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Net lease news – page 69
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Seattle Private School Buys Site for Campus ExpansionCristo Rey Jesuit Seattle High School, a private high school in Seattle’s Rainier Beach neighborhood, has purchased a three-acre site for $3.6 million to accommodate more students. The school at 10001 57th Ave. S.
Bascom Refis Historic Apartments in LA’s Westlake DistrictThe Bascom Group, LLC has completed an $8.5-million refinancing of The Charleston Apartments, a 133-unit historic multifamily community located in the Westlake neighborhood of Los Angeles.
Law Firm Nutter Expands Tenancy at Durst’s 5 Grand Central EastThe Durst Organization said Wednesday that full-service law firm Nutter is expanding its office at 5 Grand Central East to 11,438 square feet. Nutter will take the entire 25th floor, in addition to renewing the existing office space on the 27th floor.
Report: Chicago’s Modern Big-Box Industrial Market Gains MomentumChicago’s modern big-box industrial market is experiencing a resurgence in leasing activity, with 9.1 million square feet leased in the first half of 2026, a 51% year-over-year increase from 6 million square feet in the same period in 2025, according to a recent report by…
CPC Mortgage Company Secures Financing for Michigan Workforce Housing ProjectCPC Mortgage Company, a subsidiary of The Community Preservation Corporation (CPC), has structured an $8.018 million permanent loan for Riverbend at Capital, a to-be-built 80-unit affordable and workforce housing community in Battle Creek, Michigan.
Fully Leased Temecula Retail Sells in 1031 ExchangeProgressive Real Estate Partners SVP Greg Bedell represented a private Los Angeles-based investor in the acquisition of an 8,781-square-foot multi-tenant retail building located at 32435 Temecula Pkwy. within Vail Ranch Plaza for $6,555,555.
NYCEDC Launches “Circular Construction Hub” Pilot in Sunset ParkNew York City Economic Development Corporation (NYCEDC) launched a year-long pilot of the Circular Construction Hub at MADE Bush Terminal in Sunset Park, Brooklyn.
Representative imageFor U.S. Life Sciences Real Estate, 2026 Is a Tale of StabilizationThe U.S. life sciences real estate market remains oversupplied, but improving funding conditions and a sharply reduced construction pipeline are beginning to set the stage for a recovery, according to Cushman & Wakefield. Asking rents at U.S.
Vanguard Inks Sale-Leaseback For Main Line Office: The Philadelphia Deal SheetVanguard sold its Wayne office but plans to stay. Also in the Deal Sheet, Uncle Giuseppe's is plotting its first Pennsylvania location in King of Prussia.
Berkadia Adds Experienced Multifamily Sales Team in BostonBerkadia has added senior managing Directors Kevin Gleason and Brendan Shields and director Maggie McFarland to its investment sales platform in Boston. Gleason, Shields and McFarland specialize in multifamily investment sales and capitalizations across the New England region.
AI Startup Thinking Machines Lab Takes 22K SF at 79 Fifth Avenue for First NYC OfficeArtificial intelligence research startup Thinking Machines Lab is coming to New York.
JV Acquires Value-Add Escondido MultifamilyInstitutional Property Advisors (IPA), a division of Marcus & Millichap serving the company’s institutional clients, closed the sale of Pacifica Palms Apartments, a 189-unit multifamily property in Escondido. The purchase price was $33.6 million.
$86M Sale Marks Phoenix's Largest Single-Building Office Deal Of 2026An LLC connected to Transwestern and C-III Capital Partners sold the building for $26M more than it paid in 2019.
Pizza Napoli to Open in 3K SF at 383 Fifth AvenueAs one pizzeria shuts down, another is growing in its place, Commercial Observer has learned.
Downtown Office Tower Secures $575M RefinancingThe owner landed a $575M refinancing from Morgan Stanley and Barclays for the office part of Winthrop Center, the world's largest Passive House office building.
'Liquidity Is Back': JLL Reports Increase In CRE Investor Competition Due To Strength Of Credit MarketsJLL reports surged investor demand in CRE due to strengthened credit markets.
Nonprofit Biohub, Software Firm Fundraise Up Lease 20K SF at 100-104 Fifth AvenueTwo nonprofit-related tenants are moving to an office just west of Manhattan’s Union Square.
Meridian Group-Led Venture Pays $67M For 5 Virginia Office BuildingsA $67M acquisition of a Chantilly office portfolio marks a new defense-oriented focus for The Meridian Group.
Queens’ Apartment Pipeline Shallowest in a Decade — But New Supply On the WayThe world’s borough might attract some new residents soon. There’s a multifamily squeeze in Queens as the rental market tightens amid a dip in new construction, according to new data from CoStar.
Citadel Care Centers Lands $51M to Build Nursing Facility Near AventuraCitadel Care Centers broke ground on a skilled nursing facility in North Miami Beach, Fla., after securing a $50.9 million loan, property records show.