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Net lease news – page 56
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Industrious Adds 19th L.A.-Area Location at Caruso’s Masonic TempleCoworking giant Industrious is adding another location in Southern California, this time at one of the more recognizable office properties in Glendale.
Westfield Montgomery Pays Off $350M Loan As New Retailers Expand In MallWestfield Montgomery mall pays loan, expands retailers. Future plans unclear.
Fashion Boutique Atelier Secures Retail Space at 181 MacDougal StreetFashion boutique Atelier New York is upgrading its retail footprint in Manhattan’s Greenwich Village.
Joss Realty CEO, Executives Join Another Company's Real Estate DivisionStewards has the right of first refusal for Joss assets as the company transitions into a REIT with a smaller portfolio.
Fintech Firm Stash Financial Leases 12K SF at 641 Avenue of the AmericasThis fintech firm is stashing away some new office space.
California Duo's Ponzi-Like Investment Scheme Unravels With Bankruptcy, SEC ChargesSEC charges Mark Hanf and Hoai-Nam Phan with defrauding investors and uncovers over $100M in losses.
Bank OZK Lends $76M for Connecticut Office-to-Resi ConversionA joint venture between Saber-Hightower and Granoff Real Estate has sealed $75.5 million of construction financing for an office-to-residential conversion project in Connecticut’s Fairfield County, Commercial Observer has learned.
Developer Looking to Transform Phoenix Shopping CenterOne of Phoenix’s oldest shopping centers is gearing up for a potentially major transformation.
Seafood Restaurant Crab House Takes 7K SF at 11 East 13th StreetIt’s the catch of the day! All-you-can-eat seafood chain Crab House has secured its fourth New York City location at 11 East 13th Street in Manhattan’s Greenwich Village neighborhood, Commercial Observer has learned.
18-Story Houston Office Tower Changes HandsSerac Capital Partners, in partnership with National Real Estate Advisors, acquired 3737 Buffalo Speedway in Greenway Plaza. Madison Marquette was the seller.
Representative imageAI Is Turning Retail Leasing Into an Underwriting BusinessRetail real estate has never lacked data. It has lacked a reliable way to connect that data to the health of an individual store. A rent roll shows what a tenant is obligated to pay. Demographics describe the households surrounding a property.
Treasury Yield Curves Split, Raising Questions About What Comes Next for U.S. EconomyExecutive Summary The Treasury market is delivering an unusually divided assessment of the U.S. economy. The 10-year/2-year spread narrowed to 39 basis points last week, down sharply from 50 basis points a week earlier and approaching its 2026 low of 22 basis points.
Integral Announces Construction Start for 900-Unit Durham Apartment DevelopmentDubbed Tribute Rising, The Integral Group announced when it will kick off construction on the 907-unit apartment and retail venture.
Representative imageAffinius Capital Provides $35M Loan for Refinancing of Metro Houston Retail, Office PropertyCYPRESS, TEXAS — New York City-based Affinius Capital has provided a $35 million loan for the refinancing of Village Green at Bridgeland Central, a 198,000-square-foot retail and office property located in the northwestern Houston suburb of Cypress.
Lincoln Property Co. Sells Two Industrial Buildings at Park303 in Glendale, Arizona for $170.2MGLENDALE, ARIZ. — Dallas-based Lincoln Property Co. has sold two industrial buildings within Park303 in Glendale. Nuveen Real Estate acquired the assets for $170.2 million.
JMI Realty Receives $28.8M Acquisition Loan for Downtown Austin HotelAUSTIN, TEXAS — Locally based owner-operator JMI Realty has received a $28.8 million acquisition loan for the 254-room Hilton Garden Inn Austin Downtown hotel.
IPA Negotiates Sale of 95-Unit Apartment Complex in Seattle’s Eastlake NeighborhoodSEATTLE — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of East Howe Steps, an apartment complex located in Seattle’s Eastlake neighborhood. The seller was Bender Equities. An affiliate of Sequel Investment Co.
Fourth Avenue Capital Buys Apartment Complex in Bend, Oregon for $20MBEND, ORE. — Fourth Avenue Capital has purchased Steppe, an apartment complex in Bend, about 175 miles southeast of Portland. National Real Estate Advisors sold Steppe for $20 million.
Representative imageJoint Venture Acquires 95,551 SF Office Building in San Marcos, CaliforniaSAN MARCOS, CALIF. — A joint venture between Newport National Corp., Bluebird Capital Group and Salt Lake City-based Sundance Bay has acquired Civic View Corporate Centre, an office building located at 300 Rancheros Drive in San Marcos a northern suburb of San Deigo.
Newmark Brokers Sale of 229-Unit Apartment Complex in PlanoPLANO, TEXAS — Newmark has brokered the sale of Hathaway at Willow Bend, a 229-unit apartment complex in Plano. The property offers one-, two- and three-bedroom units and amenities such as two pools, a fitness center, outdoor kitchen and a dog park.