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Net lease news – page 315
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Representative imageMMCC Arranges $3.2M in Acquisition Financing for The Grove Apartments in Marianna, FloridaMARIANNA, FLA. — Marcus & Millichap Capital Corp. (MMCC) has arranged $3.2 million in acquisition financing for The Grove Apartments, a 44-unit multifamily community located in the heart of the Florida Panhandle in Marianna, approximately 65 miles west of Tallahassee.
Representative imageFaith Technologies Expands in Indiana with 500,000 SF Manufacturing FacilityPITTSBORO, IND. — Faith Technologies Inc. (FTI) is expanding to Pittsboro, about 30 miles northwest of Indiana, and has begun construction on a 500,000-square-foot manufacturing facility within Opus’ Pittsboro Commerce Center.
Associated Bank Provides $32.7M Construction Loan for Multifamily Project in Central WisconsinGRAND CHUTE, WIS. — Associated Bank has provided a $32.7 million loan to Toonen Inc. for the construction of The Strata Apartments, a multifamily complex along McCarthy Road in Grand Chute. The 25-building project will include 236 units.
Representative imageStream Realty Inks 35,000 SF of Leases at 5 City Office Tower in NashvilleNASHVILLE, TENN. — Stream Realty Partners has inked five leases over the past two months at 5 City, a newly delivered, 344,000-square-foot office tower in Nashville. Chicago-based Convexity Properties is the owner and developer of the 15-story tower.
Representative imageBernard Financial Group Secures $14M in Financing for Michigan Multifamily CommunityOAK PARK, MICH. — Bernard Financial Group (BFG) has secured a $14 million permanent loan for a 475-unit multifamily property in Oak Park. Joshua Bernard of BFG arranged the loan on behalf of the borrower, Lincoln Towers Apartments LP. A life insurance company provided the loan.
Property-Focused Real Estate Investment Trusts Are Proving ResilientThis was supposed to be the year of recovery. After suffering from half a decade of the COVID-era hangover — while taking the painful medicine of interest rate hikes — real estate investment trusts (REITs) focused on U.S. property were expected to hit the ground running in 2026.
Representative imageCommercial Real Estate Notables On Zohran Mamdani’s First 100 DaysOne hundred days into Zohran Mamdani’s mayoralty, neither the greatest hopes nor the greatest fears about the Mamdani administration have come to pass. Buses are not free. Rent-stabilized rents are not frozen. And the city’s wealthy have not barnstormed off to Florida en masse.
Jeweler Pandora Inks Retail Lease at Rudin’s 3 Times SquareRudin has secured a 10.5-year retail lease with global jewelry brand Pandora Ventures LLC to create a new retail store at 3 Times Square. The 4,107-square-foot shop is set to open in late 2026.
Talonvest Team Leads in Fundraising for Orange County Walk for KidsAs it has done for several years running, Talonvest Capital will field a team at the Orange County Walk for Kids event at Championship Soccer Stadium in Irvine on April 25, benefiting Ronald McDonald House Orange County.
LIC Parcel Trades to Developer at Full PriceMarcus & Millichap has closed the sale of 28-04 41st Ave., a development site in Long Island City, for $9,375,000.
Ellis Realty Repositions Hingham Offices as South Shore Business HubEllis Realty Advisors will establish new headquarters at 4 Pond Park in Hingham, MA. Vacant since 2019, the office building was acquired in November 2025 and has since been reimagined by Ellis to reflect its vision as a hub for business collaboration on the South Shore.
Western Alliance Provides $78M Financing for Low-Income Housing in Mission DistrictWestern Alliance Bank is providing $77.9 million in construction financing and Low-Income Housing Tax Credit equity for The Marvel in the Mission, the largest affordable housing development in San Francisco’s Mission District.
On Location Signs DTLA’s Largest New Office Lease Since 2024CBRE facilitated a 108,272‑square‑foot lease at 445 S. Figueroa St. in Downtown Los Angeles on behalf of Washington Capital.
Lincoln Property Company Hires Sean Perrier for SoCal Industrial DealsGlobal real estate firm Lincoln Property Company (LPC) has hired Sean Perrier to be a vice president targeting industrial acquisitions in Southern California, Commercial Observer can first report.
Living Proof Leases Entire Floor at Brick-and-Beam Property in Seaport DistrictLife sciences firm Living Proof has executed a 14,085-square-foot lease for office and lab space at GENESIS 12 Farnsworth a brick-and-beam property converted from office use and located at 12 Farnsworth St. in Boston’s Seaport District.
AI Tenants Double Their NYC Leasing Activity Year Over YearAI companies are leasing space in New York City at double the pace of last year, JLL reported. Leasing volume through March 31 already reached half of the full-year 2025 total, and the average lease size has more than doubled from 16,600 to 34,500 square feet.
Associated Bank Finalizes $33M Loan for Wisconsin Multifamily ProjectAssociated Bank recently completed a $32.75 million loan to Toonen, Inc. for the construction of a multi-family apartment complex at 2101-2431 McCarthy Road in Grand Chute, Wisconsin.
60-Acre College Campus Listed for Sale in Suburban ChicagoTrinity Christian College has retained CBRE as exclusive listing agent for the sale of its campus at 6601 West College Drive in Palos Heights, Illinois, approximately 18 miles southwest of downtown Chicago.
Representative imageAI Likely to Challenge Office Sector for the Rest of the DecadeThe impact could raise already high vacancies, Newmark report finds. The post AI Likely to Challenge Office Sector for the Rest of the Decade appeared first on Commercial Property Executive.
Forest Hills Synagogue to Sell to RJ Capital, Top Rock Holdings for $39MRJ Capital Holdings and Top Rock Holdings, two New York City-based real estate development and investment firms, are in contract to purchase the Forest Hills Jewish Center (FHJC) at 106-06 Queens Boulevard in Forest Hills, Queens, for $39 million, according to New York State…