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Net lease news – page 343
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Representative imageNew York’s Residential Building Workers Union Sets Strike VoteMembers of labor union 32BJ SEIU, which includes residential building services workers across New York City, agreed on Wednesday to authorize a strike vote if ongoing negotiations with real estate industry leaders fail.
Health Care Property Pros Triage Ways to Stretch Space and DollarsLeaders across the health care industry assembled at the City University of New York Graduate Center’s Proshansky Auditorium in Midtown Manhattan on March 25 to tackle ways the commercial real estate industry can tackle rising financial challenges in the often fast-changing…
Baby Registry Platform Babylist Signs 20K-SF Lease for Flagship in SoHoBabylist, a digital platform for baby registries and parenting resources, has signed a 10-year, 20,000-square-foot lease at 477 Broadway in Manhattan’s SoHo neighborhood, landlord brokerage Lee & Associates announced Thursday.
Representative imageSculptor Diversified Buying Florida Resort for $835MSculptor Diversified Real Estate Income Trust is under contract to purchase the JW Marriott Marco Island Beach Resort and two nearby 18-hole golf courses in Southwest Florida for a combined $835 million, which could become one of the state’s largest hospitality trades in recent…
CBRE Investment Management Names New Leaders for Direct Real EstateCBRE Investment Management (CBRE IM) pulled in Laura Dunn to head the commercial operator division for its Americas direct real estate business line. Dunn began her new role March 17.
Emerson Electric Puts Round Rock HQ On the MarketWhile Emerson Electric has its 305,000-square-foot Round Rock local headquarters up for sale, the company still plans to maintain a presence in the Austin area.
MBA: Lenders See Modest Improvements in Delinquency RatesCommercial mortgage delinquencies were mixed in the fourth quarter of 2025, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report.
Return to Lender: Week of March 26, 2026The post Return to Lender: Week of March 26, 2026 appeared first on Connect CRE.
LA Angels Owner Buys Luxury Phoenix Rental CommunityLos Angeles Angels owner Arte Moreno paid $125 million for the Cortland Biltmore, nearly $500,000 per unit. Moreno has a history of purchasing real estate in the area. Moreno recently bought a 12-acre office complex in the Biltmore area for $60 million.
Ambitious Downtown Denver Redevelopment Project Lands $63M LoanThe Denver Downtown Development Authority (DDDA) approved a low-interest loan up to $63 million to support the High Fidelity Plaza redevelopment. The total project cost is estimated at $315 million.
Sansone Adding 682K-SF Warehouse to Austin Hills ProjectSansone Group in partnership with Principal Asset Management, announced the launch of Phase Two of the Austin Hills Commerce Center. This multi-phase development spans approximately 134 acres and has capacity for over 1.35 million square feet of industrial space.
Mission Shore Offloads 105K-SF Houston Retail CenterMission Shore Management sold Fairmont Preston Plaza, a 105,869-square-foot neighborhood retail center in Pasadena’s leading retail corridor in southeast Houston. JLL represented Mission Shore Management.
Creation Delivers $250M Park Algodon Industrial, Mixed-Use Development in PhoenixPHOENIX — Creation, a Phoenix-based developer, has completed construction for Park Algodon, an industrial and mixed-use development at the northwest corner of Loop 101 and Indian School Road in Phoenix.
Lincoln Property Co. Signs Tenant for 629,835 SF Industrial Lease at Park303 in Glendale, ArizonaGLENDALE, ARIZ. — Lincoln Property Co. has announced that a global third-party logistics provider has signed a full-building, 629,835-square-foot lease at the 3.75 million-square-foot Park303 in Glendale.
Bucksbaum Properties Buys One El Paseo Plaza Mixed-Use Complex in Palm Desert, CaliforniaPALM DESERT, CALIF. — Bucksbaum Properties has acquired One El Paseo Plaza, a mixed-use office and restaurant property in Palm Desert. Terms of the transaction were not released.
Capstone Partners Underway on 143-Unit Villebois Village Center Apartments in OregonWILSONVILLE, ORE. — Capstone Partners has secured a $27.9 million construction loan from U.S. Bank to develop Villebois Village Center Apartments, a three-building multifamily community in Wilsonville.
Florida People & Companies, March 27, 2026The post Florida People & Companies, March 27, 2026 appeared first on Connect CRE.
PCCP Provides $180.5M Refinancing for 2.1 MSF Industrial Park Near DetroitHIGHLAND PARK, MICH. — PCCP has provided a $180.5 million senior loan to a joint venture between AEW Capital Management and Trident Capital Group for the refinancing of Oakland Park, a 10-building, 2.
United Properties Begins Development of 143-Unit Active Adult Community in MinnesotaCORCORAN, MINN. — United Properties has broken ground on Amira Corcoran, a 143-unit active adult community in Corcoran, about 22 miles northwest of Minneapolis. The four-story development expands the Amira senior living portfolio in metro Twin Cities.
Opus Breaks Ground on 168,486 SF Spec Industrial Project Near OmahaPAPILLION, NEB. — Opus has broken ground on Highway 370 Logistics, a 168,486-square-foot speculative industrial development located near the intersection of I-80 and Highway 370 in Papillion within metro Omaha. The 12-acre site is adjacent to an Amazon distribution hub.