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Net lease news – page 321
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Smaller-Format, Experiential Spaces Lead Puget Sound Retail LeasingThe Puget Sound retail market continues to demonstrate stability as 2026 begins, supported by steady consumer spending and improving foot traffic across the region, according to a recent Kidder Mathews report.
121K-SF Detroit-Area Retail Plaza Changes HandsMid-America Real Estate Investment Sales Group announced the sale of Dix-Toledo Shopping Center, a 121,184-square-foot community center located in the Detroit suburb of Southgate, Michigan.
Poverty-Fighting Nonprofit Robin Hood Signs 53K-SF Deal at 841 BroadwayPoverty-relief nonprofit Robin Hood has signed a 30-year, 53,000-square-foot lease at the Feil Organization’s 841 Broadway, Commercial Observer has learned.
Metro Loft and Quantum Pacific in Contract to Buy 1 Whitehall Street for $100MNathan Berman and Idan Ofer are close to finalizing a deal to acquire 1 Whitehall Street in Manhattan’s Financial District for yet another office-to-residential conversion for the duo.
Representative imageJewelry Purveyor Pandora Signs 4K-SF Retail Lease at Rudin’s 3 Times SquareJewelry retailer Pandora is setting up a new store in Manhattan’s Times Square, Commercial Observer has learned.
Representative imageGindi Capital Acquires 163K-SF Office Building, Retail Condos in Downtown BrooklynFamily-owned investment firm Gindi Capital paid a combined $70 million for the control of two commercial properties in Downtown Brooklyn.
Representative imageNuveen Buys Suburban South Florida Retail Center for $46MNuveen is back to buying in South Florida. The Chicago-based investor, which is owned by Teachers Insurance and Annuity Association of America, paid $46.3 million for a suburban retail center in Broward County, property records show.
Green Fuels Supplier Looking at $160M Gulf Coast FacilityA green fuels producer is considering Point Comfort, between Corpus Christi and Galveston on the Gulf Coast, for a factory. Should it decide on the location, Synergen Green Energy expects to spend over $160 million in construction costs.
North Padre Island Resort Listed for SaleAvison Young has been retained to market for sale Whitecap Resort, a shovel-ready 240-acre, amenity-driven coastal master-planned boating community located on North Padre Island in Corpus Christi, TX.
Las Vegas Apartment Investor Launches “Path to Homeownership” ProgramCherry Development is launching a Path to Homeownership Program to help its Las Vegas apartment residents transition from renting to owning a home. Cherry owns the shareDowntown apartment communities.
SYU Properties Sells Bed-Stuy Retail Buildings to Residential Landlord for $36MYosef Elishayev’s SYU Properties, a New York-based development and management company, has sold three new developments in Bedford-Stuyvesant, Brooklyn.
568K-SF Charlotte Office Park for SaleCBRE has the listing for ThExchange, a 14-building, 568,811-square-foot Charlotte Office Park. CBRE’s Patrick Gildea and Matt Smith are marketing the property, located near the airport, on behalf of owner Ares Management Corp.
Representative imageICP Underway on 685,000 SF Industrial Redevelopment Project Near San AntonioWINDCREST, TEXAS — Cleveland-based investment and development firm Industrial Commercial Properties (ICP) is underway on a 685,000-square-foot industrial project in Windcrest, located just northeast of San Antonio.
McDowell Snags Financing for Pensacola Mixed-Income Rental CommunityMcDowell Housing Partners (MHP) closed on financing to build Ekos at Warrington, its first affordable housing community in Pensacola, FL. It’s McDowell Housing Partners’ 17th project to start construction in the state of Florida.
IPA Negotiates Sale of 372-Unit Multifamily Portfolio in East DallasDALLAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of a two-property multifamily portfolio totaling 372 units in East Dallas. Creekstone is a two-story, 220-unit apartment complex that was built in 1982.
Trademark Welcomes Eight New Tenants to Galleria Mall in DallasDALLAS — Trademark has welcomed eight new tenants to the 1.4 million-square-foot Galleria Mall in Dallas, which the Fort Worth-based owner-operator is currently redeveloping.
Basis Industrial, OneIM Acquire Industrial Portfolio in Orlando, Metro Atlanta for $144.6MDELRAY BEACH, FLA. — A joint venture between Delray Beach-based Basis Industrial and global investment management firm One Investment Management (OneIM) has purchased an industrial portfolio in the Orlando and Atlanta markets.
Walker & Dunlop Arranges $104.5M Construction Loan for Ritz-Carlton Savannah HotelSAVANNAH, GA. — Walker & Dunlop has arranged a $104.5 million construction loan for Ritz-Carlton Savannah, a 168-room luxury hotel located at 2 E. Bryan St. in Savannah. The hotel is a redevelopment of two obsolete office buildings built in 1911 in Savannah’s Historic District.
Medipower Acquires Four Atlanta-Area Retail CentersMedipower has added seven grocery-anchored retail centers to its US portfolio, four in the Atlanta metro area. The Israeli-based company paid $115 million for the grouping of centers. A number of the centers are found on the SITE Centers website.
SVN | Wood Brokers Sale of 23-Story Riverview Tower in Downtown KnoxvilleKNOXVILLE, TENN. — SVN | Wood Properties has brokered the sale of Riverview Tower, a 23-story office tower located at 900 S. Gay St. in downtown Knoxville. Apex Bank purchased the building for an undisclosed price from an affiliate of Hertz Investment Group.