Net lease news – page 358

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DealMedicalNAI Hiffman Brokers Long-Term MOB Lease in New LenoxMar 17, 2026NAI Hiffman brokered a long-term lease for Silver Cross Hospital at 1890 Silver Cross Blvd., a six-level, 174,855-square-foot medical office building known as Pavilion A in New Lenox, Illinois.LendingTwo-Tower Gowanus Multifamily Complex Refinanced for $370MMar 17, 2026JLL’s Capital Markets arranged a $370-million refinancing for Society Brooklyn, a 517-unit, two-tower residential development positioned along the Gowanus Canal in Brooklyn’s Gowanus neighborhood.Gale Associates Leads Rehab of Maine’s Historic Stone BuildingMar 17, 2026Gale Associates, Inc., a consulting engineering firm specializing in building enclosure consulting and historic preservation, is leading the multi-phase stabilization and preservation of The Stone Building, the former Augusta Mental Health Institute and Maine’s first state…TenantsCentersWarby Parker to Open 14th Virginia Store at Virginia GatewayMar 17, 2026National eyewear brand Warby Parker is set to open its 14th Virginia location at the Virginia Gateway shopping center in Gainesville. Virginia Gateway is an approximately 660,000-square-foot regionally dominant retail center located at the intersection of Routes 66 and 29.DealSL Green in Contract to Sell 7 Dey Street to GO Residential for $223MMar 17, 2026SL Green Realty has reached a deal to sell the residential and retail component of a 34-story luxury rental property in Manhattan’s Financial District.DealBelmont Apartment Sales Reflect Renewed Private-Capital ActivityMar 17, 2026CBRE arranged the $8.5-million sale of two 10-unit multifamily properties in Belmont: 620 Masonic Way and 630 Masonic Way.TenantsOfficeBerkshire Blanket & Home Renews 10K-SF Office at 60 Madison AvenueMar 17, 2026Berkshire Blanket & Home, a sleepwear and bedding retailer, has signed a 10-year lease renewal for its 10,000-square-foot offices at 60 Madison Avenue, building owner the Moinian Group announced Tuesday.LendingBridgeInvest Refis Nolita Multifamily Site With $36M LoanMar 17, 2026Galil Management has sealed a $35.5 million loan to refinance five contiguous five-story multifamily buildings in Manhattan’s Nolita neighborhood, Commercial Observer has learned.CentersChelsea Lighting Expands HQ to 14K SF at 14 Penn PlazaMar 17, 2026A residential lighting company is doubling the size of its headquarters at Circle Realty’s 225 West 34th Street, Commercial Observer has learned.TenantsOfficeFord Models Inks 12K-SF Office Lease at 36 East 31st StreetMar 17, 2026More passion, more energy, more footwork is coming to Midtown South. Modeling agency Ford Models has signed an 11,986-square-foot lease at the Rosen family’s 36 East 31st Street, building manager Koeppel Rosen announced Tuesday. Asking rent was $48 per square foot.LendingOfficePebb Enterprises Refis Boca Offices With $35M From CitibankMar 17, 2026Pebb Enterprises nabbed $35 million from Citibank to refinance two office properties in Boca Raton, Fla., the developer announced.DealSite Secured for Massive UA Student Housing ProjectMar 17, 2026Transwestern brokered the sale of 1815 E. Speedway Blvd. in Tucson, Arizona, a 2.5-acre site situated at the gateway to the University of Arizona campus.Representative imageDealCentersFederal Realty Pays $72M for Another Retail Plaza in Southern MarylandMar 17, 2026Grocery-anchored retail has become commercial real estate’s most reliable sector, including for Federal Realty Investment Trust. The North Bethesda, Md.-based, retail-focused real estate investment trust paid $72.3 million for Congressional North Shopping Center in Rockville, Md.DevelopmentBell Textron Advancing $632M Fort Worth Aircraft Parts FactoryMar 17, 2026Aerospace and defense giant Bell Textron Inc. plans to begin construction of its planned $632 million aircraft parts factory at AllianceTexas in north Fort Worth in April. The project could create 1,000 jobs. Bell Textron will build a 448,000-square-foot building at 15100 N.DealCentersTranswestern Offloads Houston Medical PlazaMar 17, 2026Edloe Realty acquired Greenhouse Medical Plaza at 2051 Greenhouse Road near Energy Corridor from Transwestern. Transwestern previously purchased and converted the 114,413-square-foot Greenhouse building into a medical plaza in 2018.Representative imageLendingOfficeWells Fargo Provides $145M CMBS Loan for Silicon Valley Office ComplexMar 17, 2026Prometheus Real Estate Group has secured a $145 million loan to refinance The Towers at Cupertino City Center, a two-building, recently renovated office center in Cupertino, Calif., in Silicon Valley, according to a release.DealChallenges Ahead for Manhattan’s Red-Hot Condo MarketMar 17, 2026In March 2025, Peter Zaitzeff, a licensed real estate broker and the director of new development sales at Serhant, sold a spread at Manhattan’s 150 Charles Street for $60 million, the highest price ever for a downtown condominium.DealRetail Units at Once-Controversial 126 Waverly Place Sell for $23MMar 17, 2026The commercial condominium component of 126 Waverly Place, once a hotly debated development in Manhattan’s Greenwich Village, has sold for $23 million, according to city records made public Monday.LendingAria Snags $53M Financing for Charlotte-Area Apartment VentureMar 17, 2026Aria Communities obtained $42.7 million in construction financing and $10.2 million in preferred equity for Skyview at Aria, a 338-unit multifamily development project in Monroe, North Carolina, a Charlotte suburb.Legion Investment Group’s Victor Sigoura On Building Top-Tier Manhattan CondosMar 17, 2026When developing a building in Manhattan, you’re not just piecing together bits of glass and steel. You’re carving out a place for yourself in the history of a city that is defined in part by the glittering towers that make up its skyline.