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Net lease news – page 47
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IWG/Regus Leases Two Floors at Cohen Brothers’ 475 Park Ave. SouthCharles S. Cohen, chairman and CEO of Cohen Brothers Realty Corporation, on Tuesday announced five recent leasing transactions at 475 Park Avenue South in Manhattan.
Marcus & Millichap Closes Suburban Chicago Multifamily Property SaleMarcus & Millichap completed the sale of a 220-unit multifamily asset in St. Charles, Illinois. “Located in a high-demand submarket, Fox Run Apartments is a fully renovated asset well-positioned for long-term growth,” said Ryan D.
WNC Closes on 23rd California-Focused Affordable Housing FundWNC & Associates, Inc. has closed on WNC Institutional Tax Credit Fund X California Series 23, L.P. The $66.3-million fund is the company’s 23rd consecutive California-focused multi-investor affordable housing fund for institutional investors.
Berkadia Secures $12M in LIHTC Equity for Michigan Housing PropertyBerkadia secured financing for Lighthouse Ridge Apartments, a 52-unit garden-style multifamily property in South Haven, Michigan.
Acadia Buys Mixed-Use Property on SoHo’s Greene Street for $60MAcadia Realty Trust has snapped up a mixed-use property on SoHo’s Greene Street.
GAIA lands One-Year Extension on Williamsburg Multifamily LoanGAIA Real Estate has secured an additional one-year extension of its $48-million loan with Raymond James Bank for 55 Hope, a 117-unit multifamily property in Williamsburg, Brooklyn. The extension pushes the loan’s maturity to August 2027.
Women’s Clothing Store Esti’s Takes 8K SF at 2263 Nostrand Avenue in MidwoodHigh-end women’s clothing store Esti’s is relocating to a new mixed-use development in Midwood, Brooklyn, Commercial Observer has learned. The longtime retailer’s 7,800-square-foot lease at 2263 Nostrand Avenue was signed on Tuesday.
Talonvest Secures Life Company Loan for 1,800-Unit Self-Storage PortfolioTalonvest Capital arranged $53,500,000 in financing with a life insurance company for three California self-storage properties on behalf of Investec Real Estate Companies.
Healthcare Realty Acquires Greenwich Outpatient CampusNewmark arranged the approximately $65-million sale of Greenwich Medical Center at Holly Hill, a 106,092-square-foot Class A outpatient medical campus located at 75 Holly Hill Lane in Greenwich, CT. Benedict Realty Group sold the property to Healthcare Realty. Co-Heads of U.S.
North Star Glove Company Expands Space at Tacoma’s Willamette BuildingLee & Associates Commercial Real Estate Services announced the completion of a lease amendment expanding North Star Glove Company’s footprint at the historic Willamette Building from 27,600 square feet to 65,879 square feet.
Berkeley Partners Buys 2 Industrial Buildings For $36M: The Boston Deal SheetBerkeley Partners acquired two industrial buildings in Marlborough and Northborough from McCord Development.
Synergy Completes Repositioning, Refinancing of Downtown Boston TowerSynergy has completed a repositioning project and refinancing of 101 Arch St. in Boston. Synergy has invested over $20 million in 101 Arch since acquiring the building in March 2024.
Representative imageNew York Life Provides $54M Refi for California Self-Storage PortfolioInvestec Real Estate Companies has secured $53.5 million to refinance a portfolio of three self-storage assets in Central and Southern California that span 253,496 rentable square feet and hold 1,818 units, according to a release.
Electrical Contractor L.K. Comstock Signs 14K-SF Lease at Dumbo Heights CampusThis Dumbo, Brooklyn, office property is about to light up with a new tenant. L.K.
Marcus & Millichap Closes Sale of Bay Area Assisted LivingMarcus & Millichap recently closed the sale of Mission Villas, a 34-unit assisted living property with more than 50 beds in Daly City. The property sold for $10.65 million, or $313,235 per unit.
Nuveen Green Capital Supplies $93M C-PACE Loan for Cleveland Office Conversion to W HotelThe increased utilization of Commercial Property Assessed Clean Energy (C-PACE) debt for conversion projects has reached new heights with Cleveland’s fifth-tallest building.
Cantor Fitzgerald Provides $141M CMBS Loan for Raleigh Office ComplexA joint venture among East West Partners, CBC Real Estate and Affinius Capital has secured $141 million to refinance a 535,000-square foot office campus in Raleigh, N.C., that serves as the global headquarters of Bandwidth, a publicly traded technology firm.
Investment Firm 26 North Relocates to 84K SF at LeFrak’s 40 West 57th StreetAlternative investment management firm 26 North is relocating its New York City offices to LeFrak’s Midtown office tower at 40 West 57th Street, Commercial Observer has learned.
Innovo On Leasing Spree At Multistory LIC Warehouse: The N.Y. Deal SheetInnovo's Long Island City complex signs major leases, reaching more than 50% leased, plus more in this week's New York Deal Sheet.
Bouwinvest Expands International Real Estate Platform As Repricing ContinuesBouwinvest's international expansion targets diverse investors amid real estate repricing, leveraging a €10.5B portfolio.