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Net lease news – page 261
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GreenRock Capital, J.P. Morgan Close $103M in Financing for Ontario Airport Hotel and Conference Center in CaliforniaONTARIO, CALIF. — GreenRock Capital, with J.P. Morgan as underwriter, has closed $103 million in financing for the Ontario Airport Hotel and Conference Center in Ontario.
PCCP Provides $78M Refinancing for Multifamily Property in DenverDENVER — PCCP has provided a $78 million loan to Trammell Crow Residential for the refinancing of Alexan Evans Station in Denver. The 367-unit property, located at 2121 S. Broadway, was built in 2023 and is LEED Gold-certified.
B.A.G. Investments Buys 104-Unit Apartment Community in Downey, CaliforniaDOWNEY, CALIF. — B.A.G. Investments has acquired Parc @ 5, a 104-unit garden-style multifamily asset located in Downey, approximately 13 miles from downtown Los Angeles. Parc @ 5 Downey LLC sold the asset for an undisclosed price.
Progressive Real Estate Partners Brokers $2.8M Sale of Restaurant Building in Ontario, CaliforniaONTARIO, CALIF. — Progressive Real Estate Partners has arranged the purchase of a freestanding restaurant building located at 4605 Mills Circle in Ontario. A private investor acquired the asset for $2.8 million.
Missner Group, Base 3 Break Ground on Industrial-to-Multifamily Conversion Project in ChicagoCHICAGO — The Missner Group and Base 3 have begun construction on Oxxford Lofts, a redevelopment project in Chicago’s West Loop that will transform a former industrial building into a 112-unit multifamily community. The building at 1220 W. Van Buren St.
Representative imageThe Community Builders Completes 60,000 SF Sankofa Village Wellness Center in ChicagoCHICAGO — The Community Builders (TCB) has opened the Sankofa Village Wellness Center (SVWC), a new community health and wellness hub addressing health inequality in Chicago’s West Garfield Park.
MMCC Arranges $3.3M Acquisition Loan for Michigan Multifamily PropertyMOUNT CLEMENS, MICH. — Marcus & Millichap Capital Corp. (MMCC) has arranged a $3.3 million loan for the acquisition of Hubbard Oaks, a 60-unit multifamily property in Mount Clemens, about 25 miles north of Detroit.
Representative imageMapletree Plans 953 KSF New Jersey Logistics FacilityThis two-building project on a greenfield site is scheduled to deliver in early 2028. The post Mapletree Plans 953 KSF New Jersey Logistics Facility appeared first on Commercial Property Executive.
Several Big Names in Commercial Real Estate Died Since 2025’s Power 100While every year finds the commercial real estate community marking the deaths of longtime leaders and trailblazers, the time since Commercial Observer’s last Power 100 in May 2025 saw an uncharacteristic tragedy befall CRE, with our country’s abundance of gun crimes landing at…
2026 Power 100To borrow (and alter) a phrase from her greatest poet, America contains multitudes — and so does real estate. Given that this is the 250th anniversary of the signing of the Declaration of Independence, the folks at Commercial Observer have been in a patriotic frame of mind.
Seizing Power: Who Jumped Onto the Power 100 List in 2026?America is a land of immigrants. (We’ll try to avoid drawing too much political inference from that last statement.) That means welcoming the stranger. That means advertising itself as a land of opportunity and promise. Commercial Observer welcomes new arrivals, too!
Power in Waiting: Eli Simon at Simon Property GroupLess than two months ago, the unhappy news was announced: David Simon, the supreme tsar of everything mall related, had passed away at the extremely premature age of 64 of pancreatic cancer.
Power 100 2026: Who Jumped the HighestHe might be 94 years old, but, man, Larry Silverstein can jump. Last year, Silverstein Properties stood at an extremely respectable No. 36 in the Power 100 rankings.
Representative imageA More Perfect Union: CRE Mergers and Acquisitions Spiked in 2025Commercial real estate experts predicted that mergers and acquisitions activity would spike in 2025, largely as a new, more business-friendly federal administration and stability in the Treasury yields set the stage for public-to-private and public-to-public deals to dominate.
Strange Brew: Capital Returns as Life Sciences Real Estate Market Bottoms OutThe lab boom went quiet, but the science is healing. Life sciences real estate is still under major pressure. Behind rows of unused microscopes, falling rents and anxious landlords, the biotech engine is recovering before the lab market.
Representative imageBrookfield JV to Land $1.9B for Manhattan TowerThe deal is set to close at the end of this month. The post Brookfield JV to Land $1.9B for Manhattan Tower appeared first on Commercial Property Executive.
Representative imageDeadline Extended: 2026 Top Property Management FirmsHere's your chance to showcase your portfolio! The deadline for submissions is now Thursday, May 21. The post Deadline Extended: 2026 Top Property Management Firms appeared first on Commercial Property Executive.
Representative imageNashville Office Market Starts Year With Mixed PerformanceThe first quarter was marked by modest construction activity and lower sales volume, Yardi Matrix shows. The post Nashville Office Market Starts Year With Mixed Performance appeared first on Commercial Property Executive.
Representative imageOpus Eyes $125M Industrial Project Near AustinThe developer already has potential tenants lined up. The post Opus Eyes $125M Industrial Project Near Austin appeared first on Commercial Property Executive.
Durst Markets 600K-SF Block of Midtown Space for LeaseThe Durst Organization on Monday introduced the availability of up to 600,000 square feet at 114 W. 47th St., reportedly the largest available block of Class A space in Midtown.