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Net lease news – page 352
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Representative imageHanley Investment Group Arranges $22.5M Sale of Shopping Center in Stillwater, OklahomaSTILLWATER, OKLA. — Hanley Investment Group, a California-based brokerage firm, has arranged the $22.5 million sale of Lakeview Pointe Shopping Center, a 207,406-square-foot shopping center in Stillwater.
Representative imageAvison Young Negotiates 88,601 SF Industrial Lease in Northwest HoustonHOUSTON — Avison Young has negotiated an 88,601-square-foot industrial lease in northwest Houston. The tenant is oilfield equipment supplier STATS International, and the deal is for the entirety of Building U within the development at 6401 N. Eldridge Parkway.
RFR Unveils Plans for Repositioning of Stamford Office BuildingSTAMFORD, CONN. — New York City-based owner-operator RFR has unveiled plans for the repositioning of 300 Atlantic Street, a 300,000-square-foot office building in Stamford.
Representative imageSL Green Refinances and Modifies $2B Credit Facility at Lower RateSL Green Realty just got a new round of cash to play with and it’s coming at a discount.
Representative imagePentaurus Properties Buys 124-Unit Apartment Complex in Matawan, New JerseyMATAWAN, N.J. — Pentaurus Properties, a New Jersey-based family office, has purchased a 124-unit apartment complex in Matawan, located in Central New Jersey.
Representative imageLargo Capital Arranges $26M Loan for Refinancing of Staten Island Shopping CenterNEW YORK CITY — Largo Capital, a financial intermediary based in upstate New York, has arranged a $26 million loan for the refinancing of a 99,897-square-foot shopping center in the Great Kills neighborhood of Staten Island.
Partnership Completes Recapitalization of 733,497 SF Tech Campus in Goleta, CaliforniaGOLETA, CALIF. — A recapitalization that included Majestic Asset Management, Praelium, Blackbird Investment Group and H.I.G.
Sobrato Organization Opens 120-Unit Affordable Housing Development in Redwood City, CaliforniaREDWOOD CITY, CALIF. — The Sobrato Organization has opened The Millton, an affordable housing community located at 900 Chestnut St. in Redwood City, with units designated for residents earning between 30 percent to 80 percent of the area median income.
CBRE Arranges $20.5M Sale of Shops at Dublin Commons in Colorado SpringsCOLORADO SPRINGS, COLO. — CBRE has brokered the $20.5 million sale of the Shops at Dublin Commons, a retail strip center in Colorado Springs. Parker Brown, Matthew Henrichs and Brad Lyons of CBRE represented John Winsor of Olive Real Estate Partners in the transaction.
AREP Opens CityHouse Old Town Office-to-Residential Conversion Project in Alexandria, VirginiaALEXANDRIA, VA. — American Real Estate Partners (AREP) has opened CityHouse Old Town, an office-to-residential adaptive reuse development at 1101 King St. in Alexandria, a suburb of Washington, D.C.
Kidder Mathews Brokers $14.9M Sale of Fully Leased Industrial Building in Burbank, CaliforniaBURBANK, CALIF. — Kidder Mathews has arranged the sale of an industrial property located at 2231-2249 N. Hollywood Way in Burbank. A family-owned investment company sold the building to a local private investor for $14.9 million.
Hendricks to Invest $14.1M for Retail Expansion at Fritz Farm Mixed-Use Development in Lexington, KentuckyLEXINGTON, KY. — Beloit, Wis.-based Hendricks Commercial Properties (HCP) will invest $14.1 million to expand the retail offerings at Fritz Farm, a 52-acre mixed-use development located in Lexington.
Edgewater Ventures Signs Two Industrial Tenants to Leases Totaling 305,818 SF in Leland, North CarolinaLELAND, N.C. — Raleigh-based Edgewater Ventures has signed two tenants to new leases totaling 305,818 square feet at Edgewater Commerce Center, a 505,818-square-foot industrial facility in Leland.
Opus Completes Lease-Up of 408,176 SF Industrial Building in North Aurora, IllinoisNORTH AURORA, ILL. — Opus has completed the lease-up of Building C at Tollway Corporate Center in North Aurora. US Elogistics Service Corp. (CIRRO Fulfillment | Global Fulfillment Solution) has leased the entire building.
CP Group Inks 32,000 SF of Leases at Caprock Office Campus in Bethesda, MarylandBETHESDA, MD. — CP Group, along with a fund managed by DRA Advisors, has inked six leases over the past six months at Caprock, a 709,313-square foot office property located in Bethesda.
More than Guesswork: Data and Technology for Multifamily Management EffectivenessIt’s no secret that apartment property managers/operators have a lot on their plates. In addition to rent collection and tenant screening, they oversee maintenance, manage costs, and work with owners to determine optimal lease rates.
Agentic AI: Enhancing CRE Operations in Four DomainsThe growing use of artificial intelligence in commercial real estate operations isn’t news. Articles, reports, and other information routinely describe how generative AI helps generate reports, analyze documents, and improve marketing activities.
Pets and Apartments: Challenges for Multifamily Owner/OperatorsFor many renters, pets are more than, well, pets. They’re family members. This has led multifamily owner-operators to incorporate pet-friendly policies that boost occupancy and retention.
The Non-Dismal Future of Shuttered Retail PharmaciesWalgreens, CVS, and Rite Aid have been closing locations since 2022, with hundreds more scheduled to be shuttered in 2026. The question becomes, what happens to all of that space?
Ford Models Signs Full-Floor Lease for Its New York OfficesKoeppel Rosen LLC announced that Ford Models, Inc., a globally recognized modeling agency, has signed a new 11,986 rentable square foot office lease at 36 E. 31st St. in Manhattan’s Midtown South neighborhood.