Net lease news – page 30

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LendingAffinius Capital Provides $130M Construction Loan for Chicago Multifamily TowerSep 17, 2026A joint venture between Mavrek Development and Fengate Asset Management has secured $130.4 million in construction financing to build a 25-story, 380-unit multifamily tower in Downtown Chicago, Commercial Observer can first report.LendingBally’s Receives $560M in Financing for Casino, Resort Project in The BronxSep 17, 2026NEW YORK CITY — Bally’s Corp. (NYSE: BALY) has received $560 million in financing for its new casino and resort project in The Bronx.Representative imageNokia to Undertake $30M Expansion of Lehigh Valley Semiconductor FacilitySep 17, 2026UPPER MACUNGIE, PA. — Nokia will undertake a $30 million expansion of its photonic semiconductor advanced test and packaging facilities and operations within the Lehigh Valley city of Upper Macungie.TenantsAdvanCell Signs 128,000 SF Life Sciences Lease in Andover, MassachusettsSep 17, 2026ANDOVER, MASS. — AdvanCell has signed a 128,000-square-foot life sciences lease in the northern Boston suburb of Andover.DevelopmentDeveloper Launches Investor Offering for 465-Unit Boynton Beach Rental CommunitySep 17, 2026Time Equities, Inc launched a $95.3 million tenant-in-common (“TIC”) investment offering for OCTAVIA, an eight-story, 465-unit Class A multifamily community under construction in downtown Boynton Beach, Florida.TenantsNRG Adventure Park to Open 59,000 SF Entertainment Venue in Paramus, New JerseySep 17, 2026PARAMUS, N.J. — NRG Adventure Park will open a 59,000-square-foot entertainment venue in the Northern New Jersey community of Paramus.DealCentersJLL Arranges $86.7M Sale of 323,113 SF Shopping Center in Metro RaleighSep 17, 2026RALEIGH, N.C. — JLL has arranged the $86.7 million sale of Knightdale Marketplace, a 323,113-square-foot super regional shopping center in metro Raleigh. Invesco Real Estate purchased the 43.5-acre property from a joint venture between affiliates of Bailard Inc.Representative imageWalmart to Anchor 40-Acre Retail Development in St. Cloud, FloridaSep 17, 2026ST. CLOUD, FLA. — Walmart plans to anchor a new 40-acre retail development underway in St. Cloud, an Orlando suburb in Osceola County. Situated at the intersection of U.S.OfficeDigital Financial Services Firm Zip Takes 13K SF at Rudin’s 41 Madison AvenueSep 17, 2026Zip, a digital banking company, is relocating to a new office space, Commercial Observer has learned.DevelopmentIndustrialMagnus Breaks Ground on 226,800 SF Industrial Building at 803 Park in Columbia, South CarolinaSep 17, 2026COLUMBIA, S.C. — Magnus Development Partners has broken ground on Gateway 2, the fourth building at the 803 Park industrial campus adjacent to Columbia Metropolitan Airport.LendingTrilogy Obtains Construction Loan for 172-Unit Build-to-Rent Project in HuntsvilleSep 17, 2026HUNTSVILLE, ALA. — Trilogy Investment Co. has closed on a construction loan for REV3 at The Celeste, a 172-unit build-to-rent (BTR) townhome community underway in Huntsville. The loan amount was not released.Subtext Completes 769-Bed Student Housing Development Near Arizona State UniversitySep 17, 2026TEMPE, ARIZ. — Subtext has completed VERVE Tempe, a 769-bed student housing development located at 1047 S. Terrace Road near the Arizona State University campus in Tempe.TenantsIndustrialWarehub Founder James Holbrook On Industrial’s Flexibility NeedsSep 17, 2026U.S. industrial real estate spent much of the pandemic defined by tenants racing to secure as much warehouse space as they could for as long as they could. Those days are long gone.Representative imageThe Problem With Fake BuyersSep 17, 2026“Hello Mister,” the email began. “I would like to look at this property and also other similar properties with a pool, a garage, and a bathroom in the Upper East Side, SoHo or Long Island.” This was an inquiry on a $700,000 studio in Greenwich Village.TenantsNYC Lawmakers Consider Mandating Lease Extensions For RetailersSep 16, 2026NYC Council seeks to stabilize retail leasing amid challenges. Critics worry the new bill may backfire, affecting tenants and landlords alike.DealIndustrialNetflix House Building In King Of Prussia Sells For $60M: The Philadelphia Deal SheetSep 16, 2026EPR Properties bought the Netflix House property for $60M. Also in the Philly Deal Sheet, a Delaware County industrial sale and a Philadelphia Navy Yard lease.Defense Tech Firms Setting Up Shop In Trump Family's Palm Beach OrbitSep 16, 2026Nine defense-related companies have opened offices in South Florida in the past year.Philly's Busy Summer Created Momentum. Can The City Turn It Into Long-Term Growth?Sep 16, 2026Philadelphia's summer boost hints at economic growth, but real estate leaders say tax and quality-of-life issues may impede long-lasting success.TenantsNaftali Group Brings CorePower Yoga to GramercySep 16, 2026Naftali Group said that CorePower Yoga, the nation’s largest yoga studio brand, will open at The Willow, Naftali’s new luxury residential development located at 201 E. 23rd St. in Manhattan’s Gramercy neighborhood.1031Centers1031 Deadline Means Fast Closing on Lynwood Retail CenterSep 16, 2026Hanley Investment Group Real Estate Advisors represented the buyer in the acquisition of a Walgreens‑anchored, 39,146‑square‑foot center located at 10901–10927 Atlantic Ave. and 4351 E. Imperial Hwy.