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Net lease news – page 270
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Continental Realty Acquires 14-Property U.S. Shopping Center PortfolioBetting big on retail in secondary markets, Continental Realty has acquired 14 shopping centers across the Southeast and the Midwest. Continental Realty’s acquisition from U.S. Properties Group spans seven states and encompasses more than 2 million square feet of retail.
Alchemy Properties Buys Vacant Tribeca Parking Garage for $57MAlchemy Properties, a New York City-based real estate development and investment firm, has acquired a vacant parking garage in Manhattan’s Tribeca neighborhood for $57 million.
Dick’s House of Sport to Open First California Store in San DiegoDick’S’s is bringing its first House of Sport store concept to California with a 158,000-square-foot location at The Valley shopping center in San Diego’s Mission Valley.
Madison Realty Capital Provides $110M Refi for Silicon Valley HotelEnsemble Investments has secured $110 million to refinance Hotel NIA, a 250-key Marriott hotel in Menlo Park, Calif., Commercial Observer can first report. Madison Realty Capital worked with Newbond Holdings to provide the debt.
Job Search Platform Bandana Relocates to Two Trees’ The Refinery in WilliamsburgBandana, a rapidly growing job search platform geared to hourly and entry-level workers, has signed a 10,380-square-foot lease for a partial 14th floor at Two Trees Management’s The Refinery, an office property located within the Domino Sugar Factory redevelopment in…
New 34K-SF JPMorganChase Building Opens in WinnetkaJPMorganChase has opened its new three-story Winnetka office building at 791 Elm Street with a ceremony attended by local community leaders, clients, and employees. Located at the historic site of the North Shore’s first-ever bank, the building houses J.P.
Representative imageLeveling Up: Hasbro Signs Long-Term Lease in West HollywoodThe company will be moving in during the first quarter of 2027. The post Leveling Up: Hasbro Signs Long-Term Lease in West Hollywood appeared first on Commercial Property Executive.
MRP Realty’s Zach Wade Named President, Chief Operating OfficerMRP Realty, a developer of commercial, residential, industrial, and mixed-use real estate in the Washington DC metropolitan area and in the southeast, announced the promotion of Zach Wade to president and chief operating officer of the firm.
MBTA Taps Skanska for $1B North Station Draw One Bridge ReplacementSkanska said Wednesday it has been awarded a contract by the Massachusetts Bay Transportation Authority (MBTA) to deliver the $1.06-billion North Station Draw One Bridge Replacement and Associated Track & Signal Upgrades project across Cambridge, Boston and Somerville, MA.
Representative imageIn a Topsy-Turvy World, Capital Flows to CREPrivate credit woes are just one reason money is rotating into real estate. The post In a Topsy-Turvy World, Capital Flows to CRE appeared first on Commercial Property Executive.
Representative imageLife Science Tenants and Turnkey SpaceIt's the ideal offering for a field in transition. The post Life Science Tenants and Turnkey Space appeared first on Commercial Property Executive.
Representative imageWhy Buy, Don’t Build Is a Smart CRE StrategyIt's harder for new projects to pencil today. The post Why Buy, Don’t Build Is a Smart CRE Strategy appeared first on Commercial Property Executive.
Representative imageMiami Investor Buys Miami-Dade Rental for $66MBowery Properties has paid $65.5 million for a garden-style multifamily complex in the outskirts of Miami-Dade County in the latest rental asset to sell for little gain.
Two Brookfield Buildings Led Lower Manhattan Office Leasing in AprilLender Premium Merchant Funding secured Lower Manhattan’s second-largest office lease in April, according to a CBRE office report released Wednesday.
Town Lane, Gillon Acquire 460K-SF Allen Retail CenterTown Lane and Gillon Property Group (GPG) acquired Watters Creek Village, a 460,000-square-foot, grocery-anchored mixed-use destination in Allen, Texas. Charter Holdings and DuWest Realty were the sellers. An Ares Real Estate fund provided the debt financing for the acquisition.
Representative image6 Ways REITs Can Mitigate Cyber RisksHow do you balance innovation with cybersecurity? The post 6 Ways REITs Can Mitigate Cyber Risks appeared first on Commercial Property Executive.
American Ventures to Get Moving on $250M Elgin DevelopmentElgin Commons, a new, 46-acre mixed-use development featuring approximately 300,000 square feet of retail space and a 125-key hotel, is set to be developed in Elgin.
Hasbro to Relocate LA Teams to West HollywoodHasbro has signed a long-term lease for 31,435 square feet in the Formosa West office building at The Lot at Formosa, a historic entertainment production campus in West Hollywood.
Representative imageRain Brings Sunshine to Empire State Realty’s Scholastic Bet at 555-557 BroadwayRain, a cryptocurrency and stablecoin startup, is leasing 38,034 square feet at Empire State Realty Trust’s newly acquired 555-557 Broadway, Commercial Observer has learned.
Longtime Pharma Tenant Renews Norwood LeaseColliers facilitated the 36,471-square-foot lease renewal of Corbus Pharmaceuticals at 500 River Ridge Dr. in Norwood, MA, within the River Ridge Office Park. Vice chair Curtis Cole, along with VP Sean Hannigan and SVP Tim Allen of Colliers, represented Corbus.