Net lease news – page 371

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DealIndustrialCSME Partners Sells 83,527 SF Industrial Building in Compton, CaliforniaMar 10, 2026COMPTON, CALIF. — CSME Partners LLC has completed the disposition of an industrial property located at 1800 S. Anderson Ave. in Compton. Yueji Inc. acquired the asset in a transaction valued at $28.2 million.LendingCRE Distress Rate Falls Slightly to 11.6% in FebruaryMar 10, 2026Commercial real estate credit stress remains stubbornly elevated heading into the spring lending season, with CRED iQ’s latest data showing the overall distress rate — encompassing loans that are delinquent, specially serviced or both — registering 11.63 percent in February 2026.DealPeter Zaitzeff of Serhant: 5 QuestionsMar 10, 2026In addition to being a dynamic personality on Season 2 of the popular Netflix series “Owning Manhattan,” Peter Zaitzeff, sales director for new development at Serhant, is one of the most renowned and top-selling residential real estate brokers in New York City.TenantsAI Sales Company Clay Brings 11 Madison Ave. to 100% LeasedMar 9, 2026SL Green Realty Corp. has secured a new 10-year, 163,095 square foot lease at 11 Madison Ave. with Clay, an AI Sales growth-stage company. Clay will occupy the entire 14th and 16th floors and part of the 15th floor.TenantsOfficeMackenzie Commercial Tapped to Lease Charlottesville Office PropertyMar 9, 2026MacKenzie Commercial Real Estate Services has been chosen as the exclusive leasing broker for 375 Greenbrier Drive in Charlottesville, Virginia.DealIndustrialSparrowHawk Acquires 750K-SF Warehouse in Kansas CityMar 9, 2026SparrowHawk has acquired a 100% leased, 764,735-square-foot warehouse building at 31450 W. 196th Street in Edgerton, Kansas.LendingAssisted Living Development in Oregon Secures $12M FinancingMar 9, 2026Gantry has secured a $12 million construction-to-permanent loan for the development of a new assisted living facility in Woodburn, Oregon. The 46-unit, 51-bed facility is currently under construction at 1000 Country Club Road NE, adjacent to Heartwood Place Memory Care.Clearview Specialty Finance Establishes Defeasance PlatformMar 9, 2026Clearview Realty Finance, a leading national commercial real estate debt and equity advisory group, announced the formation of CRF Defeasance.OfficeMarx Realty Brings Speakeasy to 10 Grand Central TowerMar 9, 2026Marx Realty announced a partnership with the celebrated downtown Manhattan speakeasy Please Don’t Tell (PDT), to introduce Highball Ltd. at its 10 Grand Central office tower in Midtown Manhattan. Highball Ltd.DealTown Lane Acquires Seniors Housing Property in Suburban ChicagoMar 9, 2026Town Lane, in conjunction with Arcole, its senior housing platform, has acquired The Sheridan at Green Oaks, a 198-unit independent living, assisted living, and memory care community in Lake Bluff, Illinois.LendingSlatt Capital Closes Financings in San Gabriel, Laguna BeachMar 9, 2026Slatt Capital has closed two financing transactions totaling $27.25 million for a pair of properties in Southern California.DealCBRE Arranges Lab Facility Lease Extensions in WisconsinMar 9, 2026CBRE has arranged two 20-year lease extensions totaling 233,694 square feet for Thermo Fisher Scientific’s PPD clinical research business located along Research Way in Middleton, Wisconsin.LendingPNC Provides Construction Loan on Luxury Belmar ApartmentsMar 9, 2026Cushman & Wakefield arranged construction financing on behalf of Russo Development for the ground-up construction of Mara by Vermella, a 198-unit luxury multifamily community to be located at 800 River Rd. in the coastal community of Belmar, NJ.Representative imageDealLive Nation Could Sell 10 Venues as Part of Antitrust SettlementMar 9, 2026A potential settlement reached by Live Nation in its federal antitrust lawsuit could force the popular event promoter to sell 10 of its venues. The settlement comes just one week after Live Nation’s trial began in New York federal court.DealCentersNorthwell Health Acquires 338K-SF Queens Retail Center for $235MMar 9, 2026Northwell Health has acquired a vacant retail site in a move that could point toward a retrofit.Representative imageIndustrialCiti Experts Believe Demand, Better Fundamentals Will Spur REIT Growth in 2026Mar 9, 2026The national real estate investment trust (REIT) sector is expected to go through major changes in 2026, with more mergers and acquisitions on the horizon, demand for data centers to continue unabated, and industrial assets to experience a long-awaited upward pressure on rents,…Representative imageOfficeSHoP Architects Expands to 56K SF at Woolworth BuildingMar 9, 2026An architecture firm is adding 5,486 square feet to its office footprint at one of New York City’s best-known landmarks, Commercial Observer has learned.LendingM&T Realty Capital Refis Buffalo Tower With $120M CMBS LoanMar 9, 2026Douglas Development has sealed a $119.5 million debt package to refinance a redeveloped mixed-use tower in Downtown Buffalo, Commercial Observer can first report.Representative imageDealOfficeWatergate Office in D.C. Sells for Just $53MMar 9, 2026Part of the infamous Watergate complex in Washington, D.C., has sold for over 60 percent less than its 2017 sale price as the seller prepares to formally dissolve later this year.TenantsTwo Financial Services Firms Ink Deals at 1185 Avenue of the AmericasMar 9, 2026It’s been a busy week for SL Green Realty, especially at 1185 Avenue of the Americas, where it just signed two new financial services tenants.