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Net lease news – page 364
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Gantry Secures $13.5M Loan for Refinancing of Historic Office Building in Palo Alto, CaliforniaPALO ALTO, CALIF. — Gantry has secured a $13.5 million permanent loan to refinance a timely maturity on a historic office building in Palo Alto.
Boulder Group Arranges $5.9M Sale of Caliber Collision-Occupied Retail Property in DenverDENVER — The Boulder Group has brokered the acquisition of a single-tenant property located at 18300 E. 66th Ave. in Denver. A Colorado-based 1031 exchange investor acquired the asset from a Northeast-based partnership for $5.9 million.
Representative imageEsquire Agrees to Acquire Illinois-Based Signature Bank for $348.4MJERICHO, N.Y. AND ROSEMONT, ILL. — Esquire Financial Holdings Inc.
CBRE Arranges Sale of Six-Property Hilton Hotel Portfolio Across Three StatesEFFINGHAM, ILL., JOPLIN, MO. AND PADUCAH, KY. — CBRE has arranged the sale of a six-property, 589-room Hilton select-service and extended-stay hotel portfolio located across Illinois, Missouri and Kentucky. Chatham Lodging Trust acquired the portfolio.
Bally’s Marquette Landside Casino Opens in IowaMARQUETTE, IOWA — Bally’s Marquette has opened its new 31,280-square-foot gaming and entertainment destination in northeast Iowa. The $26.2 million project transformed the historic riverboat casino into a permanent landside facility at 100 Anti Monopoly St.
AutoZone Leases 8,000 SF Former Rite Aid Store in Buchanan, MichiganBUCHANAN, MICH. — AutoZone has leased an 8,000-square-foot former Rite Aid store located at 715 E. Front St. in Buchanan within southwest Michigan. Construction is underway at the building.
Representative imageAlexico Group Lands $345M Balance Sheet Refinance for Manhattan’s Mark HotelAlexico Group just closed a $345 million refinance for The Mark Hotel, Commercial Observer has learned. Deutsche Bank led the balance sheet financing — with J.P.
Middle East Conflict, Potential CRE RipplesOn March 1, the United States and Israel launched strikes against Iran’s military and nuclear infrastructure. This led to attacks across the Middle East, including Lebanon, Israel, Syria and the Strait of Hormuz.
The Shift of Global Semiconductor Location StrategiesOne mantra of successful commercial real estate operations has boiled down to three words: Location, location, location. This has held, whether the asset in question is a multifamily property, a retail center, or a semiconductor physical fabrication plant—“fab” for short.
Management and Operations: The Engine Behind Successful Multifamily PropertiesApartment property managers, also known as operators, were once mom-and-pop concerns. They fixed things, collected rent and stored leases and other paperwork. These days? Not so much.
Chicago/Midwest People & Company News, week of March 13, 2026Greenstone Partners announced that Alex Cohen has joined the firm as an investment associate. Cohen brings advisory experience across more than $315 million of urban Chicago investment sales and nationwide capital markets transactions.
Partnership Acquires Tribeca Rentals for $32MSlate Property Group and Avenue Realty Capital (ARC) acquired 45 White St., a seven-story multifamily rental building in Lower Manhattan’s Tribeca neighborhood.
SVN Chicago Facilitates Sale of Bridgeport Multifamily PropertySVN Chicago Commercial announced the successful $1.2 million sale of a 7-unit multifamily property located at 2935 S. Throop Street in Chicago’s Bridgeport neighborhood. The transaction equates to approximately $171,429 per unit.
Owner/User Pays $28M for Compton WarehouseThe Klabin Company/CORFAC International represented CSME Partners LLC in the $28.1-million sale of an 83,527-square-foot industrial building at 1800 S. Anderson Ave. in Compton. The buyer, Yuejie, Inc., will utilize the property for warehouse and distribution services.
Skender Breaks Ground on Arlington Heights Senior Living DevelopmentSkender, as general contractor, recently broke ground on The Moorings of Arlington Heights, a senior living community operated by Presbyterian Living at 811 E. Central Road in Arlington Heights, Illinois.
M&T Cuts Ribbon on Bank Branch in Mott HavenM&T Bank hosted a ribbon-cutting ceremony Thursday to celebrate the opening of a new full-service branch at 2976 Third Ave. in the Mott Haven neighborhood of the Bronx.
California People and Company News, Week of March 13, 2026The post California People and Company News, Week of March 13, 2026 appeared first on Connect CRE.
Bellevue Awards $12M for Housing Development ProjectImagine Housing, a nonprofit housing provider, received $12.1 million from Bellevue’s city council to build 100 affordable residential units at 2650 148th Ave SE in the Lake Hills area. The four-story project on the land of St.
New York People and Company News, Week of March 13, 2026The post New York People and Company News, Week of March 13, 2026 appeared first on Connect CRE.
Cold-Link Readies Expansion of Rhode Island Cold Storage FacilityCold-Link Logistics will undertake a major expansion and upgrade of Cold-Link Logistics Providence, a tri‑temperature cold storage facility at 1 All American Way in North Kingstown, RI.