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Net lease news – page 52
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Tishman Speyer Sells Office Building in Mountain View, California to Spear Street Capital for $121.5MMOUNTAIN VIEW, CALIF. — Tishman Speyer has completed the disposition of 400 Castro Street, a Class A office building in downtown Mountain View, to Spear Street Capital for $121.5 million, or $876 per square foot.
Freestone Capital Acquires Aperture on Fifth Multifamily Community in Downtown Seattle for $32.2MSEATTLE — Freestone Capital has purchased Aperture on Fifth, an apartment property in downtown Seattle, from PrivatePortfolio Group for $32.2 million or $304,245 per unit.
SRS Real Estate Arranges $11.7M Sale of Lumberjack Square Shopping Center in Bakersfield, CaliforniaBAKERSFIELD, CALIF. — SRS Real Estate Partners has arranged the $11.7 million sale of Lumberjack Square, an 85,031-square-foot shopping center located in Bakersfield.
Marcus & Millichap Brokers $8.3M Sale of Two-Property Retail Portfolio in Metro San DiegoENCINITAS, CALIF. — Marcus & Millichap has brokered the $8.3 million sale of a two-property retail portfolio located roughly 25 miles north of San Diego in Encinitas. The first property, located at 548-568 S.
Representative imageCadent Signs 50,017 SF Office Lease in Midtown ManhattanNEW YORK CITY — Cadent has signed a 50,017-square-foot office lease in Midtown Manhattan. The AI-powered predictive advertising company will occupy the entire ninth floor at 2 Park Avenue, a 1.2 million-square-foot building.
Eastham Capital, Bender Cos. Acquire 220-Unit Fox Run Apartments in Suburban ChicagoST. CHARLES, ILL. — Eastham Capital and Bender Cos. have acquired Fox Run Apartments, a 220-unit community in the western Chicago suburb of St. Charles. To date, Eastham and Bender have co-invested in 14 projects.
Greysteel Arranges $18.1M Sale of Multifamily Community in Metro MilwaukeeCUDAHY, WIS. — Greysteel has arranged the $18.1 million sale of Cudahy Commons, a 142-unit multifamily property at 2810 E. Edgerton Ave. in the Milwaukee suburb of Cudahy. BJ Connolly, Doug Banerjee and Ryan Carter of Greysteel represented the seller, a private investor.
Burlington, Planet Fitness Sign Leases Totaling 45,000 SF at Joffco Square in ChicagoCHICAGO — Burlington and Planet Fitness have singed long-term leases totaling roughly 45,000 square feet at Joffco Squre in Chicago. Nassimi Realty has brought the urban retail center from 50 percent occupancy to fully leased.
CBRE Brokers $3.4M Sale of Retail Property Occupied by Sheetz in Gahanna, OhioGAHANNA, OHIO — CBRE has brokered the $3.4 million sale of a single-tenant Sheetz convenience store at 495 Crescent Circle in Gahanna, a suburb of Columbus. CBRE’s Karly Iacono represented the buyer, 495 Crescent Circle Gahanna Ohio LLC.
JLL Arranges $78.7M Loan for Refinancing of East Dallas Apartment CommunityDALLAS — JLL has arranged a $78.7 million loan for the refinancing of The Flynn at Live Oak, a 327-unit apartment community in East Dallas. The five-story, newly constructed building offers studio, one- and two-bedroom units with an average size of 832 square feet.
Representative imageAmid Higher-for-Longer Mortgage Rates, Multifamily Pros Find a Silver LiningNearly four years after mortgage rates surpassed 6 percent for the first time since the height of the 2008 financial crisis, borrowing conditions for homeowners and prospective buyers have remained stubbornly elevated with no signs of abating anytime soon. The average U.S.
Retailers Charging Ahead With EV Stations Despite Policy PullbackNew sales of EVs flattened in 2025 at about 1.2 million, according to the Bureau of Transportation, but the used EV market is growing rapidly.
JLL Arranges Refi for Maine Self-Storage AssetJLL has arranged a refinancing for a recently built self-storage facility managed by Extra Space Storage Inc. in South Portland, ME.
BXP Acquires Boston-Area Office Buildings for $30MBoston-based real estate investment trust BXP has acquired a pair of office buildings in Waltham, MA for a total of $30 million following a rezoning of the area. The REIT paid $17 million for 860 Winter St.
Chicago/Midwest People & Company News, week of September 4, 2026CBRE has promoted Chris Schastok to vice chairman, the firm’s highest professional title for producers. Schastok is a member of CBRE’s Site Selection & Incentives group within the Advisory Services Practice, based in Chicago.
CEDARst Snags $80M Construction Loan for San Diego ApartmentsCEDARst obtained an $80 million construction financing for The Samuel, a 197-unit Class A multifamily development in San Diego’s North Park neighborhood.
Colliers Completes 67K-SF Industrial Lease in MarylandColliers completed a 67,040-square-foot industrial lease at 4780 Winchester Boulevard in Frederick, Maryland. Executive Vice Presidents Thomas Gentner, Brian Siegel and Jason Sullivan represented the landlord in the transaction.
Y'all Street Continues To Power Trophy Office Momentum In Uptown DallasY'all Street is powering top-tier office growth in Uptown Dallas, driving high rents and new developments.
New Details Released for Kent Manufacturing and Innovation CampusGrowing demand from aerospace, defense, space, and emerging technology companies is driving plans for the Kent Manufacturing & Innovation Campus (KMIC), a proposed 9.3-acre industrial development in the Pacific Northwest.
Joint Venture Picks Up 50-Building Silicon Valley R&D PortfolioA joint venture of TMG Partners, Grove Real Estate Partners and an affiliate of Lone Star Real Estate Fund VII acquired a 2.2 million-square-foot portfolio of R&D assets spread across six campuses in Silicon Valley.