Net lease news – page 260

Newest first. Pick a type, a sector, or both.

DealIndustrialOutrigger Sells 1M-SF Houston WarehouseMay 12, 2026Outrigger Industrial sold one of its buildings at Generation Park in Houston and fully leased the other. Outrigger sold a 1,026,000-square-foot building located at 12515 Lockwood Road to an undisclosed buyer.IndustrialNuveen Affiliate to Convert Tempe Office Space to IndustrialMay 12, 2026Converting sprawling office complexes into industrial parks is all the rage in the Phoenix metro area. Lincoln Property and Panattoni Development have both recently announced their intent to either demolish or reposition office buildings in favor of industrial ventures.Representative imageOfficeCalifornia’s Office Vacancy Is a New Housing OpportunityMay 12, 2026In the post-COVID era, California cities have debilitating office vacancies — more than 30 percent in San Francisco and 25 percent in Downtown Los Angeles.Representative imageDealSt. John’s Reaches Deal With Wagner College to Sell Staten Island CampusMay 12, 2026St. John’s University has reached a deal with Wagner College to offload its Staten Island campus, ending its three-year search for a buyer, the school announced Tuesday. St.TenantsDiscountCanadian Furniture Brand Cozey to Open First U.S. Store at RFR’s 160 Fifth AvenueMay 12, 2026Cozey, a Canadian furniture retailer, is making itself at home in Manhattan’s Flatiron District.LendingMenlo Park Refi Illustrates Recovery of Bay Area Hotel SectorMay 12, 2026Sonnenblick-Eichner Company has arranged $110 million in first mortgage debt for Independence Menlo Hotel Owner LLC to refinance Hotel NIA in Menlo Park. The non-recourse, floating rate, interim five-year loan was funded by a private real estate credit investment manager.LendingRMWC Provides $37M Construction Loan for Space Coast Waterfront MultifamilyMay 12, 2026Midtown Capital Partners has secured $37 million in construction financing to build Astor Pointe, a 171-unit multifamily community in Palm Bay, Fla., along Florida’s Space Coast, Commercial Observer can first report.Mamdani Closes NYC Budget Gap with $4B in New State FundsMay 12, 2026New York Gov. Kathy Hochul and New York City Mayor Zohran Kwame Mamdani on Tuesday announced new state support and actions to help the city close its budget deficit ahead of the release of Mamdani’s Fiscal Year 2027 Executive Budget.TenantsAutoDesk Renewal Caps Busy Year of Leasing at Innovation and Design BuildingMay 12, 2026AutoDesk, a 3D design, engineering, and entertainment software and technology company, reaffirmed its longstanding commitment to the Innovation and Design Building (IDB) in Boston’s Seaport neighborhood.DevelopmentGreystar, University of Texas at Austin Break Ground on 340-Bed Student Housing ProjectMay 12, 2026AUSTIN, TEXAS — A public-private partnership between South Carolina-based Greystar and the University of Texas at Austin has broken ground on Law School Village, a 340-bed student housing project for enrollees at the university’s law school.Representative imageDevelopmentNewcrestImage Completes Renovation of 293-Unit Hotel in Westlake, TexasMay 12, 2026WESTLAKE, TEXAS — Locally based owner-operator NewcrestImage has completed the renovation of the 293-room Ricardo Marriott DFW Westlake hotel.Representative imageDevelopmentNewcrestImage Completes Renovation of 293-Room Hotel in Westlake, TexasMay 12, 2026WESTLAKE, TEXAS — Locally based owner-operator NewcrestImage has completed the renovation of the 293-room Ricardo Marriott DFW Westlake hotel.LendingWalker & Dunlop: HUD Steps Up as Financing SolutionMay 12, 2026After a period of volatility and constrained development, HUD financing is gaining momentum as borrowers prioritize long-term certainty and stability, Walker & Dunlop said in its newly published outlook report on HUD financing.Representative imageDealCentersJLL Arranges Sale of 76,426 SF Shopping Center in North DallasMay 12, 2026DALLAS — JLL has arranged the sale of Shops at Mockingbird, a 76,426-square-foot shopping center in North Dallas. The center was built on 6.4 acres adjacent to Dallas Love Field Airport in 2008. LA Fitness anchors the property, which was 94.7 percent occupied at the time of sale.Representative imageDealIndustrialHighland Properties Negotiates 12,162 SF Industrial Lease in Richardson, TexasMay 12, 2026RICHARDSON, TEXAS — Local brokerage firm Highland Properties has negotiated a 12,162-square-foot industrial lease in the northeastern Dallas suburb of Richardson. The tenant is ZC Distribution, and the space is located at 1461 Exchange Drive.DevelopmentIndustrialMapletree to Develop 952,720 SF Industrial Project in Manalapan, New JerseyMay 12, 2026MANALAPAN, N.J. — Mapletree, a development and investment firm based in Singapore, will build a 952,720-square-foot industrial project in Manalapan, located east of Trenton in Central New Jersey.DealIndustrialStonelake Picks Up Recently Delivered Apex Warehouses for $90MMay 12, 2026Stonelake Capital Partners acquired Apex Commerce Center, a three-building Class A industrial portfolio in Raleigh, for $90 million.DealCushman & Wakefield Brokers $36M Sale of Apartment Building in Lynbrook, New YorkMay 12, 2026LYNBROOK, N.Y. — Cushman & Wakefield has brokered the $36 million sale of Cornerstone Yorkshire, an 80-unit apartment building in Lynbrook, located on Long Island.Representative imageDealIPA Negotiates Sale of 42-Unit Pomeroy Place Apartments in Meriden, ConnecticutMay 12, 2026MERIDEN, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Pomeroy Place Apartments, a 42-unit apartment complex in Meriden, located roughly midway between Hartford and New Haven.Representative imageTenantsOfficePandora Jewelry Signs 55,872 SF Office Lease Expansion, Extension in Midtown ManhattanMay 12, 2026NEW YORK CITY — Pandora Jewelry has signed a 55,872-square-foot office lease expansion and extension in Midtown Manhattan. The deal doubles Pandora’s existing footprint at 1540 Broadway via a new lease for the entire 34th floor.