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Net lease news – page 57
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Related Pays $110M for Atlanta-Area ApartmentsRelated Company paid $110 million for a 468-unit garden-style apartment complex the Roswell/Alpharetta area. The seller was Post Real Estate Group. The Manchester at Mansell apartments were built in 1984 and offer one-, two-, and three-bedroom floor plans.
Representative imageJLL Negotiates Sale of 86,698 SF Shopping Center in Prosper, TexasPROSPER, TEXAS — JLL has negotiated the sale of an 86,698-square-foot shopping center in Prosper, a northern suburb of Dallas. Shops at Prosper Trail was built in 2016 and was fully leased at the time of sale.
CBRE Negotiates $62.5M Sale of Shopping Center in Vernon, ConnecticutVERNON, CONN. — CBRE has negotiated the $62.5 million sale of Tri-City Plaza, a 295,817-square-foot shopping center in Vernon, located northeast of Hartford. Grocer Shoprite anchors the center, which was 96 percent leased at the time of sale. Other tenants include T.J.
Representative imageKansas City Chiefs, Hunt Midwest Launch Two-Point DevelopmentKANSAS CITY, MO. — The Kansas City Chiefs and Hunt Midwest are launching Two-Point Development, a joint real estate venture that will help shape mixed-use districts around the football franchise’s new stadium in Kansas City, Kan., and its new headquarters and training facility…
Representative imageIRG Acquires 422,727 SF Distribution Facility in St. Paul, MinnesotaST. PAUL, MINN. — Industrial Realty Group LLC (IRG) has acquired a 422,727-square-foot industrial facility located at 411 Farwell Ave. in South St. Paul. The property formerly served as the headquarters of The Sportsman’s Guide, an online and catalog retailer.
SVN Chicago Commercial Arranges $25.5M Sale of Industrial Property in Lake ZurichLAKE ZURICH, ILL. — SVN Chicago Commercial has arranged the $25.5 million sale of a 210,000-square-foot industrial property located at 1275 Ensell Road in Lake Zurich. Paul Cawthon and Angelo Labriola of SVN represented the seller.
Shoma Group Obtains $172.5M C-PACE Loan for North Bay Village DevelopmentNewmark has arranged $172.5 million in C-PACE construction financing on behalf of Shoma Group for Shoma Bay, a landmark mixed-use waterfront development in North Bay Village, Florida. Located at 1850 John F.
Representative imageLegacy Real Estate Sells 126,108 SF Industrial, Office Building in Dover, New JerseyDOVER, N.J. — Locally based owner-operator Legacy Real Estate Developers has sold a 126,108-square-foot industrial and office building located in the Northern New Jersey community of Dover. The building at 570 Mount Pleasant Ave.
Marcus & Millichap Brokers $11.5M Sale of Retail Strip Center in Glendale Heights, IllinoisGLENDALE HEIGHTS, ILL. — Marcus & Millichap has brokered the $11.5 million sale of Bloomingdale Plaza in Glendale Heights.
Data Center Construction Surges to Record 7,481 MWDespite record construction activity, North American data center demand outpaced supply during the first half of the year, according to CBRE’s latest North American Data Center Trends Report.
Representative imageNAI DiLeo-Bram Brokers $13.1M Sale of Industrial Flex Building in Kenilworth, New JerseyKENILWORTH, N.J. — NAI DiLeo-Bram (NAIDB) has brokered the $13.1 million sale of a 26,000-square-foot industrial flex building in the Northern New Jersey community of Kenilworth. Completed in 2024, the building at 651 Michigan Ave.
The Plan: At 44 West Eighth Street, the Goal Is a ‘Wonderful Visual Cacophony’Craftsmen often like to leave a bit of themselves behind in the things they create, and that is especially true at 44 West Eighth Street, a new ground-up condominium development in Manhattan’s Greenwich Village.
Bluerock Affiliate Acquires Sunnyvale Office Hub For $330.7MBluerock's Sunnyvale office play included a 20-year leaseback to Juniper Networks. The price signals ongoing confidence in Bay Area office properties.
CRE's Clearance Rack Is Empty, Leaving Landlords To Create Their Own ValueAnalysts focused on net operating income as the driving force behind asset appreciation in reports published in the last month.
Dallas Multifamily 2026 Panelists Cautious, Hopeful About Industry FutureWith so much competition, its doing the little things right that seemed to be a prevailing theme among several panelists at the recent Connect Texas Multifamily Dallas event at the Joule.
Midtown Office Tower Scores Leases Totaling 182K SFA trio of companies have inked leases totaling more than 182,000 square feet at The Swig Company’s 1411 Broadway following a $100 million renovation of the Midtown office tower.
Former Factory to Receive New Life as Affordable Homes in Upstate NYDevelopers have begun work on a new 80-unit affordable housing property on the site of a former factory in the Adirondack village of Tupper Lake, NY.
Partners Capital Sells Austin Shopping Center, Citing Strong Investor AppetitePartners Capital sells Oak Hill Plaza retail center in Austin, showing strong investor interest.
Downtown Office Building Approved For Conversion Trades For $8.5M: The Boston Deal SheetThe 85 Devonshire St. property sold to a local developer. Also in the Deal Sheet, multiple downtown buildings get financing and Constitution Marina sells.
Colliers Completes Sale of Healthcare Center in Twin Cities MetroColliers completed the sale of Eagan Medical Center, an outpatient facility located at 1185 Town Centre Drive in Eagan, Minnesota.