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Net lease news – page 48
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Representative imageBaptist Health Pays $54M for Kohl’s Store in Suburban Fort LauderdaleDepartment store retailer Kohl’s has sold a building in Coconut Creek, Fla., for $53.5 million, according to a property deed. Baptist Health South Florida acquired the property at 6950 North State Road 7.
Thor Equities Reacquires Retail Portion Of Palmer House After Losing It To Foreclosure In 2023The company reacquired the 68K SF retail portion of the property at 17 E. Monroe St. in the Loop for $5.1M.
Coworking Firm IWG Takes 22K SF at Cohen Brothers’ 475 Park Avenue SouthCohen Brothers Realty has signed lease deals for a coworking provider and four other tenants at one of its Midtown South office buildings.
Lawsuit Over Pandemic-Era Eviction Ban Expands To 2,600 Landlords As Feds Eye SettlementLandlords join lawsuit over eviction ban losses, with a $1B settlement possible. An appeals court favors the plaintiffs.
Podcast: How Physical Property Data Drives Key CRE Decisions, ID Plans’ Jordan HearinJordan Hearin is the chief strategy officer at ID Plans, a platform that digitizes the physical reality of commercial real estate assets to support leasing, property management, construction, and asset management across the full property lifecycle.
Thor Equities Drops $62M on Boca Raton OfficeJoe Sitt’s Thor Equities has paid $62 million for the Two Town Center office complex in Boca Raton, Fla., Commercial Observer has learned.
Diamond Realty Sells Retail, Office Component of Williamsburg’s Dime for $29MThe Dime, a 2020-built residential development in Williamsburg, Brooklyn, has found a new owner for its office and retail space, which includes the entire landmarked Dime Savings Bank of Williamsburg.
Goldenrod Advancing $400M Fort Worth Mixed-Use ProjectGoldenrod placed the highest structural beam on a Fort Worth mixed-use development called the Van Zandt. It is set to include 100,000 square feet of offices, 226 apartments and 13,000 square feet of retail space on the 2800 block of West Seventh Street.
Ares Closes Japan-Focused Logistics Fund at US$4BAres Management Corporation has reached the final close of Japan Logistics Development Partners V LP, the latest vintage in its Japan-focused logistics real estate development fund series.
Denver Office Property Converts to ApartmentsLofts on Monaco opened to residents in June after Shea Properties spent about a year converting the four-story building into apartments.
WinCo Pays $18M for 11.6 Acre Tucson ParcelWinCo Foods purchased nearly 12 acres of commercial property on East Broadway for $18 million. The grocer purchased the 11.59-acre property at 5205 E. Broadway and adjoining parcels. Sunbelt Stores was the seller. Edward Beeh of SRS Real Estate Partners represented WinCo.
NRP Group Breaks Ground on 336-Unit Affordable Housing Project in Southeast AustinAUSTIN, TEXAS — The NRP Group, a Cleveland-based multifamily developer, has broken ground on Catalina, a 336-unit affordable housing project in southeast Austin.
Walker & Dunlop Arranges $46.5M Loan for Refinancing of Metro Austin Apartment CommunityLEANDER, TEXAS — Walker & Dunlop has arranged a $46.5 million bridge loan for the refinancing of River Junction, a 329-unit apartment community located in the northern Austin suburb of Leander.
Representative imageMarcus & Millichap Brokers Sale of 30,800 SF Retail Strip Center in Victoria, TexasVICTORIA, TEXAS — Marcus & Millichap has brokered the sale of Dollar Tree Plaza, a 30,800-square-foot retail strip center in Victoria, about 85 miles north of Corpus Christi.
Representative imageHouston Bank & Trust Signs 19,600 SF Office, Retail Lease in UptownHOUSTON — Houston Bank & Trust has signed a 19,600-square-foot lease in the city’s Uptown area for its new banking headquarters, trust department and flagship retail banking branch. The space is located within the building at 2603 Augusta Drive, which according to LoopNet Inc.
Shorenstein Adds 300K-SF Dallas Office Tower to DFW PortfolioShorenstein Investment Advisers acquired Sherry Lane Place, a 300,000-square-foot Class AA office tower in the Preston Center submarket of Dallas, Texas. The acquisition marks Shorenstein’s fourth acquisition in Dallas over the past two years.
GoDocs Sees Rise in Multifamily Lending Volume, Loan SizeCommercial loan document automation platform GoDocs said Tuesday it saw a 17.2% year-over-year increase in commercial loans for multifamily properties through its platform in the first half of 2026.
Passco Offloads Buckhead Rental Asset for $87.5MORIX Corporation USA purchased The Kendrick, a 423-unit multifamily property, for $87.5 million. Built in 1998, the garden-style multifamily community is located in Atlanta’s Buckhead neighborhood, near major employment, retail and entertainment centers.
Affinius Capital Provides $310M Construction Loan for Jersey City Multifamily ProjectJERSEY CITY, N.J. — Affinius Capital has provided a $310 million construction loan for Park Tower, a 1,049-unit multifamily project in Jersey City.
Representative imageCharlie Health Signs 28,424 SF Office Lease in Midtown ManhattanNEW YORK CITY — Charlie Health has signed a 28,424-square-foot office lease in Midtown Manhattan. The provider of virtual behavioral healthcare services will occupy the entire 21st floor at 2 Park Avenue, a 1.2 million-square-foot building.