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Net lease news – page 36
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Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The GovernmentCommercial real estate faces uncertainty as the Trump administration enforces anti-DEI policies impacting federal leases.
Marcus & Millichap’s Azzi Group Handles Sale of Section 8 Housing on Catalina IslandMarcus & Millichap closed the sale of Tremont Street Apartments, a 62-unit multifamily property located in Avalon on Santa Catalina Island. The property sold for $8.64 million or $139,419 per unit.
Upper Manhattan Empowerment Zone Signs New Headquarters LeaseTaconic Partners, The Prusik Group, L+M Development Partners, and BRP Companies, announced today that they signed a lease with the Upper Manhattan Empowerment Zone Development Corporation (UMEZ) for new headquarters space at the Urban League Empowerment Center at 119 W. 125th St.
Bridge Logistics Properties Targets Northern California AssetsBridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings LLC, is seeking to expand its Northern California portfolio as industrial demand shifts across the region.
Electronics Company Acquires Flex Industrial for Headquarters UseAvison Young said Monday that it represented A-V Services Realty LLC, an electronics and technology company, in the acquisition of a 40,000-square-foot industrial flex property located at 60 E. Rte. 46 in Fairfield, NJ.
Cabot Cabot & Forbes Tops Off Construction at Woburn Innovation CenterCabot, Cabot & Forbes (CC&F) recently topped off The Bolt, a 180,000-square-foot center for innovation along the New Boston Corridor in Woburn, MA. Representatives from CC&F, John Moriarty & Associates, the U.S.
JLL IPT Adds to Healthcare Portfolio with Roseville MOBJLL Income Property Trust has acquired Roseville Outpatient Center, a Class A medical outpatient building totaling approximately 42,000 square feet, for approximately $19 million.
Bally’s Lands $560M Loan From WhiteHawk for Bronx Casino DevelopmentGambling and entertainment giant Bally’s has landed a $560 million debt package from WhiteHawk Capital Partners to fund its casino development in the Bronx, the company announced Monday.
Partners Inks Leasing Deal for Houston’s Intercontinental CenterPartners Real Estate has been selected as the exclusive leasing agent for Intercontinental Center, a nine-story, 200,250-square-foot Class A office building at 15600 John F. Kennedy Blvd. in Houston.
Wu Administration Eyes $100M Development Incentive Program for Stalled ProjectsBoston Mayor Michelle Wu is proposing a $100-million development incentive program to help jumpstart large residential developments her administration says are stalled by high construction and borrowing costs, the Boston Business Journal reported Monday.
Bally’s Secures $560M Financing for Bronx Casino ProjectBally’s Corporation said Monday that it secured new financing led by WhiteHawk Capital Partners, LP to fund further development of the Bally’s Bronx project and general corporate purposes.
Stockdale Leads $157M Shopping Center Acquisition in Southern CaliforniaAs more capital returns to brick-and-mortar retail, a Los Angeles-based investment firm has gone east to acquire a shopping center in the Inland Empire.
Essex Realty Group Markets 20-Unit Multifamily Portfolio in ChicagoEssex Realty Group, LLC has been exclusively engaged to market for sale a 20-unit portfolio, a multifamily investment opportunity comprised of five similar buildings in Chicago’s West Town neighborhood.
Representative imageHines and Rialto Credit Partners’ Debt Fund Closes at $1.1BReal estate asset managers Hines and Rialto Capital announced Monday the final close of its office-focused credit fund Hines Rialto Credit Partners, which reached $1.1 billion in investor commitments.
Taconic Partners Sheds Another NYC Life Sciences PropertyThe landlord has unwound two of its three life sciences investments that were part of a $2B plan.
Machine Investment Group Buys 490-Unit Multifamily Property In North Dallas: The DFW Deal SheetMachine Investment acquired the 75 West community in Dallas, with plans to stabilize and enhance its value.
Developer Seeks Permit For Denver Energy Center Conversion ProjectDeveloper Asher Luzzatto plans to transform a Denver office tower into 386 residential units, bringing more housing to the city.
Northern Virginia Office Tower Sells For Double Its 2024 PricePiedmont Realty Trust purchased the 189K SF office building at 4075 Wilson Blvd. for $52.7M.
Dwight Investment Group Supplies $130M Refi for Phoenix Apartment TowerA joint venture between Bridge Investment Group and Hatteras Sky has sealed $130 million of bridge debt to refinance a newly built mixed-use multifamily tower in Downtown Phoenix, Commercial Observer has learned.
J.E. Richards, Maker of Data Center Components, Signs Massive Northern Virginia LeaseA commercial electrical contractor and manufacturer based in the greater Washington, D.C., area has signed a massive industrial lease. J.E.