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Net lease news – page 39
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OPEN Impact Arranges Coney Island Ground Lease for Charter SchoolOPEN Impact Real Estate represented Coney Island Preparatory Public Charter School in securing a 39-year leasehold condominium for a new 45,190-square-foot ground-up high school at 773 Neptune Ave. in Brooklyn.
Greystar, Merrimack College Open Two New Residence HallsGreystar and Merrimack College celebrated the opening of two new residence halls, Shawsheen and Essex. The two-building student housing development is located at the intersection of Route 114 and Andover Street in North Andover, MA, representing.
Cushman & Wakefield Brokers Sale of Fully Leased Rochester ApartmentsCushman & Wakefield has brokered the $7.27 million sale of Cascade Apartments, a 44-unit multifamily community in Rochester, Minnesota. The firm’s Chris Collins, Lance Steiger, Evan Miller and Erin Salway represented the seller, Patina Management. The buyer was Black Swan Living.
Office Revenues Are Failing To Keep Pace With ExpensesOffice operating expenses exceed revenue growth, impacting NOI. Rising costs persist post-pandemic.
Stanford Crossing Offers 100 Acres for Development in Fast-Growing LathropStanford Crossing is positioning more than 100 acres of commercial land within Lathrop, representing what it calls a rare opportunity for developers to establish an early foothold in a rapidly growing market.
Grand Peaks, PCCP Acquire Mixed-Use Multifamily in BeavertonMultifamily real estate investment firm Grand Peaks, in partnership with PCCP, LLC, announced the acquisition of West End District, a 424-unit, mixed-use multifamily community located in the heart of Beaverton, Oregon.
Representative imageAzimuth Sells Bronx Educational Facility to Equality Charter School for $55MAzimuth Development Group has handed over ownership of a school facility in the East Bronx that appears to have been a build-to-suit construction job for the firm.
Arc Capital Lands $29M Refi for Chapman Market in L.A.’s KoreatownArc Capital Partners has secured $29.3 million to refinance the Chapman Market, a nearly century-old retail and dining destination in Los Angeles’ Koreatown.
C-PACE Financing is Now a Capital Stack ConversationAt the in-person Connect Apartments 2026 event in Los Angeles on Sept. 22, finance naturally will be on the agenda.
DFW Multifamily Distress Creates Opening For Investors As Development SlowsDFW's slowing development opens doors for investors amid distress. Explore opportunities in older multifamily properties.
In Health Care Real Estate, Creativity Abounds — It Has ToHealth care is an ever-evolving entity, from the way patients are treated to where they are treated.
HPP, Blackstone Nab Extension On $1.1B Loan Tied To 2.2M SF Hollywood PortfolioThe investors secured another year to pay off the mortgage tied to a 2.2M SF studio and office portfolio.
Andreessen Horowitz to Open West Palm Office for Defense-Tech BetsVenture capitalist behemoth Andreessen Horowitz is opening an office in West Palm Beach, Fla., which will focus on defense-tech investments.
Apartments Kick Off New Era Of Mixed-Use Activity In Philly Navy YardA 614-unit complex delivered in March and is now 40% leased, according to the developer, Brad Korman, who said the project has also secured restaurant tenants.
16K SF Restaurant, Event Space Opens At 5POP Office: The Houston Deal SheetThis week in Houston real estate news, Mack Allen's 16K SF restaurant and event space opens at 5POP, The Woodlands office building trades, and more.
Representative imageLongpoint Buys Miami-Dade Warehouse Portfolio for $195MLongpoint Partners has dropped $195 million on a 10-building industrial portfolio in Miami-Dade County, the Boston-based private equity firm announced. The portfolio, composed of small-bay properties, spans 729,901 square feet across 41 acres.
Upper Manhattan Empowerment Zone Relocates HQ to 9K SF at 119 West 125th StreetThe nonprofit Upper Manhattan Empowerment Zone Development Corporation (UMEZ) is moving its nonprofit headquarters to 119 West 125th Street in Harlem, Commercial Observer has learned.
BMO Executive Named New CEO At CREFCPaul T. Vanderslice has worked for BMO Capital Markets since 2020, establishing and leading the firm's CMBS platform.
Evergreen Devco Moving Ahead on Denver-Area Mixed-Use CommunityEvergreen Devco is building apartments, a senior living facility and retail in Thornton, just outside Denver. Creekside Gardens will span 26 acres at the southwest corner of East 104th Avenue and Washington Street.
San Antonio Agrees to Spend $60M on Spurs Arena SiteThe San Antonio City Council voted to allocate $60 million toward purchasing a site for a new San Antonio Spurs arena. $115 million is needed to buy all of the land for the sports complex. The land is the former site of the Institute of Texan Cultures at Hemisfair.