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Net lease news – page 266
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Representative imageEnsemble Investments Receives $110M Loan for 250-Room Hotel NIA in Menlo Park, CaliforniaMENLO PARK, CALIF. — Ensemble Investments has obtained $110 million in financing for the refinancing and fund closing costs for Hotel NIA, an operating, full-service hotel in Menlo Park. Madison Realty Capital, working with Newfound Holdings, originated the loan for the borrower.
Representative imageGrosvenor Signs Law Firm to Nearly Full-Building Lease in DCThe tenant will move in following a series of renovations. The post Grosvenor Signs Law Firm to Nearly Full-Building Lease in DC appeared first on Commercial Property Executive.
Representative imageWalker & Dunlop Arranges $68.2M Refinancing for Multifamily Property in Arapahoe County, ColoradoARAPAHOE COUNTY, COLO. — Walker & Dunlop has secured a $68.2 million loan for the refinancing of Madison at Copperleaf, a 330-unit multifamily community in unincorporated Arapahoe County.
Pegasus Brokers Sale of Theater-Anchored Mixed-Use Property in North HollywoodLOS ANGELES — Pegasus has arranged the purchase of Laemmle NoHo 7, a marquee theater-anchored retail and office property in the North Hollywood neighborhood of Los Angeles.
Representative imageTriten Completes 400 KSF Distribution Center Near HoustonThe site also has the potential for more than five acres of secured outdoor storage. The post Triten Completes 400 KSF Distribution Center Near Houston appeared first on Commercial Property Executive.
Rexford Industrial to Develop 177,551 SF Building in San DiegoSAN DIEGO — Rexford Industrial is developing a Class A, single-tenant industrial building located at 9323 Balboa Ave. in San Diego’s Kearny Mesa submarket.
Representative imageMacerich Picks Up 1.5 MSF Maryland MallThe sellers of the Class A super-regional center had instituted a two-year repositioning initiative. The post Macerich Picks Up 1.5 MSF Maryland Mall appeared first on Commercial Property Executive.
BREAKING NEWS: U.S. Job Growth Tops Expectations in AprilNonfarm payrolls increased by 115,000 in April, well above expectations of 55,000, while the unemployment rate held steady at 4.3%. Revisions to prior months were mixed, with February payrolls revised down by 23,000 to -156,000 and March revised up by 7,000 to 185,000.
Representative imageTrepp Connect Special Report: Uncertainty Is CertainCommercial real estate's selective recovery continues despite a greater chance for risk. The post Trepp Connect Special Report: Uncertainty Is Certain appeared first on Commercial Property Executive.
Representative imageSoloviev Group Lands $1.8B for Manhattan Office TowerAfter stabilization, this 50-story property is expected to achieve a $3.9 billion market value. The post Soloviev Group Lands $1.8B for Manhattan Office Tower appeared first on Commercial Property Executive.
Representative imageAmericold, EQT to Form $1.3B Cold Storage JVThis partnership is expected to be the largest operator of such facilities in the country. The post Americold, EQT to Form $1.3B Cold Storage JV appeared first on Commercial Property Executive.
Salt Lake City’s New Wave of Urban Retail— By Tanner Olson of Legend Commercial — Downtown Salt Lake City has undergone a meaningful transformation over the past decade.
Representative imageIndustrious to Open New Midtown Manhattan LocationThe space is scheduled to debut in July 2026. The post Industrious to Open New Midtown Manhattan Location appeared first on Commercial Property Executive.
The Legal Side of Data Center Development: Q&A with Cox & Castle’s Margo Bradish and Arielle HarrisData centers and their development have been in the news a great deal. Not headlined quite so much are the legal and regulatory issues connected with this asset type, such as zoning, use cases and purpose.
Digging Beneath the Confusion: The Future of Artificial Intelligence and Commercial Real EstateWhile commercial real estate’s use of artificial intelligence has been around for over 40 years, it’s only been since the early 2020s that it’s made its way into the mainstream.
Industrial Q1: Supply-Demand Gap NarrowsAccording to the Q1 U.S. industrial real estate reports, the sector experienced robust absorption for the first time in years as “strong leasing momentum continues, leading to the strongest Q1 in years,” according to Savills’ “State of the U.S. industrial Market” report.
Digging into BTR and Housing Trends with Kiavi’s Tom HallockThe housing market is undergoing a type of reset. Despite this, the headlines keep mentioning mortgage costs and rising housing prices.
S3 Raises $1.3B of Capital with Third Credit FundPrivate construction lender S3 Capital announced the final close of S3 LB RE Credit Fund III, with $850 million of discretionary fund commitments and an additional $465 million of co-investment commitments.
Soloviev Group’s 9 West 57th Street Seals $1.8B CMBS Refi from Bank of AmericaOn the heels of touting a “record-setting lease deal” at 9 West 57th Street, Soloviev Group has secured the year’s largest New York City commercial mortgage-backed securities (CMBS) loan for its flagship tower.
Laemmle Re-Acquires North Hollywood Theater It Sold to DeveloperPegasus advised on the $6.5-million acquisition of the Laemmle NoHo 7, a marquee theater-anchored mixed-use retail and office property located in the NoHo Arts District in North Hollywood.