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Net lease news – page 293
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Franklin Street Properties Adds BofA, JLL Securities to Strategic ReviewWakefield, MA-based office REIT Franklin Street Properties Corp. has expanded its ongoing strategic alternatives review process to include BofA Securities and Jones Lang LaSalle Securities, LLC as co-financial advisors in an expansion of its ongoing strategic review process.
Triad Development Team Eyeing Mixed-Use Project Near AirportPhillips Management, with Signature Property Group, is developing a mixed-use community with more than 700 multifamily units, commercial and office space near Piedmont Triad International Airport.
NYC Q1 2026 Investment Sales Volume Posts 50% Increase Over Q1 2024New York City’s investment sales market recorded $6.8 billion in dollar volume in the first quarter of 2026, a 4% year-over-year increase and a 50% increase over Q1 2024 levels, Ariel Property Advisors reported.
Newmark Arranges $94.4M Loan for Refinancing, Repositioning of Downtown Tampa HotelTAMPA, FLA. — Newmark has arranged a $94.4 million loan for the refinancing of Hotel Cala, formerly known as Hotel Tampa Riverwalk. The 281-room is located along the 2.6-mile Tampa Riverwalk overlooking the Hillsborough River in downtown Tampa.
Noble Opens 148-Room Tempo by Hilton Savannah Historic District HotelSAVANNAH, GA. — Noble Investment Group has opened Tempo by Hilton Savannah Historic District, a 148-room hotel located at 220 E. Bryan St. in downtown Savannah.
FRP Development Completes 200,000 SF Industrial Facility in Delray Beach, FloridaDELRAY BEACH, FLA. — FRP Development Corp. has completed the first phase of Logistics Center at Delray, a 40-acre industrial park underway in west Delray Beach. Situated along Route U.S.
Novare, BCDC Welcome Residents to 271-Unit Apartment Community in KnoxvilleKNOXVILLE, TENN. — A joint venture between Novare Group and Batson-Cook Development Co. (BCDC) has begun tenant move-ins at Elmstead West Knoxville, a 271-unit apartment community located at 962 Mabry Hood Road in Knoxville.
Riverside-Led Team to Redevelop Charlotte Office TowersRiverside Investment & Development and Singerman Real Estate acquired the former Two Wells Fargo Center at 301 S. Tryon St. The Charlotte Business Journal reports the joint venture paid $36.5 million.
CapRock Partners Begins Development of 483,128 SF Industrial Project in Sunnyvale, TexasSUNNYVALE, TEXAS — California-based development and investment firm CapRock Partners has broken ground on Clay Road Business Park, a 483,128-square-foot industrial project in Sunnyvale, an eastern suburb of Dallas.
Related, BH Group Obtains $360M Construction Financing for Hollywood CondosReal estate developers Related Group (Related) and BH Group closed on a $360 million construction financing from Tyko Capital for the waterfront development Icon Beach Waterfront Residences. to three-bedroom residences range from 948 to 2,580 square feet.
Representative imagePartners Development Breaks Ground on 108,750 SF Industrial Project in Buda, TexasBUDA, TEXAS — Partners Development, a division of Partners Real Estate, has broken ground on a 108,750-square-foot industrial project in Buda, a southern suburb of Austin.
Representative imageEöS Fitness to Open 30,000 SF Gym in ArlingtonARLINGTON, TEXAS — EöS Fitness will open a 30,000-square-foot gym in Arlington.
Representative imageDaltex Glass & Aluminum Signs 11,430 SF Industrial Lease Expansion in Farmers Branch, TexasFARMERS BRANCH, TEXAS — Daltex Glass & Aluminum has signed an 11,430-square-foot industrial lease expansion in the northern Dallas suburb of Farmers Branch.
U.S. Office Begins to Stabilize as More Markets Record Positive AbsorptionDespite a first quarter of 2026 that saw negative absorption, the U.S. office market is beginning to stabilize, Cushman & Wakefield reported.
Representative imageChicago’s Industrial Market Records Strong Starts Amid Elevated VacancyFind out which of the market's metrics are staying strong, according to Yardi Matrix. The post Chicago’s Industrial Market Records Strong Starts Amid Elevated Vacancy appeared first on Commercial Property Executive.
Partnership Delivers 283-Unit Build-to-Rent Community in North PhoenixPHOENIX — Mark-Taylor Residential, Scottsdale, Ariz.-based Sunbelt Holdings and Boston-based Rockpoint have developed The Hillburn, a build-to-rent multifamily community in North Phoenix. Located at 2550 W.
Sonnenblick-Eichner Co. Secures $24M Loan for Refinancing of Cedarbrook Lodge Hotel in SeattleSEATTLE — Sonnenblick-Eichner Co. has arranged $24 million in first mortgage debt to refinance Cedarbrook Lodge in Seattle. A private real estate debt fund provided the nonrecourse, floating-rate, interim five-year loan. Located at 18525 36th Ave.
Representative imageColdwell Banker Commercial Brokers $7.9M Sale of Industrial Property in Enumclaw, WashingtonENUMCLAW, WASH. — Coldwell Banker Commercial has arranged the sale of an industrial building located at 1920 Garrett St. in Enumclaw. Thundering Mountain LLC sold the asset to Cascadia Collection and DC Auto Transport for $7.9 million.
Representative imageCBRE Negotiates $7.1M Sale of Retail Center in Fresno, CaliforniaFRESNO, CALIF. — CBRE’s Retail Investment Properties – West has directed the sale of Shops at The Marketplace at El Paseo in Fresno. A private investor acquired the asset from an undisclosed seller for $7.1 million.
Representative imageJLL Income Property Trust Buys 605,000 SF Industrial Property in Metro Indianapolis for $60MWHITESTOWN, IND. — JLL Income Property Trust has acquired Whitestown Distribution Center III, a Class A industrial facility in the Indianapolis suburb of Whitestown, for approximately $60 million.