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Net lease news – page 242
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US Merchants Picks Up Rail-Ready Surprise Warehouse for $63.8MMohr Capital sold a recently delivered two-building industrial development in Surprise. US Merchants, a manufacturer of consumer goods and packaging, purchased Building One for $63.8 million.
The Roxborough Group Sells Corporate Campus Building in Kirkland for $32MThe Roxborough Group, a San Francisco-based real estate private equity firm, completed the sale of Building A-1at its Kirkland 405 Corporate Center campus to King County, Washington, for $32.6 million.
Texas People & Companies, May 22, 2026The post Texas People & Companies, May 22, 2026 appeared first on Connect CRE.
Marcus & Millichap Expands to 41K SF at AmTrustRE’s 260 Madison AvenueMarcus & Millichap is expanding and extending at AmTrustRE’s 260 Madison Avenue in Midtown.
LS Power Launches $2B Transmission Project in San JoseLS Power Grid California recently broke ground on the Power Santa Clara Valley and Power the South Bay projects and held ceremonies Wednesday in San José and Fremont to mark the start of construction.
Hudson Companies Hires Isaac Henderson as Principal, Co-Head of DevelopmentReal estate developer the Hudson Companies has hired Isaac Henderson, formerly a managing director at Rockefeller Group, as a principal and its co-head of development, Commercial Observer has learned.
Arbor Realty Trust Lends $125M on Chicago Apartments AcquisitionR.I.G. Capital has sealed $125.3 million of acquisition financing for the purchase of a 1,115-unit multifamily complex near Chicago’s O’Hare International Airport.
Basis-Led Team Acquires 25-Building Atlanta Warehouse Portfolio for $89.5MBasis Industrial and One Investment Management have paid $89.5 million for a 621,759-square-foot industrial portfolio within the Atlanta metro area. Commercial Search reports Middour Investments was the seller, and Bank of Montreal provided acquisition financing.
Developers Advance $850M Plan for Former Carney Hospital Site in DorchesterThe HYM Investment Group (HYM) and My City at Peace (MyCAP) have filed a Letter of Intent (LOI) with the Boston Planning & Development Agency for the redevelopment of 2100 Dorchester Ave., the former Carney Hospital site.
Comedian Planning $350M Nashville Theme ParkStand-up comic Nate Bargatze is building a theme park. The park, to be called Nateland, will span more than 100 acres and include roller coasters, live shows and more with an estimated price tag of $350 million.
JV of Halmar, Skanska Named Master Developer for NY Penn Station OverhaulU.S. Department of Transportation Secretary Sean P. Duffy and Amtrak have selected Penn Transformation Partners, a joint venture of Halmar and Skanska, as the private master developer team to lead the transformation of New York Penn Station.
Dwight Capital Provides $114M HUD Loan for Milwaukee Office-to-Resi ConversionA joint venture between Klein Development and MOS R.E. has sealed $114 million of U.S. Department of Housing and Urban Development (HUD)-backed debt for the conversion of a Milwaukee office tower into luxury apartments, Commercial Observer has learned.
JPI Begins Construction on 277-Unit Multifamily Project in The Colony, TexasTHE COLONY, TEXAS — JPI has begun construction on Jefferson Grandscape II, a 277-unit multifamily project that will be located north of Dallas in The Colony.
CapRock Partners Breaks Ground on 250,000 SF Industrial Project in McKinney, TexasMCKINNEY, TEXAS — California-based development and investment firm CapRock Partners has broken ground on McKinney Air Business Park, a 250,000-square-foot industrial project that will be located north of Dallas.
Representative imageEastham Capital Sells 194-Unit Apartment Complex in Southeast HoustonHOUSTON — Florida-based real estate private equity firm Eastham Capital has sold University Green Apartments, a 194-unit multifamily complex in southeast Houston. The property offers one- and two-bedroom units that range in size from 424 to 988 square feet.
US Merchants Buys 453,960 SF Industrial Facility in Surprise, ArizonaSURPRISE, ARIZ. — US Merchants has purchased Building One at West Summit at Surprise from developer Mohr Capital for $63.9 million. Located at 13401 W.
PSRS Arranges $24M Refinancing for Retail Building in San DiegoSAN DIEGO — PSRS has secured $24 million in refinancing for a retail asset in San Diego. Located in the historic Gaslamp Quarter, the property offers 54,650 square feet of retail space.
CBRE Negotiates Sale of 24,660 SF Industrial Property in San Marcos, CaliforniaSAN MARCOS, CALIF. — CBRE has arranged the sale of a single-tenant industrial property located at 177 Vallecitos de Oro in San Marcos. A local family trust acquired the asset from Davis, Gottleib & Shaw LP for $4.4 million.
Marcus & Millichap Brokers Sale of Two-Tenant Retail Property in Las VegasLAS VEGAS — Marcus & Millichap has brokered the purchase of a two-tenant retail property in Las Vegas. Merra Cordier, a local entrepreneur and owner of The Purple Chandelier, acquired the asset from an ownership group that included former Nevada Lt. Gov. Lorraine Hunt Bono.
Eastern Union Secures $125.3M Acquisition Loan for Chicago Apartment PropertyCHICAGO — Eastern Union has arranged a $125.3 million loan for the acquisition of The Pavilion, a 15-story, 1,115-unit apartment property located at 5441 N. East River Road in Chicago.