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Net lease news – page 265
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Rio Investments Acquires 353K-SF San Antonio Shopping CenterRio Investments purchased The Legacy, a 353,000-square-foot retail center in San Antonio. The San Antonio Business Journal reports Nassau CorAmerica lent $37.8 million in acquisition financing to Rio Investments to help close the deal. Santikos Entertainment was the seller.
Soloviev Group Refinances 9 W. 57th for $1.8BSoloviev Group and lead lender Bank of America announced the $1.8-billion refinancing of 9 W. 57th St., the trophy Midtown office tower that reportedly set a new ceiling for rents.
Keystone National Lends $46M for Arizona Industrial CampusSilver Creek Development has sealed $46 million of construction takeout financing for a newly-built Arizona industrial project, Commercial Observer has learned.
Woodfield Development Begins Leasing 360-Unit Apartment Community in San Marcos, TexasSAN MARCOS, TEXAS — Charleston, S.C.-based Woodfield Development has begun leasing Strait & Nelson, a 360-unit apartment community in San Marcos, located roughly midway between Austin and San Antonio.
Representative imageJLL Negotiates Sale of 153,671 SF Office Building in West HoustonHOUSTON — JLL has negotiated the sale of 5300 Memorial Drive, a 153,671-square-foot office building in West Houston. The building was most recently renovated in 2019 and was 90 percent leased at the time of sale.
Lincoln Converting Sky Harbor Offices to Logistics CampusLincoln Property Company has broken ground on Sky Harbor Logistics, an office-to-industrial redevelopment that will bring a two-building, Class A logistics campus to a Tempe, Arizona, infill site, minutes from Phoenix Sky Harbor International Airport.
Representative imageHunter Advisors Arranges Sale of 141-Room Aloft San Antonio Airport HotelSAN ANTONIO — Atlanta-based hospitality brokerage firm Hunter Advisors has arranged the sale of the 141-room Aloft San Antonio Airport Hotel.
Commercial Mortgage Volume Rises 52% Year-Over-YearCommercial and multifamily mortgage loan originations were 52% higher in the first quarter of 2026 compared to a year earlier, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
Representative imageHightech Grafix Signs Industrial Lease Expansion, Extension in ArlingtonARLINGTON, TEXAS — Hightech Grafix has signed an industrial lease expansion and extension in Arlington. The provider of screen printing services now occupies 18,000 square feet within North Commercial Industrial Park, a newly renovated development.
Knighthead Funding Refis Nashville Apartments With $27M LoanA joint venture between Preiss and Speedwagon Capital Partners is singing a new tune in Music City. The sponsorship just landed a $27 million loan to refinance its newly built rental apartment property in Nashville near Vanderbilt University, Commercial Observer has learned.
TKF Burnside Buys 400,000 SF Office Building in White Plains, New YorkWHITE PLAINS, N.Y. — TKF Burnside Real Estate Partners has purchased a 400,000-square-foot office building in White Plains, located north of New York City. The building at 360 Hamilton Ave.
Representative imageAriel Property Advisors Arranges $25.5M Sale of Commercial Development Site in The BronxNEW YORK CITY — Local brokerage firm Ariel Property Advisors has arranged the $25.5 million sale of commercial development site in the Mott Haven area of The Bronx. The site at 261 Walton Ave.
Bristol Closes on $79M Refi on Santa Rosa Rental CommunityBristol Development snagged a $79 million refinancing on The Jewel at Santa Rosa Beach, a 408-unit multifamily development at 158 Malachite Way, in Santa Rosa Beach.
Representative imageMarcus & Millichap Brokers $4M Sale of Industrial Building in Leominster, MassachusettsLEOMINSTER, MASS. — Marcus & Millichap has brokered the $4 million sale of a 62,259-square-foot industrial building in Leominster, about 50 miles west of Boston. The building at 44 Mead St. features clear heights of 14 to 16 feet, eight loading docks and two grade-level doors.
Representative imageKeyence Corp. Signs 20,000 SF Office Lease Extension in Elmwood Park, New JerseyELMWOOD PARK, N.J. — Keyence Corp., a provider of automated factory equipment, has signed a 20,000-square-foot office lease renewal in the Northern New Jersey community of Elmwood Park. The space is located within the building at 669 River Drive, which according to LoopNet Inc.
Stos Partners Pays $26M for Nashville WarehouseStos Partners acquired 640 Massman Drive, a 169,855-square-foot Class B industrial warehouse in Nashville’s Airport industrial submarket, for $26 million. The seller, Sagard Real Estate, paid $12 million for the 8.45-acre property in 2020.
Frampton Completes First Phase of 1.5 MSF Race Track Logistics Pompano Industrial Park in South FloridaPOMPANO BEACH, FLA. — Frampton Construction has completed the first phase of Race Track Logistics Pompano, a 1.5 million-square-foot industrial development underway in Pompano Beach.
Colliers Brokers $35M Sale of Five-Property Mixed-Use Portfolio on Florida’s Space CoastMELBOURNE, FLA. — Colliers has brokered the $35 million sale of a five-property portfolio totaling more than 294,000 square feet of office, industrial, retail and medical office space in Melbourne, a city on Florida’s Space Coast.
Marcus & Millichap Brokers Sale of Retail Property in McDonough, Georgia Leased to Heartland DentalMCDONOUGH, GA. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a freestanding retail property in McDonough, a southern suburb of Atlanta.
US Soccer Debuts $250M Atlanta HQJust in time for the FIFA World Cup, US Soccer unveiled its impressive new headquarters just outside Trilith.