Loading
Market Data
Net lease news – page 250
Newest first. Pick a type, a sector, or both.
Clarion Completes Single-Asset Healthcare Investments Totaling $1B-PlusClarion Partners, LLC recently executed on more than a dozen highly curated single-asset healthcare investments totaling over $1 billion. Terms were not disclosed.
Barings Refis Williamsburg Wharf With $374M LoanA joint venture between Naftali Group and Access Industries has landed a $374.35 million loan to refinance a master-planned residential development along the Williamsburg waterfront in Brooklyn, Commercial Observer can first report.
Terra Buys Out Condo Development, to Build New Biscayne Bay VentureA Miami planning agency greenlit Terra’s plan to build a 28-story tower in Miami Beach overlooking Biscayne Bay. The Miami Business Journal reports that the 238-unit condo development will take up the 1.9-acre parcel where much of the 106-unit project will go up.
North America Office Fit-Out Costs Face Structural ResetThe cost of building out modern office space in the U.S. and Canada has been structurally reset, with average fit-out costs now reaching $295 per square foot for a medium-quality space. That’s according to the new U.S.
KCC Underway on 266,788 SF Industrial Build-Out in Hutchins, TexasHUTCHINS, TEXAS — Chicago-based Krusinski Construction Co. (KCC) is underway on the tenant build-out of Wintergreen Distribution Center, a 560,030-square-foot industrial project in Hutchins, a southeastern suburb of Dallas.
Whole Foods-Anchored Chamblee Retail Center Trades for $55.4MHarrison Street Asset Management offloaded a 106,000 Atlanta shopping center for $55.4 illion. Peachtree Station was purchased by TA Realty. The Whole Foods-anchored center is 100% leased. The lease remains in effect until 2037.
Representative imageLee & Associates Negotiates Sale of Four Industrial Outdoor Storage Sites in TexasDALLAS — Lee & Associates has negotiated the sale of four industrial outdoor storage (IOS) sites in Texas. The facilities — located at 1927 W. Commerce St.
Representative imagePinecroft Breaks Ground on $16.2M Healthcare Project in Shenandoah, TexasSHENANDOAH, TEXAS — Local development and investment firm Pinecroft has broken ground on a $16.2 million healthcare project in The Woodlands, located north of Houston.
Representative imageFoss Real Estate Arranges $7M in Bridge Financing for Arlington Industrial PropertyARLINGTON, TEXAS — Local financial intermediary Foss Real Estate Partners has arranged $7 million in bridge financing for Oakhollow Business Park, an 84,469-square-foot industrial property in Arlington.
Defense Contractor Investing $125M on Macon ExpansionMetal fabrication and manufacturing company, Unified Legacy, is expanding its existing footprint in Macon. The company will invest $125 million in a new manufacturing facility in Macon, creating 500 new jobs over the next several years in Bibb County.
Lendlease, Aware Super Open Habitat Mixed-Use Campus in Los AngelesLOS ANGELES — Lendlease, in joint venture with Aware Super, has opened Habitat, a two-building live-work-thrive campus in Los Angeles. Located at 3411 S.
11North Acquires 285,497 SF Grocery-Anchored Retail Center in Altamonte Springs, FloridaALTAMONTE SPRINGS, FLA. — 11North Partners has acquired West Town Corners, a 285,497-square-foot retail center located in Altamonte Springs, roughly 16 miles north of Orlando. Winn-Dixie anchors the property, which features a mix of additional tenants including PetSmart, T.J.
Representative imageJLL Inks 70,000 SF of New Leases at Westside Paper Adaptive Reuse Development in AtlantaATLANTA — JLL has inked five new leases totaling 70,000 square feet at Westside Paper, a 15-acre adaptive reuse development located along the Atlanta BeltLine. Packsize, an on-demand packaging and automation company, signed a lease for 30,000 square feet.
Silicon Valley Initiative Partnership Receives $74.1M in Financing for Office-to-Residential Conversion Project in San JoseSAN JOSE, CALIF. — Silicon Valley Initiative Partnership has received $74.1 million in financing for the conversion of the historic Bank of Italy building, located at 12 S. 1st St. in downtown San Jose, into a mixed-use residential and retail property.
WMC Commercial Buys Upland Village Green Multifamily Property in California for $48.5MUPLAND, CALIF. — WMC Commercial Properties has purchased Upland Village Green, a multifamily community in Upland, from an undisclosed seller for $48.5 million.
Representative imageTrade Winds Properties Acquires Office Condos in Tucson for $1.8MTUCSON, ARIZ. — Trade Winds Properties LLC has purchased 13,602 square feet of office condos within St. Mary’s Medical Plaza II, located at 1704 W. Anklam Road in Tucson. NWI St. Mary Medical Plaza Holdco LLC sold the assets for $1.8 million.
Ardent Signs Sprouts Farmers Market to Anchor Crossroads Shopping Center in SavannahSAVANNAH, GA. — The Ardent Cos. has signed Sprouts Farmers Market to anchor Crossroads Shopping Center, a 92,000-square-foot retail center located in Savannah. Ardent will redevelop 28,000 square feet for the addition of Sprouts Farmers Market, as well as a second retail suite.
Cushman & Wakefield Brokers $26.4M Sale of Build-to-Rent Community in Matteson, IllinoisMATTESON, ILL. — Cushman & Wakefield has brokered the $26.4 million sale of The Manors at Brookmere, a 108-unit build-to-rent (BTR) community in Matteson, a southern suburb of Chicago. Homebuilder Lennar developed the property in 2016.
AKIRA Signs 202,105 SF Industrial Lease Extension in Metro ChicagoBOLINGBROOK, ILL. — Chicago-based fashion retailer AKIRA has signed a long-term lease extension for 202,105 square feet of warehouse space at 150 E. Crossroads Parkway, Unit A, in Bolingbrook. Dan Leahy and Dan O’Neill of NAI Hiffman represented the tenant.
Colliers Negotiates Sale of 149,012 SF Industrial Portfolio in IndianapolisINDIANAPOLIS — Colliers has negotiated the sale of Georgetown Commerce Park, a two-building light industrial portfolio totaling 149,012 square feet in Indianapolis.