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Net lease news – page 325
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Colliers Brokers Sale of 338-Unit Apartment Community in South RichmondRICHMOND, VA. — Colliers has brokered the sale of The Crossings at Bramblewood, a 338-unit apartment community located at 1401 Yellowpine Circle in south Richmond. Will Mathews, Thomas Leachman, William Dickinson and Marty Mooradian of Colliers brokered the transaction.
Visintainer Group Brokers Sale of Vintner’s Square Shopping Center in Lodi, California, in Two TransactionsLODI, CALIF. — Visintainer Group has arranged the sales of the multi-tenant retail component of Vintner’s Square Shopping Center in Lodi for a combined $23.2 million in a two-part transaction. The sale was structured in two phases approximately one week apart.
Stevens-Leinweber Construction Delivers Merit 27 Buckeye Industrial Redevelopment in PhoenixPHOENIX — On behalf of Merit Partners, Phoenix-based Stevens-Leinweber Construction (SLC) has completed the construction of Merit 27 Buckeye, an industrial infill redevelopment in Phoenix’s 27th Avenue Corridor.
Clarion Partners Buys 137-Unit Seniors Housing Community in SpokaneSPOKANE, WASH. — Clarion Partners has acquired The Grand at Spokane, a luxury seniors housing property located in Spokane. Terms of the transaction were not disclosed. The Grand at Spokane offers 137 independent living, assisted living and memory care units.
Hanley Investment Group Arranges $4.6M Sale of Single-Tenant Retail Property in Metro Los AngelesPOMONA, CALIF. — Hanley Investment Group Real Estate Advisors has arranged the $4.6 million sale of a newly renovated, single-tenant retail property located in Pomona, roughly 30 miles east of downtown Los Angeles.
Interra Realty Brokers $5.1M Sale of Two-Building Multifamily Portfolio in ChicagoCHICAGO — Interra Realty has brokered the $5.1 million sale of 2156 and 2158 W. 21st St., two multifamily buildings totaling 24 units in Chicago’s Pilsen neighborhood. Jeremy Morton of Interra represented the confidential buyer and seller.
Representative imageGreatland Realty Secures Funding for Massachusetts ProjectPlans call for the construction of a state police lab and training facility. The post Greatland Realty Secures Funding for Massachusetts Project appeared first on Commercial Property Executive.
Representative imageNew York’s Nonprofit Housing Confronts Maintenance Crisis Amid Slow City ResponseThe nonprofit group Asian Americans for Equality (AAFE) has rehabilitated or preserved more than 1,400 residential units throughout New York City over the past 30 years or so.
Representative imagePrinceton International Lands Lease Renewal in ManhattanA law firm will continue to occupy two floors at the property. The post Princeton International Lands Lease Renewal in Manhattan appeared first on Commercial Property Executive.
Representative imageBlackstone Secures $1.6B for Industrial PortfolioSeven banks are expected to co-originate the mortgage loan. The post Blackstone Secures $1.6B for Industrial Portfolio appeared first on Commercial Property Executive.
Savills’ $1.1B Eastdil Secured Buy Creates Some Tantalizing PossibilitiesLast month, Savills, the global, Britain-based real estate brokerage services firm, executed a coup: $1.1 billion to buy Eastdil Secured.
Representative imageHistoric Nevada Hotel Scores $298M for RedevelopmentFinancing includes the largest C-PACE loan in state history. The post Historic Nevada Hotel Scores $298M for Redevelopment appeared first on Commercial Property Executive.
Representative imageCanTex Sells Majority Stake in DFW PortfolioThe deal marks the company’s largest-ever disposition. The post CanTex Sells Majority Stake in DFW Portfolio appeared first on Commercial Property Executive.
Representative imageAircraft Defense Firm Moves L.A. Office to El SegundoAnother aerospace defense firm is taking space in El Segundo, Calif.
Chef Cyril Lignac to Make NYC Debut at 345 Park Ave.Bar des Prés, the internationally acclaimed Franco-East Asian restaurant helmed by Chef Cyril Lignac, is set to make its New York City at Rudin’s 345 Park Ave. Following successful openings in Paris, London, Dubai and most recently St Barth’s, this will be its sixth location.
Western Realco Acquires Anaheim Development Site from RexfordJLL has completed the sale of a fully entitled 12.14-acre industrial site, located on East Vermont Avenue in Anaheim, to Western Realco for $40.7 million.
Two Trees’ One Domino Square Surpasses $300M in SalesTwo Trees Management announced that its One Domino Square, Williamsburg’s tallest residential building, is now 70% sold and has surpassed $300 million in sales. Since sales launched in May 2024, 112 residences at One Domino Square have closed or entered contract.
Northmarq Arranges Bridge Loan for Newly Developed Hillcrest ApartmentsNorthmarq’s San Diego Debt + Equity team, led by Aaron Beck and Conor Freeman, arranged a $26.75-million bridge loan for 8th & U Apartments, a newly delivered 90‑unit mid-rise multifamily community located in San Diego’s Hillcrest neighborhood.
Opus Breaks Ground on Industrial Development Near OmahaOpus announced that construction has started on Highway 370 Logistics, a 168,486-square-foot Class A speculative industrial development located near the intersection of I-80 and Hwy. 370 in Papillion, Nebraska.
Colliers Brokers 554K-SF Indiana Distribution Facility DealColliers has completed the sale of 70 Connect II, a 554,228-square-foot industrial distribution facility located at 7383 W 350 N in Greenfield, Indiana, within the Indianapolis Mount Comfort submarket.