Net lease news – page 370

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Representative imageDevelopmentWeWork Announces New 37K-SF Location at 511 Fifth AvenueMar 10, 2026WeWork continues to build on its success coming out of Chapter 11 bankruptcy as it prepares to open another New York City location by the end of 2026.Representative imageDealAtlantic Pacific Acquires 314-Unit Reserve at Canyon Creek Apartments in San AntonioMar 10, 2026SAN ANTONIO — An affiliate of Miami-based investment firm Atlantic Pacific Cos. has acquired Reserve at Canyon Creek, a 314-unit apartment community in San Antonio.DealEastham Capital Sells 248-Unit Stone Ridge Apartments in Texas City, TexasMar 10, 2026TEXAS CITY, TEXAS — Florida-based real estate private equity firm Eastham Capital has sold Stone Ridge, a 248-unit apartment complex in Texas City, a southeastern suburb of Houston. The property offers one- and two-bedroom units with an average size of 446 square feet.T&E Development and Minrav Complete The Florian Luxury Condo in Gramercy ParkMar 10, 2026New York City’s past, present and future have always been inextricably tied to real estate. So have American dreams of generations of newcomers.DevelopmentIconic Nashville Building Converting to Highrise HotelMar 10, 2026A local development firm is planning to develop a more-than-200-room hotel at the site of the iconic Barbershop Harmony Society, located near Broadway at 110 Seventh Ave. N. Sanders Carter is planning a development that could be a 30-story high-rise on the property.DealJLL Brokers Sale of 172-Unit Apartment Complex in Boerne, TexasMar 10, 2026BOERNE, TEXAS — JLL has brokered the sale of Oxbow Hill Country, a 172-unit apartment complex in Boerne, located northwest of San Antonio.Representative imageTenantsOfficeU.S. LawShield Signs 16,071 SF Office Lease at East River in HoustonMar 10, 2026HOUSTON — U.S. LawShield has signed a 16,071-square-foot office lease at East River, a 150-acre mixed-use project in Houston’s Historic Fifth Ward. The national legal defense membership program will occupy the entire fifth floor of Building C.DevelopmentCharlotte Developer Trio Breaks Ground on $67.1M Rec CenterMar 10, 2026Work began recently on Eastland Sports Campus, a 29-acre, 100,000-square-foot indoor sports center with space for 10 full-size basketball courts, as well as six outdoor soccer fields with multipurpose flexibility.DealOfficeStream Realty Arranges $52.5M Sale of Watergate 600 Office Building in D.C.Mar 10, 2026WASHINGTON, D.C. — Stream Realty Partners has arranged the sale of Watergate 600, a 12-story, 316,000-square-foot office building located at 600 New Hampshire Ave. N.W. in Washington, D.C.’s East End district.DealFoxfield Acquires New Life Sciences Facility in Metro Raleigh Leased to KryosphereMar 10, 2026MORRISVILLE, N.C. — Foxfield has purchased 3503 Page Road, a newly built, 57,000-square-foot life sciences building located in Morrisville, about 14 miles west of Raleigh. The seller and sales price were not disclosed.DealGrocerySands Investment Group Brokers $23.4M Sale of Kroger-Anchored Center in Metro AtlantaMar 10, 2026LAWRENCEVILLE, GA. — Sands Investment Group has brokered the $23.4 million sale of River Exchange Shopping Center, a 273,023-square-foot, Kroger-anchored shopping center located in Lawrenceville, roughly 30 miles northeast of downtown Atlanta.OfficeBenderson Launches Redevelopment of 300,000 SF Downtown Tampa Office BuildingMar 10, 2026TAMPA, FLA. — Benderson Development has begun the transformation of 702 North Franklin Street, a 300,000-square-foot office building in downtown Tampa. The nine-story property was formerly the longtime corporate headquarters building for Tampa Electric (TECO) and Peoples Gas.DealOfficeBanyan Spends Nearly $40M on Tampa Office ComplexMar 10, 2026Banyan Street Capital acquired Harborview Plaza, a 206,329-square-foot, Class-A office complex in Tampa, Florida. Banyan acquired the 6.7-acre development from Cousins Properties for $39.5 million.LendingJLL Arranges $16.4M Loan for Refinancing of Brooklyn Multifamily PropertyMar 10, 2026NEW YORK CITY — JLL has arranged a $16.4 million loan for the refinancing of CIRRUS, a 46-unit multifamily property in Brooklyn’s Prospect Lefferts Gardens neighborhood that was completed in 2024.Representative imageOfficeIn Miami, Brickell’s New York-Size Office Rents Drive Suburban GrowthMar 10, 2026In a place like Miami, where sea levels are cresting as quickly as one inch every three years, a rising tide can’t help but lift all boats — and the same is true for office rents.Representative imageDealCentersMarcus & Millichap Negotiates $14.3M Sale of Shopping Center in Rocky Hill, ConnecticutMar 10, 2026ROCKY HILL, CONN. — Marcus & Millichap has negotiated the $14.3 million sale of Big Y Plaza, a 60,497-square-foot shopping center in Rocky Hill, located south of Hartford.Representative imageTenantsIndustrialWingtat Cargo Signs 96,000 SF Industrial Lease in South Amboy, New JerseyMar 10, 2026SOUTH AMBOY, N.J. ­— Wingtat Cargo has signed a 96,000-square-foot industrial lease in South Amboy, about 30 miles south of New York City. The shipping company is taking space within the newly constructed, 152,100-square-foot warehouse and distribution building at 111 Main St.Representative imageTenantsEverybodyFights to Open 28,000 SF Gym at Hood Park in Charlestown, MassachusettsMar 10, 2026CHARLESTOWN, MASS. — EverybodyFights will open a 28,000-square-foot gym in Charlestown, located north of Boston, that will be the fitness concept’s third in the state capital area. The space is located within Hood Park, a 20-acre mixed-use redevelopment of the former H.P.DealGranite Capital Group Divests of 105-Unit Multifamily Property in Fort Collins, ColoradoMar 10, 2026FORT COLLINS, COLO. — California-based Granite Capital Group has sold Enclave Rigden Farm, a multifamily property in Fort Collins, to Avanti Residential for $40.8 million, or $389,285 per unit.DevelopmentSweet Creek Capital to Develop 70-Unit Rental Townhome Community in Castle Pines, ColoradoMar 10, 2026CASTLE PINES, COLO. — Sweet Creek Capital, a newly launched Denver-based real estate investment and development firm, is developing The Peaks at Canyons, a rental townhome property in Castle Pines.