Net lease news – page 27

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Representative imageDealIndustrialLee & Associates Negotiates 14,100 SF Industrial Lease in Richardson, TexasSep 18, 2026RICHARDSON, TEXAS — Lee & Associates has negotiated a 14,100-square-foot industrial lease in the northeastern Dallas suburb of Richardson. According to LoopNet Inc., the building at 789 N. Grove Road was completed in 1983 and totals 54,471 square feet.A Different Downtown San Diego Is Taking ShapeSep 18, 2026Downtown San Diego looks a lot different than it did a year ago.TenantsPartnership Begins Leasing 27-Story Apartment Building in Jersey CitySep 18, 2026JERSEY CITY, N.J. — A partnership between RXR, Columbia Property Trust, Strategic Value Partners LLC and One Investment Management has begun leasing Hudson House West, a 27-story apartment building in Jersey City’s SoHo West neighborhood.DealIconic Hollywood Building Site Gives Way to Apartment UnitsSep 18, 2026For more than a decade, the Hollywood Bread Building at 1770 S. Young Circle sat vacant, once a revered structure in Hollywood. BTI Partners bought the property, demolished the aging building and replaced it with 362 residences and 15,407 square feet of ground-floor retail.Representative imageLendingBenmark Capital Provides $38M Loan for Refinancing of Workforce Housing Portfolio in Paterson, New JerseySep 18, 2026PATERSON, N.J. — Benmark Capital, a private equity firm with offices in Miami and New Jersey, has provided a $38 million loan for the refinancing of a portfolio of two workforce housing buildings totaling 203 units in the Northern New Jersey community of Paterson.Representative imageDealJLL Negotiates $21.7M Sale of Multifamily Development Site in The BronxSep 18, 2026NEW YORK CITY — JLL has negotiated the $21.7 million sale of a 28,700-square-foot multifamily development site in The Bronx. The site at 122 Bruckner Blvd. is located within the borough’s Mott Haven neighborhood and can support 172,774 square feet of new development.Representative imageDealIndustrialManova Partners Acquires 1 MSF Logistics Facility in Spartanburg, South CarolinaSep 18, 2026SPARTANBURG, S.C. — Munich-based Manova Partners has acquired Spartanburg 221, a roughly 1 million-square-foot logistics facility located at 2536 Chesnee Highway in Spartanburg. New York-based Rockefeller Group sold the property for an undisclosed price.DealIndustrialSagard Real Estate Purchases 400,800 SF Industrial Property in West AtlantaSep 18, 2026ATLANTA — Sagard Real Estate has acquired 5070 Phillip Lee Drive SW, a 400,800-square-foot industrial property located in Atlanta. The seller was SkyREM, according to multiple media sources. The purchase price was not disclosed.DevelopmentCapstone Breaks Ground on 256-Unit Multifamily Development in Centerton, ArkansasSep 18, 2026CENTERTON, ARK. — Capstone Building Corp. has broken ground on The Emerald, a 256-unit multifamily development located in the northwest Arkansas city of Centerton. The $45 million apartment complex is slated for completion in October 2028.TenantsPark Bench to Open Music Venue at $5B Centennial Yards Development in AtlantaSep 18, 2026ATLANTA — Live music and dueling piano bar Park Bench has signed a lease to open a new venue at Centennial Yards, a $5 billion mixed-use development underway in downtown Atlanta and the operator’s second venue in the city.LendingJLL Arranges $154.1M in Financing for Six-Property Retail Portfolio Spanning Three StatesSep 18, 2026CALIFORNIA — JLL has arranged $154.1 million in financing for a six-property, 1.3 million-square-foot retail portfolio spanning California, Arizona and Georgia.Representative imageTenantsThompson Thrift Opens 276-Unit Apartment Property in Colorado SpringsSep 18, 2026COLORADO SPRINGS, COLO. — Thompson Thrift has opened Switch, a multifamily community in Colorado Springs. Thompson Thrift 2023 Multifamily Development L.P. provided equity for the development.DealOfficeWhittier Comstock Acquires 135,308 SF Fairway Center II Office Property in Brea, CaliforniaSep 18, 2026BREA, CALIF. — The Whittier Comstock, a subsidiary of MW Investment and owned by Matt Waken, purchased Fairway Center II, an office property in Brea, from an undisclosed seller for $27.8 million.Representative imageLendingIndustrialBWE Arranges $48M Refinancing for 978,000 SF Industrial Property in DeKalb, IllinoisSep 18, 2026DEKALB, ILL. — BWE has arranged $48 million to refinance a 978,000-square-foot logistics facility occupied by 3M in DeKalb. Mike Guterman of BWE arranged the fixed-rate loan, which features a 55 percent loan-to-value ratio.Transparency Is Becoming a Prerequisite for CRE CapitalSep 18, 2026Transparency in commercial real estate has typically been considered a measure of market maturity.DevelopmentConstruction’s Growth Story Depends on What’s Being BuiltSep 18, 2026U.S. construction market data tells two stories. New construction starts fell 20% month over month in June, on the heels of a 33.5% gain in May.Why Job Numbers Don’t Tell the Whole StorySep 18, 2026The U.S. labor market is sending mixed signals. According to Marcus & Millichap, 162,000 jobs were added in August, with June and July numbers revised upward by a combined 55,000.Forget Property Deeds: The Moon’s Real Estate Could Run on Operating RightsSep 17, 2026Deloitte’s recently released report, “Building the Lunar Economy,” gathered insights from leaders on the future of the lunar economy.Bisnow's 2026 DEI Data SeriesSep 17, 2026Bisnow's package on diversity within commercial real estate, including data on the makeup of C-suites and analysis on the impact of evolving federal policy.CentersFifth Third Bank Expands Offices at 50 Rockefeller PlazaSep 17, 2026Tishman Speyer announced that Fifth Third Bank has expanded its offices at 50 Rockefeller Plaza at Rockefeller Center, increasing its footprint at the building to 32,347 square feet.