Net lease news – page 244

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DealSRS Real Estate Partners Completes $11M Sale of Waldorf Park in MDMay 20, 2026SRS Real Estate Partners completed the $10.825 million sale of inline shops at Waldorf Park, located at 3716 Crain Highway in Waldorf, Maryland.Representative imageDevelopmentCBRE’s Scott Schnuckel On Why Retail Is Back in FavorMay 20, 2026Confidence in retail real estate was in the air at ICSC Las Vegas this week, thanks in part to lower vacancy rates and record-low construction. CBRE’s latest data shows U.S.Representative imageDevelopmentBuild-to-Rent Investors Catch a Break in U.S. House BillMay 20, 2026The U.S. House of Representatives approved a revised bipartisan housing affordability bill Wednesday. The final version addressed commercial real estate concerns about restrictions to build-to-rent (BTR) projects in the initial legislation.DevelopmentPharmacyAxiom Retail’s Lea Clay Park On Flattening Rents, Filling Shuttered DrugstoresMay 20, 2026Retail real estate was palpably confident at ICSC Las Vegas thanks to scarce space, limited construction and steady tenant demand. Nationally, CoStar warned that low availability is now the sector’s modus operandi rather than a temporary post-pandemic trend.TenantsLaw Firm Jones Jones Signs 5K-SF Lease at 44 Wall StreetMay 20, 2026Employment litigation firm Jones Jones is relocating within Manhattan’s Financial District. The tenant signed a 10-year, nine-month lease spanning 5,311 square feet on part of the seventh floor of Gaedeke Group’s 44 Wall Street, according to tenant broker Lee & Associates NYC.Law Firm Kirkland & Ellis Grows to 183K SF at Elecor Properties’ 900 Third AvenueMay 20, 2026Less than a year after arriving at 900 Third Avenue, Chicago-based law firm Kirkland & Ellis has upped its footprint by nearly 40 percent.TenantsDiscountRetailer Marshalls Opens 31K-SF Store at Liberty BklynMay 20, 2026Marshalls has taken up a 10-year tenancy at Liberty Bklyn. The off-price retailer secured 31,470 square feet of ground-floor space at Madison Capital and Salmar Properties’ 850 Third Avenue in Sunset Park, Brooklyn, according to a Wednesday announcement from the landlords.Representative imageLaw Firm Willkie Farr & Gallagher Expands to 368K SF at 787 Seventh AvenueMay 20, 2026Law firm Willkie Farr & Gallagher has added 53,000 square feet to its already massive headquarters in Midtown.DealOfficeLXP Acquires 628K-SF Phoenix Office CampusMay 20, 2026Epic Apollo recently sold a Phoenix office campus for $103 million to LXP Industrial Trust. Epic Apollo paid $183 million for the three-building property at Broadway and 32nd Street in 2015.LendingCIBC, Citizens Bank Provide $108M Construction Loan for Fairfax Apartment ComplexMay 20, 2026Insight Property Group has secured $107.7 million in construction financing to build Hunter’s Branch, a 452-unit multifamily community in the Vienna neighborhood of Fairfax, Va.DealWorkforce Housing Changes Hands in Western MassachusettsMay 20, 2026Northeast Private Client Group (NPCG) arranged the sale of Beech Tree Apartments in Great Barrington, MA. Although the sale price was not disclosed, the workforce housing complex last traded for approximately $8 million.DealMedicalRosendin Converting Chandler MOB to Regional HQMay 20, 2026Rosendin Electric purchased a two-story, 100,622-square-foot medical office building on the Allred Park Place office campus and will convert it into its new regional headquarters. The Phoenix Business Journal reports Rosendin bought the building for $17.7 million.Representative imageLendingGoldman Sachs Provides $40M Refinancing of Five-Property Self-Storage PortfolioMay 20, 2026William Warren Group has secured $40.2 million to refinance a five-property self-storage portfolio of more than 4,000 units in five states, according to a release.Lurie Seeks to Lower Inclusionary Rate, Increase Annual Contribution to Housing Trust FundMay 20, 2026San Francisco Mayor Daniel Lurie introduced two proposals to help spur the production of housing in the city.Representative imageDealScion Group, Ares Management Buy U.S. Student Housing Portfolio for $910MMay 20, 2026The biggest student housing portfolio deal of the year is now on the books. Student housing owner and operator the Scion Group and private equity giant Ares Management have acquired a 12-property housing portfolio in the U.S.DealDemolition Work to Clear Way for New AT&T HQMay 20, 2026KDC has purchased the former Electronic Data Systems campus (shown) in Plano and begun demolition to clear the way for a new $1 billion global headquarters for AT&T Inc.TenantsWillets Point Development Welcomes First ResidentsMay 20, 2026Queens Development Group (QDG), a joint venture between Related Companies and Sterling Equities, in partnership with city housing and economic development agencies, held the opening of the first 880 affordable homes at Willets Point Commons, with move-ins beginning this month.Bond Market Is Sending a Warning the Fed Cannot Ignore Much LongerMay 20, 2026Executive Summary The U.S. bond market is flashing its most sustained inflation warning since 2023.DealIndustrialColliers’ Virginia Office Facilitates $360M Sale of Manufacturing Site in TaiwanMay 20, 2026Colliers advised The Chemours Company on the sale of its industrial site at its former titanium dioxide manufacturing facility in Taiwan for $360 million. The transaction includes ten contiguous lots spanning across 67.83 acres.Representative imageLendingWalker & Dunlop Arranges $128.5M Acquisition Loan for Houston Apartment ComplexMay 20, 2026HOUSTON — Walker & Dunlop has arranged a $128.5 million acquisition loan for The Arno, a 168-unit apartment complex located in Houston’s River Oaks neighborhood. Information on floor plans and amenities at The Arno was not disclosed.