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Net lease news – page 274
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Representative imageGantry Arranges $60M Loan for Refinancing of Fort Worth Industrial BuildingFORT WORTH, TEXAS — San Francisco-based intermediary Gantry has arranged a $60 million loan for the refinancing of a 1.4 million-square-foot industrial building in Fort Worth.
Alta Warehousing Signs 392,066 SF Industrial Lease in Wilmer, TexasWILMER, TEXAS — Alta Warehousing & Logistics has signed a 392,066-square-foot industrial lease in Wilmer, a southern suburb of Dallas.
CoreNet Global: AI Now Lead Driver of Change for Corporate OccupiersArtificial intelligence is now the leading driver of change in corporate real estate, according to new research from CoreNet Global and Colliers.
Cadence McShane Completes 143,000 SF Academic Project in North DallasDALLAS — Cadence McShane has completed a 143,000-square-foot academic project in North Dallas. The Henry W. Longfellow Career Exploration Academy is a replacement school for the Dallas Independent School District.
Representative imageFinial Group Negotiates 24,150 SF Industrial Lease in Pasadena, TexasPASADENA, TEXAS — Local brokerage firm Finial Group has negotiated a 24,150-square-foot industrial lease in Pasadena, an eastern suburb of Houston. The tenant is Paton Engineers & Constructors, and the space is located within the building at 218 N.
Jax Apartment Investor Inks $78M RefiTrevato Development Group, a sister company of Block One Ventures, closed on a $78 million refinance of The Station at San Marco, a 345-unit multi-family project in Jacksonville, Florida, with a nationally known insurance company.
Representative imageIndustrious Signs Atlanta-Area LeaseThe coworking company's new location will open next year. The post Industrious Signs Atlanta-Area Lease appeared first on Commercial Property Executive.
Davis Cos. Sells 922-Unit Self-Storage Facility in Metro BostonMEDFORD, MASS. — Locally based owner-operator The Davis Cos. has sold a 922-unit self-storage facility in Medford, a northern suburb of Boston.
Averitt to Build $200M Industrial Campus Near Charlotte AirportCHARLOTTE, N.C. — Averitt, a transportation and supply chain management company based in Cookeville, Tenn., has announced plans to develop a regional logistics campus near Charlotte Douglas International Airport.
Forbright Bank, R3 Ventures Acquire 12-Story Office Building in Chevy Chase, MarylandCHEVY CHASE, MD. — Forbright Bank has brought in R3 Ventures in the acquisition of Chase Tower, a 12-story office building located at 4445 Willard Ave. in Chevy Chase, a Maryland suburb of Washington, D.C.
Rockefeller Group Reveals 60-Story Tower Office RenderingsRockefeller Group unveiled new renderings of the 1072 West Peachtree building, the 60-story mixed-use tower recently completed in Midtown Atlanta. It’s the tallest building constructed in the city in over three decades.
Representative imageMeridian Capital Arranges $50M Refinancing for Langston Views Apartments in D.C.WASHINGTON, D.C. — Meridian Capital Group has arranged a $50 million bridge-to-agency loan for the refinancing of Langston Views, a 671-unit apartment complex located at 2300 Marion Barry Ave. SE in Washington, D.C.
TSCG Signs Sprouts Farmers Market to Anchor Columbia Shopping Center Redevelopment ProjectCOLUMBIA, S.C. — TSCG has signed Sprouts Farmers Market to anchor Devine Crossing, a redevelopment project located in Columbia.
Representative imageCleary Gottlieb Signs 475,000 SF Office Lease Renewal in Lower ManhattanNEW YORK CITY — Cleary Gottlieb has signed a 475,000-square-foot office lease renewal in Lower Manhattan.
Representative imageWebster Bank Provides $33.2M Refinancing of Industrial Property in South Windsor, ConnecticutSOUTH WINDSOR, CONN. — Webster Bank has provided a $33.2 million loan for the refinancing of a 315,000-square-foot industrial property in South Windsor, located northeast of Hartford. The distribution building at 456 Sullivan Ave.
Representative imageCrunch Fitness Opens 25,000 SF Gym in Aberdeen, New JerseyABDERDEEN, N.J. — Crunch Fitness has opened a 25,000-square-foot gym in Aberdeen, about 40 miles south of New York City. The space is located within Regent Shopping Center, a 178,000-square-foot, grocery-anchored development.
SW Florida JW Marriott Trades for $835MJLL’s Hotels & Hospitality Group arranged the $835 million sale and $690 million financing for the JW Marriott Marco Island Beach Resort, an 809-room luxury beachfront property in Southwest Florida. JLL represented the seller, Barings, in the transaction.
Representative imageIPA Capital Markets Secures $116.5M Construction Loan for Pacific Northwest Industrial PropertyLOS ANGELES — IPA Capital Markets, a division of Marcus & Millichap, has arranged $116.5 million in financing for the development of a 1.4 million-square-foot industrial property in the Pacific Northwest.
SLIB Arranges Sale of 540-Unit Seniors Housing Portfolio in ColoradoFORT COLLINS, COLO. — Senior Living Investment Brokerage (SLIB) has arranged the sale of an eight-property seniors housing portfolio located in Colorado.
Brixton Capital Buys Escondido Gateway Shopping Center in Metro San Diego for $28MESCONDIDO, CALIF. — Brixton Capital has acquired Escondido Gateway Shopping Center, an 89,252-square-foot retail center located in Escondido, approximately 30 miles northeast of downtown San Diego, for $28 million.