Net lease news – page 318

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DealCentersNeighborhood Shopping Center Trades After 50-Year HoldApr 9, 2026Atlantic Capital Partners arranged the sale of 211 Lowell St., a grocery-anchored shopping center in Wilmington, MA. Buyer and sale price were not disclosed.California People and Company News, Week of April 10, 2026Apr 9, 2026The post California People and Company News, Week of April 10, 2026 appeared first on Connect CRE.DealIndustrialPanattoni Buys $9M Site in North Bend for Industrial DevelopmentApr 9, 2026Panattoni Development Company has acquired 32 acres just outside of the Seattle metropolitan area for $9 million, with plans for a multi-building industrial project.Representative imageDealOfficeNew York City Still the Undisputed Champ in Attracting Tech and Finance TalentApr 9, 2026New York City is home to more tech and finance bros (and their female counterparts) than at any other time in its history, according to a new report, which should have office brokers and landlords champing at the bit to fill up any vacant space they may have available.LendingMarcus & Millichap Capital Corporation Secures Financing for DC Multifamily PropertyApr 9, 2026Marcus & Millichap Capital Corporation arranged $4.13 million in financing for a newly built, 11-unit multifamily property located at 1706 17th Street Southeast in Washington, D.C. Jared Cassidy, senior director in MMCC’s Washington, D.C.DevelopmentPortland Commits $600M to Renovate Moda CenterApr 9, 2026Portland Mayor Keith Wilson announced the city is committed to renovating the Moda Center, the home arena of the NBA’s Trail Blazers.IndustrialPrologis, La Caisse Plan $1B Expansion in European Industrial SectorApr 9, 2026Two North American industrial landlords are planning a grand tour with $1.17 billion for investment opportunities.DealInvestment Firm T30 Capital Sells Row of Central Park West Apartments for $34MApr 9, 2026An entity linked to Korean investor John Choi has purchased a row of low-rise Upper West Side apartment buildings along the north end of Central Park for $33.6 million, according to city records made public Wednesday.TenantsIT Provider Syscom Global Solutions Renews 15K-SF Lease at 55 BroadwayApr 9, 2026Syscom Global Solutions, a cyber-security and IT support provider, has renewed its lease at 55 Broadway, signing on for an additional three years in its existing 15,504-square-foot space, according to landlord broker CBRE.LendingIndustrialWells Fargo Provides $150M Acquisition Loan for Industrial PortfolioApr 9, 2026A joint venture between Dalfen Industrial and Investcorp has inked $150 million of financing for the purchase of a 19-asset logistics portfolio in the markets of Dallas, Chicago, Indianapolis and Cincinnati, Commercial Observer has learned.Representative imageDealDoveHill Acquires Historic Connecticut HotelApr 9, 2026This is DoveHill’s second acquisition of an Auberge Resorts Collection property. The post DoveHill Acquires Historic Connecticut Hotel appeared first on Commercial Property Executive.LendingPrime Finance Provides $71M Refi For Denver-Area Townhome CommunityApr 9, 2026BMC Investments and Rockpoint have secured $71 million to refinance the Fillmore at Copperleaf, a 229-unit single-family rental and townhome community in unincorporated Arapahoe County, Colo., Commercial Observer can first report.LendingMavik Lends $24M for Fort Greene Multifamily TowerApr 9, 2026Quinlan Development Group has secured $23.5 million of acquisition financing for the purchase and development of a multifamily tower in Fort Greene, Brooklyn, Commercial Observer has learned.Representative imageDealCentersAres Management Acquires Whitestone REIT in $1.7B All-Cash DealApr 9, 2026Whitestone REIT, a Houston-based real estate investment trust (REIT) with a shopping center portfolio exclusively invested in Arizona and Texas and a market capitalization of $971 million, is no longer a public company.DealAmerican Landmark Apartments CEO Buys South Florida Hilton Embassy for $40MApr 9, 2026Joe Lubeck, the CEO of multifamily investor American Landmark Apartments, has bought a Hilton Embassy Suites in Palm Beach Gardens, Fla., for $40 million, Commercial Observer has learned.LendingMadison Realty Capital Supplies $61M Bridge Loan for N.J. Multifamily ProjectApr 9, 2026An affiliate of Sanz Property Management has sealed $61 million of bridge debt for a newly completed multifamily asset in northern New Jersey, Commercial Observer has learned.LendingOfficeSpecial Servicing Rate Rises to 11% in MarchApr 9, 2026The Trepp CMBS Special Servicing overall rate increased by 27 basis points in March 2026 to 11.00%, driven mainly by six large office loans. The loans outweighed several sizable cures, pushing the overall rate higher month over month, according to Trepp.LendingReturn to Lender: Week of April 9, 2026Apr 9, 2026The post Return to Lender: Week of April 9, 2026 appeared first on Connect CRE.TenantsAkari Sauna House Signs 3K-SF Lease at 888 Lorimer Street in GreenpointApr 9, 2026Akari Sauna House has signed a 3,000-square-foot lease in Greenpoint, Brooklyn, after experiencing a rapid expansion in 2025, Commercial Observer has learned.DevelopmentVaya Development Plans 285-Unit Residential Building in QueensApr 9, 2026Vaya Development, a new construction and preservation-focused development company, has filed plans to build a 285-unit, 290,561-square-foot residential building at 164-02 Jamaica Avenue in Jamaica, Queens.