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Net lease news – page 267
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New York People and Company News, Week of May 8, 2026The post New York People and Company News, Week of May 8, 2026 appeared first on Connect CRE.
California People and Company News, Week of May 8, 2026The post California People and Company News, Week of May 8, 2026 appeared first on Connect CRE.
Newmark Represents Anheuser-Busch in $360M Sale of Former Newark ComplexNewmark Group advised Anheuser-Busch in the $360-million sale of its former facility in Newark, NJ, to Goodman Group, a global leader in industrial real estate ownership and development. The beverage giant closed the 75-year-old facility in January.
Consulting Firm Council Advisors Renews 18K SF at BGO’s 685 Third AvenueConsulting firm Council Advisors has renewed its lease in Midtown East for another decade.
Fitness Franchise btone Opens in CharlestownRJ Kelly (RJK) announced that btone FITNESS Charlestown has officially opened at 40 Warren St. in Charlestown.
Kennedy Wilson Hires Colliers to Lease Downtown Oakland Office TowerColliers has been awarded the exclusive leasing assignment for 601 City Center, located in Oakland’s downtown. The firm has been hired by the new owner, Kennedy Wilson, to lease the property’s 24-story, 607,000-square-foot office tower.
Walker & Dunlop Investment Partners Outlines 2026 CRE RisksWalker & Dunlop’s top commercial real estate investment experts opened up on the risks facing the CRE financial system this week, primarily the multifamily market, whose 2019-to-2022 vintage has failed to generate returns for investors and has hurt sponsors and lenders alike.
S3 Capital Closes Fund Focused on Multifamily Lending With $1.3BPrivate construction lender S3 Capital announced the final close of a fund that has raised $1.3 billion of total investable capital, supporting an expected loan origination capacity of approximately $4.3 billion, according to a Thursday announcement from the company.
Vietnamese Eatery Bun Mee Leases First East Coast Location at 115 East 23rd StreetBun Mee, a fast-casual Vietnamese concept, is bringing its bánh mì sandwiches to the Big Apple. The San Francisco-based eatery has signed a lease at 115 East 23rd Street in Midtown South, establishing its first East Coast location, Commercial Observer has learned.
Chicago/Midwest People & Company News, week of May 8, 2026McHugh Construction has hired Alec Miller as its general counsel. A seasoned construction attorney with more than 20 years of experience across in-house and private practice roles, Miller will lead the firm’s legal, risk management and compliance functions.
Kuhn Law Group Among Four New Office Tenants at 370 Lexington AvenueEntertainment industry litigation firm Kuhn Law Group and four other tenants have signed new leases at 370 Lexington Avenue in Midtown East, Commercial Observer has learned.
Marcus & Millichap Sells Minnesota Apartments in 1031 ExchangeMarcus & Millichap completed the sale of Falcon View Apartments, a 36-unit multifamily property located in Falcon Heights, Minnesota, for $5.09 million. The property is situated on 1.56 acres at 1800-1818 Larpenteur Ave. W. near the University of Minnesota’s St. Paul campus.
Castellan Capital Provides $28M Construction Loan for Kips Bay CondosDeveloper Daniel Klaynberg has landed $28 million of construction financing to build a condominium tower in Manhattan’s Kips Bay neighborhood, Commercial Observer has learned.
399K-SF McAllen Shopping Center Trades for $81.6MCTO Realty Growth acquired the Palms Crossing Shopping Center in McAllen for $81.6 million. WPG (Washington Prime Group) was the seller. The 47-acre property features 399,000 square feet of retail space.
Office Space Provider Corporate Suites Takes 35K SF at 16 East 34th StreetWohio Holding’s 22-story office building at 16 East 34th Street has leased two full floors to workspace provider Corporate Suites, Commercial Observer has learned.
Merchants Capital, New York City Provide $42M for Brooklyn Affordable HousingTredway has secured $41.5 million in acquisition and construction financing to purchase and renovate Restore Housing, a 138-unit affordable apartment complex in Brooklyn that opened more than 40 years ago, Commercial Observer can first report.
BMC Lands $68M Refi for Denver-Area ApartmentsBMC Investments and Rockpoint have closed on a $68 million refinancing on the Madison at Copperleaf, a 330-unit apartment project in Arapahoe County, just outside Denver. The three-year, floating-rate bridge loan was arranged by Walker & Dunlop and was provided by Prime Finance.
Representative imageCMBS Delinquencies Inch Downward in AprilThe Trepp CMBS Delinquency Rate decreased by one basis point to 7.54% in April 2026. At the property-type level, delinquency rates for two of the five major property type increased while three decreased.
Return to Lender: Week of May 7, 2026The post Return to Lender: Week of May 7, 2026 appeared first on Connect CRE.
Musk Eyeing Bryan-College Station Site for Massive Chip Fabrication PlantElon Musk may be preparing to build a massive semiconductor fabrication plant near the Texas A&M campus, just outside Bryan-College Station. His Space Exploration Technologies Corp. company has requested a tax abatement for the Terafab project from Grimes County.