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Net lease news – page 78
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Medical Outpatient Building Sales Surge in H1 2026Improving capital market conditions, expanding lender appetite and resilient operating fundamentals have driven a surge in medical outpatient building (MOB) investment sales activity, Cushman & Wakefield reported.
Associated Bank Provides $50.1M Construction Loan for Multifamily Project in Flower Mound, TexasFLOWER MOUND, TEXAS — Associated Bank has provided a $50.1 million construction loan for Aura Brookview, a 300-unit multifamily project in Flower Mound, located in the northern-central part of the metroplex.
CBRE Arranges Loan for Refinancing of 181-Unit Apartment Complex in San AntonioSAN ANTONIO — CBRE has arranged a loan of an undisclosed amount for the refinancing of a Citadel Urban, a 181-unit apartment complex in San Antonio’s Westover Hills submarket. Citadel Urban was completed in 2024 and consists of two three-story buildings on a 5.5-acre site.
Representative imageMarcus & Millichap Brokers Sale of 11,320 SF Retail Strip Center in Roanoke, TexasROANOKE, TEXAS — Marcus & Millichap has brokered the sale of an 11,320-square-foot retail strip center in Roanoke, located in North Texas’ Denton County.
Representative imageJet Engine Support Signs 19,800 SF Industrial Lease Renewal in Farmers Branch, TexasFARMERS BRANCH, TEXAS — Jet Engine Support Inc. has signed a 19,800-square-foot industrial lease renewal at 12901 Nicholson Road in the northern Dallas metro of Farmers Branch. According to LoopNet Inc., the building was completed in 1981. Keenan Cook of Mercer Co.
Representative imageAlterra IOS Acquires Metro Atlanta Portfolio Totaling 32 AcresATLANTA — Alterra IOS has acquired five industrial outdoor storage (IOS) properties totaling 146,700 square feet across 32 acres in metro Atlanta. Each site is located within industrial submarkets with access to major highways and transportation networks.
Portman, 908 Group Deliver 674-Bed Student Housing Community Near Florida State UniversityTALLAHASSEE, FLA. — Atlanta-based Portman and Tampa-based 908 Group, along with Canyon Partners Real Estate and PTM Partners, have opened The Hall, a 674-bed student housing community near Florida State University (FSU) in Tallahassee.
Genentech Tops Out $2B Holly Springs Manufacturing FacilityGenentech raised the final beam of its new manufacturing facility in Holly Springs, North Carolina, during a topping-out ceremony. The milestone reflects continued progress on Genentech’s approximately $2 billion investment in its first-ever East Coast manufacturing facility.
Representative imageCushman & Wakefield Arranges $131M Sale of Apartment Building in West Orange, New JerseyWEST ORANGE, N.J. — Cushman & Wakefield has arranged the $131 million sale of Edison Lofts, a 334-unit apartment building in West Orange, located in Northern New Jersey’s Essex County.
Marcus & Millichap Brokers Sale of Restaurant in New Smyrna Beach, Florida Leased to Wendy’sNEW SMYRNA BEACH, FLA. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a freestanding restaurant in New Smyrna Beach, about 14 miles south of Daytona Beach.
Club Studio to Co-Anchor $450M Mixed-Use Development in Frederick, MarylandFREDERICK, MD. — Greenberg Gibbons has signed a lease with Club Studio at Frederick Brickworks, a $450 million, 65-acre mixed-use destination in Frederick, roughly 50 miles northwest of Baltimore.
Representative imageAtlantic Capital Partners Negotiates $20.5M Sale of Shopping Center in Warwick, Rhode IslandWARWICK, R.I. — Regional brokerage firm Atlantic Capital Partners has negotiated the $20.5 million sale of Midland Commons, a 160,448-square-foot shopping center located just south of Providence in Warwick.
Representative imageEquus Capital Sells Surgical Center in Chalfont, Pennsylvania for $12MCHALFONT, PA. — An affiliate of local owner-operator Equus Capital Partners has sold a 52,622-square-foot surgical center in Chalfont, about 30 miles north of Philadelphia, for $12 million.
Representative imageShifting Fortunes for L.A.’s Ports Boost Surrounding Industrial Real EstatePorts are meant to offer protection from storms or rough seas. But nothing has been able to protect the ports of Los Angeles and Long Beach from the uncertainty and fluctuation of trade policy during President Donald Trump’s second term.
West Palm Beach Developer Buys Lot, Apartments on WayEstate Cos. bought a lot in West Palm Beach and plans to build the second phase of a two-phase apartment project. The S. Floirda Business Journal reports the company paid $13 million for a 1.19-acre lot at 411 West Railroad. The seller was Sunview Cos. Banesco USA provided an $8.
McDowell Starts Work on Hudson Age-Restricted, Affordable ApartmentsMcDowell Housing Partners closed on a construction loan and started work on Ekos at Bayonet Point II, the second phase of a three-phase master-planned community that will bring 360 affordable homes to Pasco County.
Representative imageRetail Landlords Need to Underwrite Their Tenants’ Customer Base, TooLandlords underwrite the retail tenant. But they almost never underwrite the tenant’s customer. They should. That gap costs landlords money, and it is fixable before a listing goes live.
Retail Regains Its Footing as Demand Returns and Supply Stays SoftAfter a soft first quarter, the retail sector regained positive momentum in Q2 as tenant demand returned, vacancies remained stable and new construction stayed limited.
Inflation Is Down. But Consumers Aren’t Out of the Woods YetThe Consumer Price Index (CPI) increased 3.4% year over year in July. Meanwhile, the core CPI, which excludes food and energy costs, rose 2.5%. Both measures fell slightly month over month.
T&E Development Buys West Chelsea Site for $34M From PPHE Hotel GroupA development site in Manhattan’s West Chelsea area previously conceived for hotel and luxury residences in 2019 by an international hospitality firm is now poised for a new residential journey.