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Net lease news – page 297
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Representative imageCaliber to Build Hyatt Extended-Stay HotelThe Colorado property will be the first in a 15-property development deal. The post Caliber to Build Hyatt Extended-Stay Hotel appeared first on Commercial Property Executive.
Representative imageAbbVie Launches $1.4B North Carolina Manufacturing CampusThis is the company’s first project in the state. The post AbbVie Launches $1.4B North Carolina Manufacturing Campus appeared first on Commercial Property Executive.
Beacon Economics’ Christopher Thornberg on Challenges Facing California CRE (VIDEO)“There’s a permanent gap between what people think is happening in the economy and what is actually happening in the economy,” said Dr. Christopher Thornberg, founding partner at Beacon Economics. “Sometimes the gap is in one direction: in 2006, people were way too optimistic.
Cybersecurity Firm Subleases 51K SF at 120 BroadwaySavills represented Adaptive Security, an AI-powered cybersecurity company, in a 51,220-square-foot long-term sublease at 120 Broadway in Lower Manhattan.
Driver SPG Completes Rove EV Charging Location in Costa MesaDriver SPG, an affiliate of C.W. Driver Companies, has opened the large-scale Rove EV charging station location in Costa Mesa. The project is Driver SPG’s second with Rove, which incorporates a hospitality model to accommodate the charging time for all electric vehicles.
Cheesesteak & Co. Opening First Baltimore County Location at Red Run StationCheesesteak & Co. has selected Red Run Station in Owings Mills as the site for the carryout restaurant’s first Baltimore County location. The new store will join the culinary concept’s inaugural location in Howard County, which opened in 2024.
Mixed-Income Mott Haven Project Lands $130M Construction LoanJLL Capital Markets arranged $130 million in construction financing for The 360, a 13-story mixed-use development located at 350 Grand Concourse in the Mott Haven neighborhood of the South Bronx.
Seabrook Land Company Wins Urban Design AwardSeabrook Land Company and Qamar & Associates were awarded the grand prize at the 2026 Congress for the New Urbanism Charter Awards, which honor urban design and placemaking.
JLL Arranges Acquisition Loan for Suburban Maine ApartmentsJLL Capital Markets announced today that it has secured $13.55 million acquisition financing for Carrier Woods, an 84-unit Class A multifamily property in Scarborough, ME.
Construction Complete on Opus Build-to-Suit Facility for Elgin RecyclingOpus has completed construction on a 52,174-square-foot build-to-suit facility for Elgin Recycling at 58 Center Drive in Gilberts, Illinois.
City Heights Landmark Redeveloped into Affordable HousingWakeland Housing, in partnership with Price Philanthropies Foundation, hosted a grand opening celebration recently for The Teralta, a new mixed-use affordable housing community in San Diego’s City Heights neighborhood that transformed a historic 1948 landmark into 73 affordable…
VanTrust Fully Leases New Albany Tech Park 300VanTrust Real Estate announced that New Albany 300, a 300,400-square-foot industrial facility currently under construction at 12550 Jug Street in The New Albany International Business Park in Ohio is now fully leased.
CBRE Hires Cannon Hill’s Chris Masotto to Lead NYC Property ManagementCBRE has hired Chris Masotto to lead its property management market operations for New York, Long Island and Southern Connecticut, Commercial Observer has learned.
Bain Capital, Smith Hill Lend $94M on Rebranded Tampa HotelA joint venture between Newbond Holdings and Apollo has landed a $94.36 million loan to refinance a rebranded hotel in Downtown Tampa, Fla, Commercial Observer has learned.
Moinian Group to Convert Office Portion of 17 Battery Place Into Residential UnitsThe Financial District is about to make room for even more residents, as the Moinian Group announced Wednesday its latest office-to-residential conversion project at 17 Battery Place.
Representative imageRental Cost of Self-Storage Units in U.S. Almost Halved as Demand SlipsSelf-storage rental rates have dramatically decreased since prices peaked at an average of $132.06 per month for a 10-foot-by-10-foot unit in July 2022, Commercial Observer has learned.
Rivani to Spend Another $50M Adding Office, Restaurant Space to Miami Beach BuildingRobert Rivani wants to expand his mixed-use, Miami Beach building near Lincoln Road by converting the garage into more leasable space.
Triten Offloads 357K-SF Houston Distribution FacilityTriten Real Estate Partners sold the Fairbanks Northwest Distribution Center, a newly constructed, Class-A industrial property totaling 357,570 square feet in the Northwest Houston submarket.
Creation Helming Three-Building Avondale Warehouse CampusCreation with a real estate fund advised by Crow Holdings Capital, closed on a 38-acre site in Avondale for the development of Avondale Tech Center, a three-building Class-A industrial campus totaling approximately 700,000 square feet.
Caliber Building Hyatt-Branded Hotels in Scottsdale, Steamboat SpringsCaliber is building two Hyatt Studios, one in Steamboat Springs and the other Scottsdale, AZ. The first project in Steamboat Springs closed acquisition and construction financing in April 2026 and is expected to break ground during the second quarter of 2026.