Net lease news – page 288

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Representative imageOfficeU.S. Office Demand Reaches Post-Pandemic High in Q1 2026Apr 28, 2026Notwithstanding anxiety over the current war in Iran and economic uncertainty at home, U.S. office demand reached its highest level since before the pandemic in the first quarter of 2026, according to the latest VTS Office Demand Index (VODI) report.DevelopmentConstruction Underway on 310-Room, Dual-Branded Tampa HotelApr 28, 2026McKibbon Hospitality is building an AC Hotel and Moxy Hotel Tampa Downtown at 111 N. Meridian Ave. in Tampa’s Channel District. The 13-story project will consist of 310 rooms, 175 AC and 135 Moxy rooms. It’s expected to open in early 2028.DevelopmentIndustrialConstellation Real Estate to Develop 422,452 SF Industrial Project in Northwest HoustonApr 28, 2026HOUSTON — Constellation Real Estate Partners will develop a 422,452-square-foot industrial project in northwest Houston.DealKane Building 297-Unit Raleigh Sr. Housing VentureApr 28, 2026Kane Realty is building an 8-story apartment complex, along with some retail space, on land it recently picked up within the North Hills Innovation District in Raleigh. The Triangle Business Journal reports the company paid $72 million for the 28-acre property.Representative imageTenantsIndustrialNTime Fleet Services Signs 17,884 SF Industrial Lease in ArlingtonApr 28, 2026ARLINGTON, TEXAS — NTime Fleet Services has signed a 17,884-square-foot industrial lease in Arlington. The provider of forklift services is taking space at the building at 3211-3227 E. Avenue E, which according to LoopNet Inc. was completed in 1963 and totals 56,500 square feet.Representative imageDealIndustrialPartners Real Estate Brokers Sale of 10,350 SF Industrial Building in Humble, TexasApr 28, 2026HUMBLE, TEXAS — Partners Real Estate has brokered the sale of a 10,350-square-foot industrial building in Humble, a northern suburb of Houston. According to LoopNet Inc., the freestanding building at 19742 Carver Ave. was completed in 2024 and features 18-foot clear heights.DealNewmark Arranges $113.5M Sale of Two Boston Retail PropertiesApr 28, 2026BOSTON — Newmark has arranged the $113.5 million sale of two retail properties in Boston’s Back Bay neighborhood. The properties are located at 4-6 and 28 Newbury St. and were custom-designed to house flagship stores of luxury retailers Chanel and Cartier, respectively.LendingDwight Capital Provides $110M HUD-Insured Loan for Refinancing of Newark Apartment BuildingApr 28, 2026NEWARK, N.J. — New York City-based Dwight Capital has provided a $110 million HUD-insured loan for the refinancing of 55 Union, a 12-story apartment building in Newark’s historic Ironbound neighborhood.Representative imageDealIndustrialJLL Brokers Sale of 641,631 SF Industrial Portfolio in Hartford County, ConnecticutApr 28, 2026HARTFORD COUNTY, CONN. — JLL has brokered the sale of the New England Tradeport Shallow Bay Portfolio, a collection of nine industrial buildings totaling 641,631 square feet in Hartford County.Representative imageTenantsOfficeUHY Advisors NY Signs 27,508 SF Office Lease in Midtown ManhattanApr 28, 2026NEW YORK CITY — UHY Advisors NY Inc. has signed a 27,508-square-foot office lease in Midtown Manhattan. The financial advisory firm will occupy the entire ninth floor at 1185 Avenue of the Americas, a 42-story building, via a 10-year deal.DealIndustrialProvident Industrial Acquires 2.5 MSF Portfolio in Metro MemphisApr 28, 2026MEMPHIS, TENN. — Provident Industrial, a division of Dallas-based Provident, has acquired a 13-property industrial portfolio across the Memphis area totaling more than 2.5 million square feet.Representative imageLendingKeyBank Provides $46.2M Refinancing for Multifamily Portfolio in Fayetteville, North CarolinaApr 28, 2026FAYETTEVILLE, N.C. — KeyBank Real Estate Capital has provided a $46.2 million bridge loan for the refinancing of a three-property multifamily portfolio in Fayetteville, about 65 miles south of Raleigh.DealBallast Acquires Three Multifamily Buildings in San Francisco for $48.5MApr 28, 2026SAN FRANCISCO — Ballast has purchased three historic multifamily buildings in San Francisco for $48.5 million. Collectively known as the Three Sisters, the properties are located along the Van Ness corridor and the border of the Pacific Heights neighborhood.DevelopmentNEI Completes Construction of 166-Unit Seniors Housing Community in Winter Garden, FloridaApr 28, 2026WINTER GARDEN, FLA. — NEI General Contracting has completed the construction of a new senior living community located in Winter Garden, a western suburb of Orlando. NEI acted as the general contractor on behalf of the developer, Leo Brown Group.Representative imageDealCentersMahoney & Associates Arranges $37.5M Sale of Carmel Rancho Shopping Center in CaliforniaApr 28, 2026CARMEL-BY-THE-SEA, CALIF. — Mahoney & Associates has arranged the sale of Carmel Rancho Shopping Center, a retail center in Carmel-by-the-Sea. Montage Health acquired the asset for $37.5 million.TenantsOfficeKane Realty Signs Couchbase to 20,000 SF Office Lease in Raleigh’s North Hills DistrictApr 28, 2026RALEIGH, N.C. — Kane Realty Corp. has signed Couchbase Inc. to a roughly 20,000-square-foot lease at The Offices at North Hills in Raleigh’s North Hills district.DealCapstone Partners, PCCP Divest of 167-Unit Multifamily Property in Portland for $30.7MApr 28, 2026PORTLAND, ORE. — Capstone Partners and PCCP have completed the sale of Grant Park Village Quimby, a multifamily community in Portland, to Laurel Property Group for $30.7 million. Joe Nydahl and Josh McDonald of CBRE represented the seller and buyer in the transaction.Representative imageDealNorthcap Commercial Brokers $20M Sale of Bonanza Gardens Apartments in Las VegasApr 28, 2026LAS VEGAS — Northcap Commercial has arranged the sale Bonanza Gardens Apartments, a multifamily property located at 2751 E. Bonanza Road in Las Vegas. The property sold for $20 million, or $116,959 per unit. Built in 1964, the community features 171 apartments.Representative imageOfficeDallas’ Office Market Success Reflects a Wider Regional OptimismApr 28, 2026In the year 2020, the Dallas-Fort Worth area was home to around 7.6 million people. By 2024, that number had shot up to 8.3 million.TenantsOfficeGlobal Sports Marketing Firm Establishes U.S. Headquarters at 477 Madison Ave.Apr 27, 2026RFR has signed an 18,038-square-foot, full-floor U.S. headquarters lease with SPORTFIVE at 477 Madison Ave., a 24-story boutique office tower in Midtown Manhattan.