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Net lease news – page 76
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Morehouse, Atrium Health Advancing $700M Hospital ProjectMorehouse School of Medicine and Atrium Health are moving forward with plans for a new teaching hospital at 675 Metropolitan Parkway SW, which will include a network of primary, urgent and specialty care designed to reach communities across Central and South Fulton County.
Marcus & Millichap Arranges Sale of Two Louisiana Multifamily Properties Totaling 462 UnitsBATON ROUGE AND NATCHITOCHES, LA. — Marcus & Millichap has arranged the sale of two multifamily properties totaling 462 units in Louisiana: Magnolia Trace in Baton Rouge and The Melrose in Natchitoches.
Foundry Commercial Negotiates Sale of 104,897 SF Office Complex in St. Petersburg, FloridaST. PETERSBURG, FLA. — Foundry Commercial has negotiated the sale of Castille at Carillon, a two-building office complex located at 400 and 450 Carillon Parkway in St. Petersburg, a suburb of Tampa.
Integra Investments, City of North Miami Begin Preleasing for 342-Unit Mixed-Income Apartment ComplexNORTH MIAMI, FLA — Integra Investments, in partnership with the City of North Miami Community Redevelopment Agency (CRA), has begun preleasing for Lakeview at Nomi, a 342-unit mixed-income apartment complex located in North Miami. Move-ins are expected to begin in November.
Representative imageGenentech to Invest $750M in Manufacturing Facility in Hillsboro, OregonHILLSBORO, ORE. — Genentech, a member of Swiss pharmaceutical company Roche Group, plans to invest $750 million in a new manufacturing facility at its 75-acre campus in Hillsboro.
Investor Team Scores $53.5M Refi on Doral Center OfficesBanyan Street Capital and Independencia Asset Management landed a $53.5 million loan for the refinancing of the Doral Center complex, located at the intersection of Doral Boulevard and NW 87th Avenue in Doral.
SRS Real Estate Partners Negotiates $41M Sale of Industrial Park in San Dimas, CaliforniaSAN DIMAS, CALIF. — SRS Real Estate Partners has negotiated the $41 million sale of San Dimas Commerce Center, a 19-building light industrial park at 410-490 W. Arrow Highway in San Dimas, located in the San Gabriel Valley area of Los Angeles County.
Gantry Arranges $24.4M Agency Permanent Loan for Colorado Springs Apartment BuildingCOLORADO SPRINGS, COLO. — Gantry has provided a $24.4 million Freddie Mac permanent loan for The Edison at Chapel Hills, an apartment building in Colorado Springs’ Briargate neighborhood.
Representative imageCircle Realty Secures 38K SF of New Leases at 14 Penn PlazaCircle Realty Group has closed on 37,600 square feet of new leases in Midtown, Commercial Observer has learned.
Demolition Underway On Hawthorne PlazaHawthorne Plaza, once a popular filming location, is being torn down due to nuisance property status.
Why Hines Is Restarting Its Development EngineHines pivots toward development as real estate investment volumes falter, seeking profit in scarcity-driven markets.
Representative imageSunday Summary: Who’s Funding $1.3 Trillion in Data Center Spending?Pluck your average Commercial Observer journalist off the street, shove them in a van, shine a flashlight in their eyes, and say, “Quick — what’s the biggest story in commercial real estate?” nine reporters out of 10 will answer: “Data centers.” At least that’s the case in 2026…
Zimmet Law Group Signs 10-Year Lease for 515 Madison Ave.GFP Real Estate announced that Zimmet Law Group P.C. has signed a new office lease for 5,476 square feet at 515 Madison Ave. in Manhattan’s Plaza District.
Avison Young Recapitalization Provides “War Chest” for Further GrowthAvison Young’s newly announced recapitalization does more than deleverage the company’s balance sheet debt-to-EBITDA ratio to less than 3x, reduce debt and preferred equity by nearly 70% and give key financial partners a common equity position, although it accomplishes all of…
Power Availability Becomes New Requirement For Shifting Bay Area Industrial BasePower-ready spaces are transforming Bay Area industrial requirements amid demand from AI and robotics tenants for high-energy facilities.
Local Owner-Operator Snags Pico-Robertson Apartment PropertyMarcus & Millichap closed the sale of 1476 S Shenandoah St., a 16-unit multifamily property in Los Angeles. The property sold for $5.3 million, or $334,937 per unit.
Grocery-Anchored Queens Retail Secures $32M FinancingNorthmarq’s New York Metro Debt + Equity team, led by Robert Delitsky and Charles Cotsalas, arranged $32 million in financing for Springnex Plaza, a 96,028-square-foot retail property located in the Springfield Gardens neighborhood of Queens.
Brixton Capital Launches Multifamily Investment-Management PlatformBrixton Capital’s Residential division has launched an integrated multifamily investment-management initiative designed to help institutional investors, family offices, lenders, joint venture partners and other owners improve the performance and value of complex multifamily…
After Departing Trump Admin, HUD's Former Philly Head Joins Local Planning CommissionRobert Ford pivoted from leading HUD's Philadelphia region to working as a real estate agent and football coach, and he is now serving as a planning official.
JLL Arranges 80K SF of Leases at Repositioned Former Siemens BuildingJLL has completed approximately 80,000 square feet of new leasing on behalf of Argent Ventures at 170 Wood Ave. in Iselin, NJ.