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Net lease news – page 25
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Chicago’s 1901 Project Owners Reveal Renderings for New Music HallCHICAGO — The 1901 Project owners have revealed renderings for the new Music Hall, a purpose-built live performance venue taking shape on the United Center campus in Chicago.
Commercial Real Estate Investment’s Curious Rise Amid Higher Inflation, RatesLast week, the Federal Reserve raised interest rates by a quarter point while signaling another hike later this year.
Representative imageNew York State’s Opportunity Zones Deadline Is Fast ApproachingNew York is becoming an exciting place to build, but there’s an opportunity for even more. Gov. Kathy Hochul pledged for the state to invest $25 billion toward creating 100,000 affordable homes over a five-year period that ends next year.
Galvanize Pays $94M For Milpitas Industrial PortfolioGalvanize bought a 302K SF industrial portfolio in Milpitas for $94M as Silicon Valley's AI and robotics industries grow.
Scheels To Open 300K SF Store In Littleton: The Denver Deal SheetThe Littleton City Council approved incentives for the retailer, plus more top transactions this week.
Office Owners Pulling Back On Flexible Leases As AI Clouds Future Of WorkManhattan landlords are pulling back on lease flexibility, but AI is causing uncertainty around tenants' future space needs.
1M SF Langham Estate Bets On 'Overlooked' Fitzrovia With £50M Investment ProgrammeThe Langham Estate's refurbishment in Fitzrovia mixes history and modernity.
Global Volatility Giving Boston Industrial Tenants Pause On Long-Term DealsGeopolitical tensions and high interest rates are affecting the Boston industrial market, with high vacancy and short-term leases dominating.
Southwest-Inspired Cocktail Bar Setting Up Shop in South Street Seaport DistrictThe Durst Organization announced that Mesa Bar, a new Southwestern-inspired cocktail and wine bar, has signed a lease at 220 Front St. in the South Street Seaport Historic District.
Decron Buys Miracle Mile Apartments For $114M: The Los Angeles Deal SheetDecron Properties acquired a 163-unit complex in Miracle Mile with apartments above and retail at street level.
Pegasus Completes Project Management for Two LA Retail DevelopmentsPegasus has completed project management engagements for two prominent retail developments: Raising Cane’s first location within the City of Los Angeles (Westwood Village) and a new Honey Baked Ham franchise in Sherman Oaks.
Downtown Brooklyn Development Site Fetches $84MJLL Capital Markets arranged the $83.5-million sale of the Bridge & Fulton Development Site, a large-scale mixed-use development opportunity located at 485 Fulton St. and 147 Lawrence St. in Downtown Brooklyn. Borough Developers acquired the property from ICER Real Estate.
State Farm's 1.1M SF Suburban Atlanta Hub Put Up For SaleAtlanta's State Farm towers are fully leased and have $527M in rent remaining.
Marcus & Millichap Closes Multifamily Sale in San Diego’s College EastMarcus & Millichap closed the sale of The Molokai Apartments, a 39-unit multifamily property in San Diego. The property sold for $11.2 million, or $287,179 per unit.
Data Center Energy Bill Stalls In Congress As Opponents Say It Lacked 'Real Teeth'A bill to prevent data centers from spiking energy bills stalled in the Senate, potentially creating a political liability for Republicans.
Rhone Signs 40K-SF Headquarters Lease with RFR in StamfordPerformance apparel brand Rhone has leased 40,000 square feet of office space at RFR’s 300 Atlantic St. in Stamford, CT.
Nominate a Leading Attorney for Connect CRE’s 2026 Lawyers in Real Estate AwardsFor the seventh year in a row, Connect CRE has opened nominations for our annual Lawyers in Real Estate Awards.
Atlantic Capital Partners Arranges $10M Sale of Milford Strip CenterAtlantic Capital Partners arranged the $10-million sale of Quarry Square, a 56,004-square-foot, stabilized neighborhood strip center in Milford, MA, anchored by local fitness and restaurant operators.
SoCal Family Office Snaps Up Apartments in Competitive Modesto SubmarketThe Mogharebi Group (TMG) represented Bay Area-based Tesseract Capital Group in the sale of The Marc at 1600, a 100-unit multifamily community located at 1600 Standiford Ave. in Modesto. The buyer was a private family office from Southern California, which paid $26.6 million.
Build Inc. Served With Notice Of Default On India Basin ProjectA notice of default was served to Build Inc. for its India Basin project that would span 1,200 homes and 270K SF of commercial space.