Net lease news – page 324

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Indoor Malls Can Win at Drawing TrafficApr 7, 2026Shopping centers continue to defy the “dead mall” narrative, reinventing themselves and often thriving, Placer.ai says in a new white paper.Representative imageIn New York City, the Ballot Is the New Zoning MapApr 7, 2026For most of my career, I have told clients that if you want to understand value in New York City real estate, you need to understand three things: location, zoning and the market.LendingMF1 Lends $170M for Flatbush Multifamily DevelopmentApr 7, 2026Clipper Equity has sealed a $170 million loan to refinance a multifamily development at the site of a former landmarked Sears building in Flatbush, Brooklyn, Commercial Observer has learned.LendingSavannah Ritz-Carlton Developer Lands $104.5M Construction LoanApr 7, 2026TMGOC Ventures inked a $104.5 million loan to facilitate the construction financing for the Ritz-Carlton Savannah, a 15-story luxury hotel located in the heart of Savannah’s Historic District.LendingJLL Arranges Acquisition Financing for 322-Unit Apartment Community in DentonApr 7, 2026DENTON, TEXAS — JLL has arranged acquisition financing for Resia Rayzor Ranch, a 322-unit apartment community located in the North Texas city of Denton.DealNewmark Brokers Sale of 283-Unit Apartment Complex in Grand Prairie, TexasApr 7, 2026GRAND PRAIRIE, TEXAS — Newmark has brokered the sale of Jefferson Cove, a 283-unit apartment complex located midway between Dallas and Fort Worth in Grand Prairie. Completed in 2024, Jefferson Cove offers one-, two- and three-bedroom units.OfficeKurv to Raze Doral Office Property, Warehouses on WayApr 7, 2026Kurv Industrial is building two speculative warehouses on a site in Doral that is currently home to eight office buildings. Seven of the eight buildings will be demolished to make way for the new industrial development. One currently occupied office building will remain.Representative imageDealOfficeMarcus & Millichap Negotiates Sale of 44,104 SF Office Building in IrvingApr 7, 2026IRVING, TEXAS — Marcus & Millichap has brokered the sale of a 44,104-square-foot office building in Irving’s Las Colinas district.Representative imageTenantsOfficeNetwork Funding Signs 12,750 SF Office Lease in Houston’s Westchase DistrictApr 7, 2026HOUSTON — Network Funding has signed a 12,750-square-foot office lease in Houston’s Westchase District. The lender is taking space within Building I at The Towers at Westchase.LendingPartnership Receives $172M in Financing for Mixed-Income Housing Redevelopment in Metro BostonApr 7, 2026CHARLESTOWN, MASS. — A partnership between Leggat McCall Properties, Joseph J. Corcoran Co. and the Boston Housing Authority has received $172 million in financing for a mixed-income housing redevelopment in Charlestown, located north of Boston.Gotham, DeNunzio Teaming Up on 400-Unit Clearwater Rental CommunityApr 7, 2026The Gotham Organization and The DeNunzio Group began work on their mixed-use development, The Bluffs, in downtown Clearwater.TenantsFintech Company Adyen Leases 90K SF in Adjacent Fifth Avenue BuildingsApr 7, 2026A pair of corporate tenants inked two separate lease deals for a total of 110,000 square feet at the Winter Organization-owned conjoined buildings at 111 and 115 Fifth Avenue in Manhattan’s Flatiron District, Commercial Observer has learned.Representative imageNew York City’s Rent-Stabilized Buildings Are Becoming a Long-Term HoldApr 7, 2026Trying to solve the affordability problem in New York City is like banging your head against a wall. But, if you’re living in a rent-stabilized building, don’t bang too hard — the landlord isn’t likely to fix the damage.DealIndustrialJV Picks Up Atlanta/Orlando Warehouse Portfolio for $144.5MApr 7, 2026Basis Industrial and One Investment Management acquired an 839,001-square-foot shallow bay industrial package spanning the Atlanta and Orlando markets for $144.6 million. Albany Road Real Estate Partners was the seller.Representative imageLendingCentersJLL Arranges $20.5M Loan for Refinancing of Coastal New Jersey Shopping CenterApr 7, 2026STAFFORD TOWNSHIP, N.J. — JLL has arranged a $20.5 million loan for the refinancing of Stafford Park, a 140,893-square-foot shopping center in Stafford Township, located I coastal New Jersey.Representative imageDealBarry Sternlicht’s LNR Sells Scribner Building to Aurora Capital for $54MApr 7, 2026Two years after taking back the keys from Thor Equities, LNR Partners has sold 597-599 Fifth Avenue for $54 million. Robert Cayre’s Aurora Capital purchased the properties, which includes the 12-story Scribner Building, according to property records.Representative imageTenantsOfficeWithers Signs 33,000 SF Office Lease in Midtown ManhattanApr 7, 2026NEW YORK CITY — Withers has signed a 33,000-square-foot office lease in Midtown Manhattan. The international law firm is relocating its New York headquarters from 430 Park Avenue to the 54th floor of 30 Rockefeller Plaza.Representative imageProptech’s Buzziest Buzzword: WorkflowApr 7, 2026Agentic artificial intelligence is bringing together data platforms and management tools to create the missing underlying technology layer that appears to be the next step for proptech users. The result is the word on everyone’s lips in the industry today: workflow.TenantsOfficeGateway Jax Plans Office Building at Pearl Square in Downtown Jacksonville, Taps JLL to Lead LeasingApr 7, 2026JACKSONVILLE, FLA. — Gateway Jax plans to break ground next year on 655 Pearl, a six-story trophy office building that will anchor the Pearl Square mixed-use development underway in downtown Jacksonville.Representative imageDealIndustrialBrennan Acquires Two Industrial Buildings in Metro Nashville Totaling 225,000 SFApr 7, 2026GOODLETTSVILLE, TENN. — Brennan Investment Group has acquired two newly constructed distribution facilities located at 1022-1024 Louisville Highway in Goodlettsville, a northern suburb of Nashville. The seller and sales price were not disclosed.