Net lease news – page 281

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DevelopmentGlobal Holdings, MAG Partners Launch Hudson Square ResidentialApr 30, 2026Global Holdings and MAG Partners announced a joint venture Thursday to develop a ground-up project in Manhattan’s Hudson Square neighborhood. Located at 122 Varick St., the 149-unit residential tower is being developed under a long-term ground lease with Trinity Church.LendingOfficeClass B Office Turned Class A Multifamily Scores $46M RefiApr 30, 2026JLL Capital Markets closed a $46.25-million refinancing for 200 W Ocean, a 106-unit luxury multifamily asset in Downtown Long Beach.New York People and Company News, Week of May 1, 2026Apr 30, 2026The post New York People and Company News, Week of May 1, 2026 appeared first on Connect CRE.California People and Company News, Week of May 1, 2026Apr 30, 2026The post California People and Company News, Week of May 1, 2026 appeared first on Connect CRE.DevelopmentCentersMill Creek Breaks Ground on Apartments at Westfield Garden State PlazaApr 30, 2026The mixed-use redevelopment of the 2.1-million-square-foot Westfield Garden State Plaza in Paramus, NJ advanced with Mill Creek Residential’s groundbreaking on Modera Garden State Plaza, a contemporary mixed-use community that will feature 575 units in two separately branded…Chicago/Midwest People & Company News, week of May 1, 2026Apr 30, 2026Minneapolis-based Opus announced the promotion of Pete Conlon to chief financial officer and head of capital markets and Su O’Sullivan to executive vice president of accounting.Representative imageTenantsOfficeSteve Madden Inks 60K-SF Office Lease at ESRT’s 501 Seventh AvenueApr 30, 2026Shoe and accessories retailer Steve Madden has signed a 13-year, 60,003-square-foot office lease at Empire State Realty Trust (ESRT)’s 501 Seventh Avenue in Midtown, the landlord announced in its first-quarter earnings report Thursday.LendingGroceryAssociated Bank Completes $23M Retail Redevelopment Loan in Buffalo GroveApr 30, 2026Associated Bank announced the completion of a $22.6 million loan to Shorewood Development Group for the acquisition and renovation of a vacant 66,083-square-foot former grocery store at 1160 W. Lake Cook Road in Buffalo Grove, Illinois.Representative imageTenantsESRT Reports Strong Balance Sheet Despite Temporary Headwinds in Q1Apr 30, 2026Empire State Realty Trust (ESRT) enjoyed its 19th straight quarter of positive leasing spreads in the first quarter of 2026, as pricing power increased despite market headwinds.DevelopmentGlobal Holdings, MAG Partners to Develop 149-Unit Resi Tower in Hudson SquareApr 30, 2026Global Holdings and MAG Partners have formed a joint venture to develop a new, ground-up residential tower at 122 Varick Street in Hudson Square under a long-term ground lease with Trinity Church, Commercial Observer has learned.Boutique Hotel Planned for Chicago’s Northalsted NeighborhoodApr 30, 2026Following the initial site plan announcement in 2025, Backbeat Hotel has shared its first detailed look at the design of the 50-room independent boutique hotel planned for the city’s Northalsted community.DealStabilized Quincy Retail Goes for $5MApr 30, 2026Atlantic Capital Partners completed the $5.2-million sale of 625 Southern Artery, a stabilized 1.70-acre retail site located in Quincy, MA, to an undisclosed buyer.Retired CIM Group CEO Charles Garner Dies at 63Apr 30, 2026Charles Garner, former CEO and principal of investments at CIM Group, has died at the age of 63, according to sources close to the family. Garner died while in Santa Rosa Beach, Fla., where he had been living since his retirement in 2019, according to an announcement.TenantsQSRPharrell Williams’s Nami Nori Hand Roll Concept to Open in West Palm BeachApr 30, 2026Nami Nori, the hand roll restaurant backed by musician Pharrell Williams, is coming to West Palm Beach, Fla.LendingInsurer Provides Permanent Loan for Fresno Manufactured HousingApr 30, 2026Gantry has secured a $14-million permanent loan for a 260-site manufactured housing community located in Fresno. Principal Patrick Barkley, senior associate Chad Metzger and associate Andrew Christopherson,represented the borrower, a private real estate investor.Representative imageCPE Executive Council: Where CRE Leaders Miss the Mark on Team LeadershipApr 30, 2026Tips to help manage your team. The post CPE Executive Council: Where CRE Leaders Miss the Mark on Team Leadership appeared first on Commercial Property Executive.LendingDwight Capital Provides $130M Refi for North Miami ApartmentsApr 30, 2026Omega Real Estate Management has sealed $130 million of agency-backed debt to refinance a newly completed multifamily property in North Miami, Commercial Observer has learned.Representative imageTenantsNewmark Reports Continued Revenue Growth as Q1 Earnings Top ExpectationsApr 30, 2026Global real estate advisory giant Newmark posted better-than-expected earnings for the first quarter of 2026 and raised its full-year guidance, sending its stock price into the green on Thursday morning.Representative imageTenantsJLL Reports Revenue Growth of 11% as Leasing Demand JumpsApr 30, 2026Brokerage services giant JLL reported double-digit revenue growth during the first three months of 2026, the eighth consecutive quarter that overall revenue has exceeded 10 percent.Oxford Properties Appoints Industry Veteran Sara Queen to Lead U.S. BusinessApr 30, 2026Long live the queen! Global real estate investor Oxford Properties Group has appointed Sara Queen as its new executive vice president and head of U.S. operations, effective July 20, Commercial Observer has learned.