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Net lease news – page 285
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Target Opens $265M Houston “Receive” CenterTarget just opened its first Receive Center in Houston. The new Receive Center will service six regional distribution centers and one flow center, helping replenish the inventory that then goes to stores.
Representative imageEquity Residential Credits NYC, San Fran for Positive Q1Equity Residential is especially grateful for New York City and San Francisco.
Italian Restaurant Olio e Più to Open 5K-SF Eatery at Solil’s 106 Third AvenueMangia! Mangia! Italian restaurant Olio e Più has signed a roughly 5,000-square-foot lease at 106 Third Avenue in Manhattan’s East Village, the former home of craft beer pub Brazen Fox, Commercial Observer has learned.
Advanced Real Estate Snags Two of Hollywood’s Five Apartment TowersAdvanced Real Estate has made what is reportedly Southern California’s largest multifamily buy year to date, purchasing the 200-unit Columbia Square Living, which has been renamed Sky Hollywood; and the 193-unit Jardine Hollywood towers.
Rosewood Debuts 338-Unit Plano Multifamily PropertyRosewood Property Company and partner MetLife Investment Management is now leasing The Buckley, the second multifamily property in Plano’s Heritage Creekside development. Located at 600 Kissimmee Dr, The Buckley offers 338 apartment homes in a four-story midrise.
Brixton Picks Up 106K-SF Las Vegas Retail CenterBrixton Capital acquired the Las Palmas Village shopping center from Cop Group for $29.4 million in an off-market transaction. Located at 445 E. Windmill Ln. in Las Vegas, the 106,838-square-foot, grocery-anchored shopping center is 95% occupied.
Boston Unveils 2030 Climate Action PlanMayor Michelle Wu announced the release of Boston’s landmark 2030 Climate Action Plan alongside dozens of community and institutional partners at LoPresti Park in East Boston.
Lighting Design Firm Tillotson Renews 5K-SF Office Lease at GFP’s 40 Worth StreetThe lights are bright in Tribeca. Tillotson Design Associates, a lighting design firm known for its architectural approach to lighting, has renewed its 4,972-square-foot office lease at 40 Worth Street in Tribeca, landlord GFP Real Estate announced Wednesday.
Zenith IOS Lands Strategic Investment from J.P. Morgan Asset ManagementZenith IOS, a Brooklyn-based national owner-operator of industrial outdoor storage properties, has received a strategic investment in its operating platform from institutional investors advised by J.P. Morgan Asset Management. Terms were not disclosed.
Saks Global Sells Scarsdale Retail Center to Sagehall for $80MSaks Global is officially in fire-sale mode.
Fallon Inks Construction Loan for 329-Unit Charlotte-Area ApartmentsThe Fallon Co. secured a construction loan and equity for Twelve03, a 329-unit multifamily community at 1203 S. Caldwell St. in Dilworth. The Charlotte Business Journal reports the cost of the project could reach $100 milion. Site work has begun.
Blackstone Pays $195.9M for S. Florida Industrial ParkA Blackstone affiliate acquired the seven-building Prologis Gateway Center industrial park in Boynton Beach for a combined $195.9 million. The S. Florida Business Journal reports Prologis sold nearly 800,000 square feet of buildings to Blackstone.
Developer Team Looking to Convert Norcross Offices to Apartments, RetailCoterie Properties is leading a team aiming to transform The Station and Jefferson Plaza office properties along Holcomb Bridge Road in Norcross into a mixed-use development.
Midway Completes 320,000 SF CITYCENTRE Six Office Building in West HoustonHOUSTON — Locally based developer Midway has completed CITYCENTRE Six, a 320,000-square-foot office building in West Houston.
Representative imageWoodside Buys 200,155 SF Office Campus in Northwest Houston, Plans RenovationsHOUSTON — Woodside, a Texas-based real estate private equity firm, has purchased Saddlebrook Place, a four-building, 200,155-square-foot office campus in northwest Houston.
Representative imageMarcus & Millichap Brokers Sale of 47,988 SF Retail Building in Northwest HoustonHOUSTON — Marcus & Millichap has brokered the sale of a 47,988-square-foot retail building in northwest Houston. The freestanding building, which was constructed on a 5.5-acre site at 7300 W.
U.S. Construction Costs Remain Elevated as Spending Slows in H2 2025Construction spending across the U.S. slowed in the second half of 2025; however, costs remain elevated and uneven across regions, according to Turner & Townsend’s H2 2025 US market intelligence report.
Representative imageHolt Lunsford Negotiates 13,294 SF Industrial Lease in Fort WorthFORT WORTH, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has negotiated a 13,294-square-foot industrial lease in Fort Worth.
Bonaventure Senior Living Underway on New Community in Corvallis, OregonCORVALLIS, ORE. — Bonaventure Senior Living is currently underway on the development of a new community in Corvallis. Scheduled to open in late 2027, the property will feature independent living, assisted living and memory care units.
Representative imagePCA Properties Acquires 31,042 SF Industrial Space in TucsonTUCSON, ARIZ. — PCA Properties LLC has acquired an industrial space, located at 5575 S. Houghton Road in Tucson, from L&M Family Ventures for $4.2 million. The property offers 31,042 square feet of industrial space.