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Net lease news – page 298
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First Cherry Creek West Office Building Launches Lease EffortEast West Partners and private equity partner Ascentris launched leasing for the first office building at Cherry Creek West, a 13-acre mixed-use redevelopment project.
When “Safe” Isn’t So Safe: How the Iran War Scrambled the Bond Market PlaybookExecutive Summary The fixed-income playbook is being challenged as geopolitical tensions collide with evolving macro risks, upending traditional assumptions about safety and diversification.
PCCP Provides $130M Construction Loan for Mott Haven Mixed-Use ProjectA joint venture between Shorewood Real Estate Group and Bogopa Enterprises has secured $130 million in construction financing to build The 360, a 13-story, grocery-anchored residential property that will deliver 304 apartment units to the Bronx, Commercial Observer can first…
Dreamscape Advancing Nashville Office ConversionSince buying the Fifth Third Center office building at a deep discount in August, Dreamscape has been working to transform the 33-story building.
HR Tech Firm Kombo Technologies Takes 8K SF at GFP’s 171 Madison AvenueHuman resources technology platform Kombo Technologies has signed an 8,400-square-foot lease in Midtown South.
Representative imageReports: Super Studios to Open $750M Film Production, Mixed-Use Campus in Mansfield, TexasMANSFIELD, TEXAS — Super Studios USA will open a film production and mixed-use campus in Mansfield, a southern suburb of Fort Worth, according to reports from multiple news outlets, including MSN and the Dallas Business Journal.
Partnership Receives Financing for Renovation of 337-Room Hotel in IrvingIRVING, TEXAS— A partnership between 3H Group Inc. and Dallas Lodging Associates LLC has received an undisclosed amount of financing for the renovation of the 337-roomRenaissance Dallas North Hotel in Irving.
MetroNational Buys 218,000 SF Office, Retail Development in Houston’s Heights DistrictHOUSTON — Local owner-operator MetroNational has purchased M-K-T Heights, a 218,000-square-foot office and retail development located just west of downtown Houston.
Virgin Hotel to Open at Centennial YardsVirgin Hotels plans to open a hotel at Centennial Yards, the $5 billion, 50-acre mixed-use redevelopment in Downtown Atlanta. Scheduled for a 2027 debut, the hotel will serve as a cornerstone in Centennial Yards’ Entertainment District.
Representative imageSCL ColdChain Signs 56,925 SF Industrial Lease Expansion in IrvingIRVING, TEXAS — SCL ColdChain has signed a 56,925-square-foot in Irving. The provider of refrigerated transit services now occupies 104,846 square feet at the building at 9001 Sterling St. Todd Hubbard of NAI Robert Lynn represented the tenant in the lease negotiations.
Timberline, Origami Capital Break Ground on 6.4 MSF Rivana Mixed-Use Development in Northern VirginiaDULLES, VA. — A partnership between Timberline Real Estate Partners and Origami Capital Partners LLC has broken ground on Rivana, a 6.4 million-square-foot mixed-use development located on 103 acres in Northern Virginia’s Loudoun County.
Bonaventure Purchases Virginia Beach Apartment Community for $39.5MVIRGINIA BEACH, VA. — Bonaventure, a multifamily owner-operator based in Alexandria, Va., has purchased Royal Pointe Apartments, a 208-unit garden-style community in Virginia Beach.
Coreforce Signs 32,945 SF Office Lease at Uptown Atlanta Mixed-Use DevelopmentATLANTA — Coreforce, a public safety tech firm based in Decatur, Ga., has signed a 32,945-square-foot office lease at Uptown Atlanta, a mixed-use development by Rubenstein Partners LP that straddles Atlanta’s Buckhead and Midtown submarkets.
Marcus & Millichap Brokers $3.8M Sale of Southwest Florida Retail Strip Center Leased to Starbucks, Tide CleanersBONITA SPRINGS, FLA. — Marcus & Millichap has brokered the $3.8 million sale of a 4,665-square-foot retail strip center located at 27250 Bay Landing Drive in Bonita Springs, a city in southwest Florida.
Jax Apartment Investor Inks $50.5M RefiBeachwold Residential inked a $50.5 million first mortgage loan to refinance a 308-unit garden-style apartment community in Jacksonville, FL. The financing was led by Mesa West Capital’s Russell Frahm and Brad McCarthy.
ACRE Scores $123.8M Construction Loan for Miami Rental CommunityACRE landed a $123.8 million loan, allowing it to start work on a Miami residential community. Canyon Partners Real Estate provided the financing. Adela on the Park will comprise 337 residential units along with 6,000 square feet of ground-floor retail.
Gantry Secures $40M Loan for Xebec-Owned Industrial Properties Near Los AngelesVERNON AND PACOIMA, CALIF. — Gantry has secured a $40 million permanent loan to retire maturing debt on two cross-collateralized industrial buildings in Vernon and Pacoima, two active Los Angeles submarkets.
Premier Logistics Properties, PCCP Buy 813,120 SF Industrial Facility in North Las VegasNORTH LAS VEGAS, NEV. — Premier Logistics Properties, in partnership with PCCP, has acquired an infill, big box warehouse at 4550 Nexus Way in North Las Vegas. Terms of the off-market transaction were not disclosed.
Creation to Develop 700,000 SF Industrial Campus in Avondale, ArizonaAVONDALE, ARIZ. — Creation, in partnership with a real estate fund advised by Crow Holdings Capital, has closed on a 38-acre site in Avondale for the development of Avondale Tech Center, a Class A industrial campus. Construction is slated to begin this summer.
Progressive Real Estate Partners Brokers $2.9M Sale of Armstrong Building in Pomona, CaliforniaPOMONA, CALIF. — Progressive Real Estate Partners has arranged the sale of The Armstrong Building, a historic mixed-use property at 150-196 E. Third St. and 345 S. Locust St. in Pomona.