarterly research report.
Representative imageStout NYC to Open 14K-SF Restaurant and Pub at 373 Park Avenue SouthA gastropub is establishing its fifth Manhattan location on Park Avenue South.
Developer Pitching $60M Osceola County Mixed-Use ProjectAtlanta Housing Partners is pitching a $60 million mixed-use development in St. Cloud that would include affordable housing, retail space and a parking garage to the downtown area.
Miami Apartments Trade for $109.9MThe 266-unit Avida Aventura apartment complex at 19401 W. Dixie Highway in Miami was acquired by Breevest for nearly $110 million. The seller was Fifield Cos. The firm broke ground on Avida Aventura, its first Miami-Dade County project, in 2022 and completed it in 2024.
JLL Negotiates Sale of 357,570 SF Distribution Center in Northwest HoustonHOUSTON — JLL has negotiated the sale of Fairbanks Northwest Distribution Center, a 357,570-square-foot industrial property in northwest Houston. The two-building, cross-dock complex was constructed on a 23.4-acre site in 2023.
$300 a Square Foot for a Manhattan Office Is Losing Its Shock ValueThe path to $300-per-square-foot office taking rents in Manhattan began with a glimpse toward the future.
Representative imageCenterPoint Acquires Two Industrial Buildings Totaling 192,318 SF in South HoustonHOUSTON — Chicago-based investment firm CenterPoint Investment Management has acquired two industrial buildings totaling 192,318 square feet in South Houston.
Finmarc Offloads Raleigh Retail Center for $80.6MPrincipal Financial Group paid $80.6 million for a 383,000 square foot raleigh shopping center. Finmarc Management was the seller.
Representative imagePartners Real Estate Brokers Sale of 114,525 SF Office Building in Northeast DallasDALLAS — Partners Real Estate has brokered the sale of a 114,525-square-foot office building in northeast Dallas. According to LoopNet Inc., the seven-story building at 6500 Greenville Ave. was constructed in 1981 and renovated in 2000.
Bridge Investment Group Lends $40M on Tampa Apartments BuyA joint venture between Yale Capital Group and developer Daryl Hagler has secured $39.7 million of acquisition financing for the purchase of two multifamily properties in Tampa, Fla., Commercial Observer has learned.
Kroger Eyeing Superstore in Dunwoody Retail CenterKroger is looking to take over much of an abandoned 183,000-square-foot Dunwoody building formerly occupied by Walmart.
Related Breaks Ground on $200M Multifamily Project Along St. Johns River in JacksonvilleJACKSONVILLE, FLA. — Related Group has broken ground on Southbank Residences, a $200 million multifamily project located along the St. Johns River in Jacksonville.
Convene Hospitality CEO Ryan Simonetti On Big Funding and New MarketsIn March, Convene Hospitality Group (CHG) secured $230 million in strategic growth capital amid a surge of organic and acquisition-driven expansion.
PNK Group Begins Construction on 1 MSF Industrial Facility in Griffin, GeorgiaGRIFFIN, GA. — PNK Group has begun construction on PNK Griffin 200, a 1 million-square-foot speculative industrial facility located at 35 S. McDonough Road in Griffin, about 38 miles south of Atlanta.
JLL Negotiates Sale of 110,780 SF Publix-Anchored Shopping Center in Fort Myers, FloridaFORT MYERS, FLA. — JLL has negotiated the sale of Daniels Crossing, a 110,780-square-foot, Publix-anchored shopping center located at 6900 Daniels Parkway in Fort Myers. Publix Super Markets Inc.
TSB Realty Arranges Sale of 398-Bed Student Housing Community Near University of KentuckyLEXINGTON, KY. — TSB Realty has arranged the sale of Campus Court, a 398-bed student housing property located near the University of Kentucky campus in Lexington. Coastal Ridge Real Estate purchased the community from an undisclosed seller.
Metcalf Completes Construction of 475,880 SF Industrial Facility in Reno, NevadaRENO, NEV. — Metcalf Builders has completed construction of East Building 6 at the Comstock Commerce Center, a $24 million project within the Tahoe Reno Industrial Center (TRIC) in Reno. Locus Development Group owns the building, which is ready to support tenant operations.
Trumark Real Estate Management Buys Multi-Tenant Industrial Building in Peoria, Arizona for $20.7MPEORIA, ARIZ. — Trumark Real Estate Management has acquired a multi-tenant industrial building, located at 8700 N. 91st Ave. in Peoria, from The Initial Development Co. for $20.7 million. Geoffrey Turbow of CBRE represented the buyer in the transaction.
Marcus & Millichap Arranges $4.5M Sale of Flex Industrial Property in Colorado SpringsCOLORADO SPRINGS, COLO. — Marcus & Millichap has negotiated the sale of a flex industrial building located at 3450 N. Nevada Ave. in Colorado Springs. A private investor group based in California and New York acquired the property for $4.5 million.
Representative imageCushman & Wakefield | PICOR Brokers $3.3M Sale of Office Building in TucsonTUCSON, ARIZ. — Cushman & Wakefield | PICOR has arranged the sale of a 52,000-square-foot office building located located at 100-150 N. Tucson Blvd. in Tucson. Tucson Sam Hughes LLC acquired the asset from Eria LLC for $3.3 million.