Net lease news – page 338

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LendingOfficeBHI, Naftali Lend $203M for Manhattan Office-to-Resi ConversionMar 30, 2026Yellowstone Real Estate Investments inked a $203 million loan to execute an office-to-residential conversion of the Candler Building near Times Square, Commercial Observer can first report. BHI, the U.S.Representative imageTenantsCollectible Labubu Maker Pop Mart Signs 7K-SF Lease at 680 Fifth AvenueMar 30, 2026Ugly or cute, Pop Mart is bringing more Labubu buying opportunities to Manhattan.Representative imageDigital Realty Closes $3.25B Data Center FundMar 30, 2026As the world becomes increasingly reliant on artificial intelligence and cloud computing, one of the largest real estate investment trusts (REITs) in the global data center space has just inaugurated a new fundraising and capital markets investment strategy.LendingMadison Realty Capital Lends $121M for Hoboken CondosMar 30, 2026Taurasi Group landed a $121 million condominium inventory loan for a newly completed mixed-use condo development in Hoboken, N.J., Commercial Observer can first report. Madison Realty Capital provided the loan for South End Lofts, a 110-unit condo project that opened this winter.Representative imageTenantsFC Barcelona Inks 2.4K-SF Lease in Downtown MiamiMar 30, 2026FC Barcelona, one of Europe’s most storied soccer clubs, is moving its North American headquarters from New York to Miami.DealOfficeJoint Venture Pays $41M for Chinatown OfficesMar 30, 2026Limited liability company ASB George Canal sold its Chinatown office and retail building to a joint venture for $40.5 million, after purchasing the building for nearly $62 million in 2013.Work Underway on $78M League City Mixed-Use ProjectMar 30, 2026Alexander Grene Development broke ground on Lilac Field next to the Mar Bella subdivision on Isla Vista Drive off State Highway 96.TenantsCentersEoS Fitness Signs Two DFW Longterm LeasesMar 30, 2026EōS Fitness signed a new long-term lease for an over 51,000-square-foot gym at 5000 Main Street in The Colony, Texas, where it will serve as an anchor tenant of the Colony Marketplace shopping center.DealOfficeIrving Buys 260K-SF Office Midrise for Police, Fire ServicesMar 30, 2026The City of Irving has purchased MacArthur Ridge II, a 260,796-square-foot office building for police and fire department services.Representative imageTenantsQSRSerafina to Open New Concept at SL Green’s 800 Seventh AvenueMar 30, 2026A Seventh Avenue spot once occupied by Irish bar Rosie O’Grady’s is going to be Serafina’s next New York City restaurant concept.DealIndustrialLink Logistics, Clarion Close on $163.1 Pompano Beach Warehouse DealMar 30, 2026Pompano Center, part of a fund run by Clarion Partners, sold four warehouses to Link Logistics for $163.1 million. Link is a Blackstone afflliated company. The combined 623,256-square-foot portfolio is at 2510 W. Copans Road. The S.Aron Weber of Cammeby’s International: 5 QuestionsMar 30, 2026Aron Weber started his career more than 30 years ago in multifamily development and management. Two years after joining Cammeby’s in 2004, however, he felt a strong pull to the commercial side.LendingCiti Refis Two Florida Apartment Complexes With $69M CMBS LoanMar 30, 2026Developer Copperline Partners has sealed $69 million of commercial mortgage-backed securities (CMBS) debt to refinance two Florida multifamily properties, Commercial Observer has learned.DealJoint Venture Acquires 243-Bed Student Housing Community Near University of Texas at AustinMar 30, 2026AUSTIN, TEXAS — A joint venture between Ascentris and Student Quarters has acquired Noble 2500, a 243-bed student housing community serving students at the University of Texas at Austin.DevelopmentTrilogy Breaks Ground on 190-Unit Build-to-Rent Project in Northeast AustinMar 30, 2026AUSTIN, TEXAS — Trilogy Investment Co., a residential developer based in metro Atlanta, has broken ground on REV3 at Walnut Creek, a 190-unit build-to-rent residential project in northeast Austin.Representative imageDealIndustrialProvident Sells 162,180 SF Industrial Facility in Southeast HoustonMar 30, 2026HOUSTON — Provident Industrial, a division of Dallas-based Provident, has sold a 162,180-square-foot industrial facility in southeast Houston.Representative imageDealCentersJLL Brokers Sale of 39,912 SF Shopping Center in Cypress, TexasMar 30, 2026CYPRESS, TEXAS — JLL has brokered the sale of a 39,912-square-foot shopping center in Cypress, located on the northwestern outskirts of Houston. The Shops at Fry & Tuckerton comprises three multi-tenant buildings that were fully leased at the time of sale.DevelopmentSpectrum Bringing 267 Apartment Units to Trinity ParkMar 30, 2026The Spectrum Companies began construction on its latest multifamily community, Vara Trinity Park, providing 267 new residential units.LendingJLL Arranges $88M Construction Loan for Multifamily Project in Shoreline, WashingtonMar 30, 2026SHORELINE, WASH. — Evergreen Point Group has received $88 million in construction financing for Leeway, an apartment project in Shoreline.DealOfficeNewmark Brokers Sale of Seven-Building Stonemill Design Center Flex Office Campus in Costa MesaMar 30, 2026COSTA MESA, CALIF. — Newmark has arranged the sale of Stonemill Design Center, a flex office campus on 8.3 acres at 2915 Red Hill Ave. in Costa Mesa.