Net lease news – page 273

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LendingGroceryGrocery-Anchored Bayside Center Secures $150M FinancingMay 5, 2026JLL Capital Markets has arranged $150 million in financing for Bay Terrace Shopping Center, a premier grocery-anchored shopping center located in the Bayside neighborhood of Queens.DealEverett Approves More Than $10M in Stadium FundingMay 5, 2026The Everett City Council recently voted to approve spending an additional $10.6 million on its downtown stadium project. The money will pay for completing the project’s design and property acquisition work on the site known as the Outdoor Event Center.DealNewMark Merrill Acquires Otay Mesa Development SiteMay 5, 2026The San Diego division of NewMark Merrill Companies, Inc. has acquired a 2.5-acre parcel located at the northeast corner of Ocean View Hills Parkway and Otay Mesa Road in the Otay Mesa neighborhood of San Diego.Representative imageInvestment Matters: Institutional EyeMay 5, 2026AEW's Mike Byrne chats with CPE's Paul Rosta about today's hot asset categories, essentials for investment career-building and more. The post Investment Matters: Institutional Eye appeared first on Commercial Property Executive.Representative imageTenantsOfficeManhattan’s Tech Sector Notched a Record Number of Lease Deals in 2025May 5, 2026Manhattan’s technology sector in 2025 increased its office footprint by 6.54 million square feet, according to a new office leasing report from Colliers.Representative imageTenantsIndustrious to Open 28K-SF Coworking Space at Global Holdings’ 875 Third AvenueMay 5, 2026Eyal Ofer’s Global Holdings Management and coworking firm Industrious have forged a new partnership for a space at 875 Third Avenue in Midtown East, Commercial Observer has learned.Representative imageTenantsOfficeHasbro Leases 31K Square Feet of Office Space at Hollywood CampusMay 5, 2026Games and IP company Hasbro has signed a long-term lease at a historic entertainment production campus tied to some of the original leaders in the Hollywood film and television industry.Representative imageTenantsFashion Brand Edikted to Open 13K-SF Store at Aurora Capital’s 597 Fifth AvenueMay 5, 2026West Coast-based Gen-Z fashion brand Edikted has leased the landmarked Scribner Building’s 12,865-square-foot retail space at 597 Fifth Avenue, where it will open its second New York City store.LendingPrime Finance Refis Colorado Multifamily Property With $68M LoanMay 5, 2026A joint venture between BMC Investments and Rockpoint has secured a $68.3 million loan to refinance a multifamily community in suburban Denver, Commercial Observer has learned.Representative imageDealMormon Church Buys Another Boca Rental for $240M in Top South Florida DealMay 5, 2026Property Reserve — the real estate investment arm of the Church of Jesus Christ of Latter-day Saints — paid $240 million for a rental complex in Boca Raton in South Florida’s largest multifamily sale so far this year.Representative imageTenantsKKR Reports Positive Earnings, $28B in New Fundraising in Q1 2026May 5, 2026Even amid constant market volatility, private equity giant KKR continues to raise boatloads of cash and deliver positive returns to its investors.LendingElevate Building Student Housing at a Fast-Growing Texas UniversityMay 5, 2026S3 Capital originated a $116 million acquisition and construction loan to finance the development of a new student housing project being developed by Elevate Development Partners near Texas State University in San Marcos, Texas.DevelopmentIndustrialDedeaux Set to Break Ground on Class A Industrial at Tejon RanchMay 5, 2026Tejon Ranch Co. and Dedeaux Properties are preparing to break ground on a 510,385-square-foot Class A industrial facility within the 20-million-square-foot Tejon Ranch Commerce Center (TRCC) in the Kern County community of Lebec, approximately 75 miles north of Los Angeles.TenantsCentersVestar Reveals Verrado Marketplace Open DatesMay 5, 2026Vestar revealed the opening schedule for Verrado Marketplace, the new 500,000-square-foot retail destination serving Buckeye and the West Valley.LendingDenver Investor Scores $90M Financing for 353-Unit Rental AssetMay 5, 2026Price Brothers has refinanced Rye SoBo, a 353-unit luxury community in Denver. A Blackstone affiliate provided the $90 million, three-year bridge loan. Multi-Housing News reports that previous financing included a $105 million loan issued by AEW Capital Management in 2022.City of Salem Approves Redevelopment of Salem State’s South Campus into HousingMay 5, 2026City officials in Salem, MA approved the redevelopment of Salem State University’s south campus into 340 luxury apartments to be developed by AvalonBay Communities and Winn Development Company, reported the Boston Business Journal.Representative imageYardi Executive Summit Special Report: Economic OutlookMay 5, 2026Yardi Matrix Vice President Jeff Adler offered a mixed but generally favorable longer-term economic outlook. The post Yardi Executive Summit Special Report: Economic Outlook appeared first on Commercial Property Executive.TenantsSandwich Shop, Pizzeria to Open at 63-67 Wall StreetMay 5, 2026Pizza or a sandwich? How will folks in the Financial District ever choose?TenantsCentersArchitecture, Engineering Firm HDR Leases 75K SF with Feil OrganizationMay 5, 2026HDR, the largest employee-owned architecture and engineering firm based in the U.S., has signed a long-term, 74,500-square-foot lease at 7 Penn Plaza in Midtown Manhattan.LendingRXR Secures $269M From Blackstone, Canyon Partners for White Plains Multifamily RefiMay 5, 2026RXR and Korman Communities have secured $269 million to refinance Hamilton Green, a recently completed 477-unit luxury multifamily housing complex in the heart of White Plains, N.Y.