Net lease news – page 359

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TenantsIndustrialEnchanted Rock Signs 407,302 SF Industrial Lease in Metro HoustonMar 17, 2026CYPRESS, TEXAS — Enchanted Rock has signed a 407,302-square-foot industrial lease in the northwestern Houston metro of Cypress.DevelopmentMedicalCP Group Renovating 85K-SF of Piedmont Center CampusMar 17, 2026CP Group will redevelop four buildings within Atlanta’s Piedmont Center campus into 85,000 square feet of medical office known as Buckhead Medical Center.LendingWalker & Dunlop Arranges $46.5M Loan for Refinancing of San Antonio Apartment CommunityMar 17, 2026SAN ANTONIO — Walker & Dunlop has arranged a $46.5 million loan for the refinancing of Park at Westover Hills, a 372-unit apartment community located in the Far West submarket of San Antonio.Representative imageDealIndustrialJLL Negotiates Sale of 127,626 SF Industrial Portfolio in Northwest HoustonMar 17, 2026HOUSTON — JLL has negotiated the sale of the Northwest Houston Manufacturing Portfolio, a collection of four single-tenant industrial buildings totaling 127,626 square feet. The buildings were all constructed between 2000 and 2005 and feature an average clear height of 24.5 feet.Representative imageDealMarcus & Millichap Brokers Sale of 69-Room Comfort Inn Hotel in Sherman, TexasMar 17, 2026SHERMAN, TEXAS — Marcus & Millichap has brokered the sale of a 69-room Comfort Inn hotel in the North Texas city of Sherman. Built on 4.3 acres in 1999 and renovated in 2020, the hotel offers a business center, fitness center, indoor pool and onsite laundry facilities.LendingPeachtree Group Originates $103M Loan for Hilton Miami Beach Convention Center HotelMar 17, 2026MIAMI BEACH, FLA. — Atlanta-based Peachtree Group has originated a $103 million bridge loan for the recapitalization and completion of the 289-room Hilton Miami Beach Convention Center Hotel. The development team behind the hotel was not released.DevelopmentToro Breaks Ground on 301-Unit Apartment Community at Cumming City Center in Metro AtlantaMar 17, 2026CUMMING, GA. — Toro Development Co. has broken ground on Overlook, a 301-unit apartment community situated within Cumming City Center, a 75-acre mixed-use district in the northeast Atlanta suburb of Cumming.IndustrialWork Begins on 1.4M-SF Orlando-Area Warehouse ProjectMar 17, 2026FRP Development Corp., in partnership with Strategic Real Estate Partners, has broken ground on Phase I of Camp Lake Commerce Center, a new industrial development located in Minneola in Lake County, Florida. Phase I includes two industrial buildings totaling 377,892 square feet.DealRam Acquires 327-Unit Apartment Community in Downtown St. Petersburg, FloridaMar 17, 2026ST. PETERSBURG, FLA. — An affiliate of Ram Realty Partners VII has purchased Beacon 430, a 327-unit apartment community located on a 4.3-acre site in downtown St. Petersburg. The four-story property was delivered in 2014. The seller and sales price were not disclosed.OfficeSage Expands Office Footprint at Ponce City Market in AtlantaMar 17, 2026ATLANTA — Sage, an accounting, HR and finance tech firm, has expanded its office footprint at 619 Ponce, a four-story, mass-timber loft office building at Ponce City Market.LendingOfficeGFP Receives $86.5M Loan for Refinancing of Midtown Manhattan Office BuildingMar 17, 2026NEW YORK CITY — Local owner-operator GFP Real Estate has received an $86.5 million loan for the refinancing of 515 Madison Avenue, a 42-story office building in Midtown Manhattan.Nick Deveau of Grotto AI: 5 QuestionsMar 17, 2026In February, Grotto AI announced a $10 million seed round to address multifamily housing vacancies, which reportedly cost owners $500 billion in lost property value.Tampa Developer Proposing 1,150 Affordable Units as Part of PPPMar 17, 2026PMG Affordable has been selected by the city of Tampa to transform an underutilized space into affordable housing and commercial space.Representative imageDealAgent PHL Arranges $8.4M Sale of Northwest Philadelphia Apartment BuildingMar 17, 2026PHILADELPHIA — Local brokerage firm Agent PHL has arranged the $8.4 million sale of Pelham Place, a 36-unit apartment building located in the Mount Airy neighborhood of northwest Philadelphia.Representative imageDealIndustrialHunneman Negotiates 42,060 SF Lease at Flex Building in Wilmington, MassachusettsMar 17, 2026WILMINGTON, MASS. — Regional brokerage firm Hunneman has negotiated a 42,060-square-foot lease at a flex building in the northern Boston suburb of Wilmington.Representative imageLendingOfficeNorthmarq Arranges $145M Refinancing for Two-Building Office Campus in Cupertino, CaliforniaMar 17, 2026CUPERTINO, CALIF. — Northmarq has arranged $145 million in refinancing for The Towers at Cupertino City Center, a two-building office campus in Cupertino. Prometheus Real Estate Group owns and operates the Class A property.DealHamilton Zanze Sells Tresa at Arrowhead Apartments in Glendale, Arizona for $82.1MMar 17, 2026GLENDALE, ARIZ. — San Francisco-based Hamilton Zanze has completed the disposition of Tresa at Arrowhead, a multifamily community in Glendale. TerraCap Management acquired the asset for $82.1 million.Representative imageTenantsNortiva Bio Signs 22,881 SF Life Sciences Lease Renewal in Lexington, MassachusettsMar 17, 2026LEXINGTON, MASS. — Nortiva Bio has signed a 22,881-square-foot life sciences lease renewal in Lexington, located northwest of Boston. The biopharmaceutical company’s space is located on the third floor of 20 Maguire Road, a 101,310-square-foot converted building.TenantsLincoln, Bridge Investment Group Open 175-Unit RiverRow Multifamily Community in Santa CruzMar 17, 2026SANTA CRUZ, CALIF. — Lincoln Property Co. and Bridge Investment Group have completed RiverRow, an apartment property overlooking the San Lorenzo River in downtown Santa Cruz.Representative imageManhattan’s Long Investment Sales Drought — And Why a Surge May Be ComingMar 17, 2026For more than four decades, I have been tracking investment property sales in Manhattan south of 96th Street. Within this market, there are 27,649 investment properties, and, since 1984, we have meticulously tracked every sale.