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Net lease news – page 292
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AI Platform Spade Data Inks 7K-SF Lease at 155 West 23rd StreetSpade Data, an artificial intelligence-backed platform for the financial services industry, has signed a 6,933-square-foot lease at 155 West 23rd Street in Manhattan’s Chelsea neighborhood, representing the office building’s first new lease since space in the building went back…
Downtown Breakfast Club Highlights People, Places and Projects Shaping DTLAThe Downtown Breakfast Club announced the winners of its 44th Annual Roses & Lemon Awards, held at the Millennium Biltmore Hotel, Crystal Ballroom.
Knighthead Funding Originates $40M Financing for Student Housing Near Indiana UniversityKnighthead Funding has originated a $39.75 million first mortgage loan to refinance Stadium Crossing, a 226-unit, 734-bed student housing community located at 298 East Varsity Lane in Bloomington, Indiana, directly across from Indiana University Memorial Stadium.
Boschetto Will Open Second Location at The Park Mixed-Use in Berkeley HeightsThe Park, a 185-acre mixed-use campus in Berkeley Heights, NJ, announced that Montclair dining destination Boschetto will open its second location within The District at The Park, opening this fall.
Illinois Hilton Garden Inn Sells for $17M to Local Hotel OperatorSVN Chicago Commercial completed the $17.1 million sale of the 102-room Hilton Garden Inn Mattoon, located at 100 Coles Centre Parkway in Mattoon, Illinois.
Hubbard Street Group Secures Lease with Whole Foods Market in East LakeviewHubbard Street Group announced it secured Whole Foods Market for Chicago’s East Lakeview neighborhood at the intersection of Halsted Street and Belmont Avenue.
$866M in Bonds Help Fund Mass General Brigham ExpansionMassDevelopment has issued $865,515,000 in tax-exempt bonds on behalf of Mass General Brigham Incorporated (MGB) to expand and improve its healthcare facilities. J.P. Morgan Securities, serving as the lead underwriter, sold the tax-exempt bonds through a public offering.
Health System Providence Signs 260K-SF Office Lease in RentonHealth care system Providence has signed a lease for 259,570 square feet at the Longacres campus in Renton, Washington. The transaction marks the largest office deal in the Puget Sound region so far this year, reported the Puget Sound Business Journal.
USDA-Occupied Inspection Facility Lists in South San FranciscoTran Real Estate Group (KW Elevate / KW Luxury) and Luzon Real Estate Ventures (KW Thrive / KW Commercial) have the listing for 560 Eccles Ave. in South San Francisco, a mission-critical federal government facility occupied by the U.S.
Representative imageRexford Sees Record Leasing, Lower NOI in First Quarter Under New LeadershipRexford Industrial Realty embarked on a new era for the company when it entered 2026, as it pivoted sharply from aggressive acquisitions to recycling capital and preserving occupancy.
Aimco Sells Two Chelsea Properties for $47M in Last Stretch of Portfolio LiquidationApartment Investment and Management Company, better known as Aimco, has sold two of its three remaining New York City assets, Commercial Observer has learned.
NYC Council to Create Expert Panel to Usher in New Housing on Small LotsNew York City Council Speaker Julie Menin announced plans Friday to create a working group that could boost housing development across the city’s small lots.
Representative imageLondon-Based Bakery Bread Ahead to Open on Upper East SideBread Ahead, a London-based bakery and baking school, is taking a bite out of the Upper East Side. The beloved doughnut and cream cake purveyor will open its first-ever U.S.
Bain Capital Buys South Florida Industrial Campus for $52MKurv Industrial, formerly called Bridge Industrial, has sold a warehouse campus in Pompano Beach, Fla., for $52 million, property records show. Bain Capital Real Estate purchased the 17-acre asset, called Bridge Point Pompano Beach Commerce Park.
Data Center Solutions Provider Buys Nearly 100K-SF Phoenix Office BuildingTransdien Engineering acquired a 97,372-square-foot office park off the Loop 101 and 7th Street for $19.4 million. Located at 19825 N. 7th Street, the property sits on 17.51 acres and was built in 2004.
Representative imageGary Barnett Buys Friars Club Building for $19MDeveloper Gary Barnett’s Extell Development has purchased New York City’s former home of comedy, the Friars Club building at 57 East 55th Street, for $19 million, sources told Commercial Observer. The sale of the landmarked building closed April 23.
Houston College Converting Former Senior Living Facility to DormsHouston Christian University is converting a former senior living facility into student housing. The 200,000-square-foot facility is scheduled to close in June, allowing the school to begin renovations on the five-story building.
BridgeCity Capital Lends $47M for Prospect Heights ApartmentsCastell Group has secured $47.4 million of construction financing to build a multifamily development in Prospect Heights, Brooklyn, Commercial Observer has learned.
In Reversal, Bed Bath & Beyond Will Reopen in CaliforniaAs part of a 98-store nationwide rollout, the combined Container Store/Bed Bath & Beyond formats will include 12 locations in California.
Hotel/Condo Concept Opens in AustinA unique hybrid hospitality option has opened in Austin. Developed by Pearlstone Partners and operated by AvantStay, The Code redefines ownership with a modern hotel-condo concept. The five-story property blends fully furnished residences with hotel-style service.