Loading
Market Data
Net lease news – page 314
Newest first. Pick a type, a sector, or both.
Representative imageMamdani to Redesign Brooklyn Army Plaza With Connections to Prospect ParkMayor Zohran Mamdani is looking to make Brooklyn’s Grand Army Plaza more accessible and aesthetically pleasing in a major re-envisioning.
Sterling Buys 1.2M-SF Allen Retail CenterSterling Organization, through one of its proprietary funds, purchased a 1.2-million-square-foot retail in Allen. A JLL Capital Market’s investment sales and advisory team, led by Chris Gerard, Barry Brown and Erin Lazarus, represented the sellers, DLC Management Corp.
BMC, Rockpoint Close $71M Loan for Denver-Area ApartmentsA Walker & Dunlop Capital team arranged $71 million in construction financing for The Fillmore at Copperleaf, a 229-unit rental community at 4545 South Versailles St., Arapahoe County in Colorado. BMC Investments and Rockpoint are developing the project.
Affinius Capital Provides $70M Refi for Georgia Industrial CampusCrow Holdings Capital has secured a $70.2 million loan to refinance Terminal East, a two-building, 915,000-square-foot industrial logistics park in Savannah, Ga., Commercial Observer can first report.
Financial Firm Private Export Funding Moves to 10K SF at 880 Third AvenueFinancial institution Private Export Funding Corporation (PEFCO) has moved to a 9,577-square-foot office at Jack Resnick & Sons’ 880 Third Avenue in Midtown East, Commercial Observer has learned.
North Bridge’s Nashville Loan Sets Road Map for C-PACE Construction FinancingNorth Bridge’s latest Commercial Property Assessed Clean Energy (C-PACE) deal made history and established a potential blueprint for developers financing future construction projects.
Miami’s Mandarin Oriental Hotel Razed, 66-Story Tower on WayRubble is all that’s left of the once-vaunted Mandarin Oriental hotel in Miami. Swire Properties demolished the hotel at 500 Brickell Key Drive on Sunday. The 23-story luxury hotel fell in less than half a minute. The S.
Toro Advancing on Johns Creek Mixed-Use DevelopmentToro Development Company (TDC) has closed on the financing for Medley’s second phase, known as “Encore,” and added seven brands, bringing the total number of executed leases to 37, representing 78% of the project’s retail space and 82% of the office space.
Financing Secured for Miami’s Casa Cipriani13th Floor Investments and Midtown Equities snagged financing for Casa Cipriani, a condo and hotel project in Miami. The development will comprise 23 condos and 36 hotel rooms. Casa Cipriani will rise 19 stories on 1.1 acres in the Mid-Beach neighborhood.
Tredway Acquires Texas Affordable Housing Portfolio for $65.5MNEW YORK CITY — Tredway, a multifamily owner-operator based in New York City, has acquired a portfolio of 16 affordable housing and mixed-income residential properties totaling approximately 1,200 units in Texas. The sales price was $65.5 million.
Northwood Ravin Adding to Charlotte’s Providence RowDemolition is continuing at the former Pinehurst on Providence apartment community, to make way for an apartment and townhome community at Providence Row, Northwood Ravin’s sprawling rental development.
Limited Liability Company Buys Apartment Complex in Metro Houston for $31.5MLAKE JACKSON, TEXAS — A limited liability company doing business as 100 CS Park LLC has purchased Plantation Park Apartments in Lake Jackson, a southern suburb of Houston, for $31.5 million. According to Apartments.com, the property was built in 2016 and totals 238 units.
Representative imageMarcus & Millichap Brokers Sale of 207-Unit Boat, RV Storage Facility in Farmersville, TexasFARMERSVILLE, TEXAS — Marcus & Millichap has brokered the sale of a 207-unit boat and RV storage facility in Farmersville, about 45 miles northeast of Dallas.
Representative imageCIM Group Sells 177,434 SF Shopping Center in North DallasDALLAS — Los Angeles-based investment and development firm CIM Group has sold Best Buy Plaza, a 177,434-square-foot shopping center located in North Dallas.
DHL Supply Chain to Develop 1.2 MSF Industrial Project in Annville, PennsylvaniaANNVILLE, PA. — DHL Supply Chain, a developer and third-party logistics firm based in Germany, will develop a 1.2 million-square-foot industrial project in Annville, about 100 miles west of Philadelphia.
IEC Acquires 357-Bed Multifamily Portfolio in Davis, California for Student Housing ConversionDAVIS, CALIF. — Interstate Equities Corp. (IEC) has purchased a two-property apartment portfolio in Davis for $42.8 million from an undisclosed seller. The portfolio includes Pepperwood Apartments at 2222 Sycamore Lane and Temescal Apartments at 2477 Sycamore Lane.
Representative imageColliers Brokers Sale of 158,380 SF Castle Rock Industrial Property in ColoradoCASTLE ROCK, COLO. — Colliers has arranged the sale of Castle Rock Industrial at The Meadows, an industrial asset in Castle Rock. Saunders Commercial Development Co.
Hanley Investment Group Negotiates $3.6M Sale of Starbucks-Occupied Retail Property in San BernardinoSAN BERNARDINO, CALIF. — Hanley Investment Group Real Estate Advisors has negotiated the $3.6 million sale of a single-tenant retail property leased to Starbucks Coffee in San Bernardino.
JLL Negotiates Sale of Two Nashville Multifamily Communities Totaling 177 UnitsNASHVILLE, TENN. — JLL Capital Markets has negotiated the sale of two apartment properties in Nashville’s Hillsboro Village neighborhood totaling 177 units: Belcourt Park and Village 21 at Regions Park.
Representative imageValore Ventures Buys 2-Acre Parcel in Oroville, California for Chick-fil-A DevelopmentOROVILLE, CALIF. — Valore Ventures has acquired a 2-acre development parcel at 350 Oro Dam Blvd. East in Oroville and signed a long-term ground lease with Chick-fil-A for the site.