Net lease news – page 41

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LendingPSRS Arranges $6.3M Refinancing for Self-Storage Facility in Provo, UtahSep 11, 2026PROVO, UTAH — PSRS has arranged $6.3 million in refinancing for a self-storage facility in Provo. The 130,510 rentable square-foot property offers 725 self-storage units that were 65 percent occupied at the time of refinancing.DevelopmentFengate, Mavrek Break Ground on 25-Story Apartment Tower in Chicago’s West LoopSep 11, 2026CHICAGO — Fengate Asset Management and Mavrek Development have broken ground on Julep West Loop, a 25-story apartment tower in Chicago’s West Loop neighborhood.ClarkDietrich to Relocate Headquarters to $350M Montgomery Quarter Near CincinnatiSep 11, 2026MONTGOMERY, OHIO — ClarkDietrich, a manufacturer of cold-formed steel framing, will relocate its corporate headquarters to Montgomery Quarter, which is a public-private partnership between the City of Montgomery and developers Brandicorp and Neyer Properties valued at $350…LendingGantry Arranges $48.3M in Financing for Multifamily Property in Maple Grove, MinnesotaSep 11, 2026MAPLE GROVE, MINN. — Gantry has arranged a $48.3 million permanent Freddie Mac loan to retire construction financing for The Edison at Maple Grove, a multifamily property in Maple Grove, about 20 miles northwest of Minneapolis.DealOfficeInvestor Group Picks Up 192K-SF Sandy Springs Office ParkSep 11, 2026Ardent Properties traded the Century Springs Office Park in Sandy Springs for $20.75 million.Consumer Prices Rise 0.4% in August as Gasoline Costs AccelerateSep 11, 2026U.S. consumer prices rose 0.4% in August, accelerating from a 0.1% gain in July as gasoline and other energy costs lifted household expenses, the Labor Department reported Friday.Report: Tariffs Won’t Impact Every U.S. Market in the Same WaySep 11, 2026Tariff discussions between Canada and the United States have been fractious, to say the least. As of this writing, Canada has issued retaliatory tariffs totaling more than $20 billion on U.S.OfficeLuxury Marriott Hotel Will Take Space In Charlotte Office ConversionSep 10, 2026A Marriott W Hotel will anchor a 1970s tower conversion project in Charlotte.DevelopmentLogos Faith Tests Modular Construction for Affordable Housing ScaleSep 10, 2026Since its launch in 2017, Los Angeles-based Logos Faith Development has worked with religious institutions throughout Southern California to convert underutilized land into affordable housing units.Representative imageLendingJapanese Firm Orix Provides $55M Refi for 200-Unit Seattle Apartment ComplexSep 10, 2026A joint venture among Mack Real Estate Group, Silverstein Properties and Cantor Fitzgerald has secured $55 million to refinance Swell Apartments, a 200-unit multifamily complex in Downtown Seattle, Wash., Commercial Observer can first report.DealDavis Looks To Sell 16-Building Beacon Hill, Back Bay PortfolioSep 10, 2026Davis Cos. retained Boston Realty Advisors to sell a portfolio of century-old multifamily buildings in Beacon Hill and Back Bay.TenantsOfficeDiptyque Signs Full-Floor Lease in North American Headquarters MoveSep 10, 2026George Comfort & Sons and building owner Wohio Holding Inc. announced a new lease agreement with Diptyque at 16 East 34th St., a newly renovated office and retail building located between Madison and Fifth Avenues in Murray Hill.Jay Roberts of Prosper Group: 5 QuestionsSep 10, 2026Developer Jay Roberts is making a splash in South Florida. The CEO of Miami-based Prosper Group recently closed on a $50 million site along the Miami River in the city’s Brickell district.LendingMMCC Arranges Financing for Orange Multifamily AcquisitionSep 10, 2026Marcus & Millichap Capital Corporation (MMCC) arranged $12.6 million in financing for the acquisition of Bel Air and El Commodor Apartments, two contiguous 27-unit multifamily properties located at 315-343 S. Bedford Rd. in Orange.New York People and Company News, Week of Sept. 11, 2026Sep 10, 2026Global law firm Greenberg Traurig, LLP has expanded its Real Estate Practice with the addition of Jennifer Polovetsky as a shareholder in the firm’s New York City and Long Island offices.Representative imageDealCentersRFR Buys Prada-Anchored Upper East Side Retail Condo at 841 Madison Avenue for $57MSep 10, 2026An Upper East Side retail condominium at 841 Madison Avenue has traded hands for $57 million, Commercial Observer has learned.OfficeTishman Speyer Seeks $92M Tax Break For Next Hudson Yards Office TowerSep 10, 2026The developer recently collected a $1B dividend for The Spiral, its first project in the neighborhood.California People and Company News, Week of Sept. 11, 2026Sep 10, 2026The post California People and Company News, Week of Sept. 11, 2026 appeared first on Connect CRE.DealIndustrialPrologis Acquires 69 Acres For 1M SF Chicago-Area Industrial DevelopmentSep 10, 2026Prologis is slated to to develop Minooka Exchange, adding more than 1M SF of logistics space to the Chicago area.TenantsIndustrialRoadway Moving, Contenur Take Combined 231K SF at Innovo’s 28-90 Review AvenueSep 10, 2026Innovo Property Group signed expansive leases for two industrial tenants in one of the company’s developments in Long Island City, Queens.