Net lease news – page 64

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DealBuyer Of BXP's Sumner Square Revealed: The D.C. Deal SheetAug 28, 2026Also this week, Sheppard takes an anchor lease in downtown D.C., sparking a renovation, Douglas Development sells a Georgetown building, and more.DealIndustrialAggregate Buys $58M Northern Virginia PortfolioAug 28, 2026The owner of an 11-building industrial and retail portfolio in Northern Virginia has sold the assets for $58 million. Fairfax-based Aggregate Real Estate Investors acquired the 320,000-square-foot portfolio from Clarke-Hook Corporation.LendingDwight Supplies $70M Refi on Newark Multifamily TowerAug 28, 2026New Jersey developer Yisroel Berger has sealed a $70 million loan to refinance a newly redeveloped multifamily tower in Newark, N.J., Commercial Observer has learned.DealLaramar Group Pays $166M For 43-Story South Loop Apartment BuildingAug 28, 2026Laramar Group buys a 656-unit apartment building in Chicago's South Loop, marking the property's first ownership change since 1967.Wellness Spa Proposed At Former Greyhound Site: The Denver Deal SheetAug 28, 2026Circle Wellness plans a Denver spa on a 1-acre site, replacing an old Greyhound maintenance property.TenantsOfficeLaw Firms Are On A Historic Office BingeAug 28, 2026Law firms expand, leasing 12.2M SF in 2026, boosting demand across 10 major U.S. metros, according to a new Cushman & Wakefield report.Feds Raid North Texas-Based Contractor As Part Of HUD InvestigationAug 28, 2026HUD authorities raided Cadence McShane offices over whistleblower allegations that it exceeded a profit cap on a low-income housing project.DealOfficeLaSalle IM Buys Stake In 1.5M SF CityWest Office Campus: The Houston Deal SheetAug 28, 2026This week in Houston real estate news, LaSalle Investment takes equity in a prime 1.5M SF Houston office.DealCortland Sells West Palm Rental at Discount for $208MAug 28, 2026Multifamily development firm Cortland sold a garden-style rental complex in West Palm Beach, Fla., for $208 million, property records show. The transaction ranks among South Florida’s largest multifamily sales this year, although it marked a discount for the Atlanta-based seller.DevelopmentWestbridge Realty Group Files Plans for Three 99-Unit Buildings in the BronxAug 28, 2026New York City-based real estate development firm Westbridge Realty Group has filed plans to build three 99-unit residential buildings on a development site in the Bronx’s Soundview neighborhood, the latest example of the trend to cap multifamily projects at 99 units to reap…TenantsPilates Studio Sancta Selects Tribeca’s 124 Hudson Street for First LocationAug 28, 2026A high-end Pilates studio has found its center in Manhattan’s Tribeca neighborhood. Sancta, a studio specializing in reformer Pilates, has inked a 2,350-square-foot lease for its debut location at 124 Hudson Street, Commercial Observer has learned.LendingIn Jackson Hole, Warsh Says Fed Policy Isn't Restrictive, Pledges To Tame InflationAug 28, 2026Federal Reserve Chair Kevin Warsh vowed to curb inflation during a closely watched speech in Jackson Hole, Wyoming.TenantsLaunch Expeditionary Learning Signs 77K-SF Lease for High School in Sunset ParkAug 28, 2026A public charter school is leasing space from an independent Catholic order to create a new high school in Sunset Park, Brooklyn.DealIndustrialBGO, Alliance Industrial Acquire 266K-SF FW WarehouseAug 28, 2026BGO and Alliance Industrial Company acquired Northwest Commerce Park Building 2. The 266,152-square-foot Class-A industrial property is located at 2765 Highway 114 in Fort Worth, Texas, and was acquired through a joint venture between the two firms.OfficeOffice Leads Pricing Gains as RCA CPPI Inches Up in July 2026Aug 28, 2026U.S. commercial property prices edged higher in July as the RCA CPPI US National All-Property Index posted its slowest annual gain since January 2025, MSCI Real Assets reported. The index increased 0.DevelopmentGrowing Taylor Lands Mixed-Use ProjectAug 28, 2026Metropolitan Development Company (MDC) started construction on The Ferguson, a mixed-use residential and retail community space in the rapidly expanding city of Taylor. Located at 1300 W.IT Services Company Spending $45M on Mesa HQAug 28, 2026The Mesa Planning & Zoning Board okayed ER2’s application for a new headquarters at the corner of McDowell and Greenfield roads.Representative imageLendingPartnership Refinances 408-Unit Multifamily Property in Princeton, TexasAug 28, 2026PRINCETON, TEXAS — A partnership between Core Spaces and Harrison Street Asset Management has refinanced a 408-unit multifamily property in Princeton, about 45 miles northeast of Dallas. The loan amount was not disclosed.DealMarcus & Millichap Brokers Sale of 316-Unit Apartment Complex in Fort WorthAug 28, 2026FORT WORTH, TEXAS — Marcus & Millichap has brokered the sale of Trinity Heights, a 316-unit apartment complex in Fort Worth.Representative imageLendingIndustrialJLL Arranges Loan for Refinancing of Industrial Complex in San Marcos, TexasAug 28, 2026SAN MARCOS, TEXAS — JLL has arranged a bridge loan of an undisclosed amount for the refinancing of Clovis Crossing, a 213,125-square-foot industrial complex in San Marcos, located roughly midway between Austin and San Antonio.