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Net lease news – page 8
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PTM Lands $125M Financing for St. Pete Multifamily CommunityPTM Partners closed on a $125 million construction loan from GID to finance EDGE Collective II, a 330-unit Class AA multifamily high-rise including 19,000 square feet of retail space in downtown St. Petersburg’s EDGE District.
PCCP Provides $66.8M Construction Loan for Northern New Jersey Multifamily ProjectFAIR LAWN, N.J. — Los Angeles-based PCCP LLC has provided a $66.8 million senior construction loan for Plaza Greene, a 145-unit multifamily project that will be located in the Northern New Jersey community of Fair Lawn.
Representative imageJLL Negotiates Sale of 405-Unit Self-Storage Facility in Jefferson Valley, New YorkJEFFERSON VALLEY, N.Y. — JLL has negotiated the sale of a 405-unit self-storage facility in Jefferson Valley, about 50 miles north of New York City.
Representative imageRealterm to Develop Cargo Handling Facility at Harrisburg International AirportHARRISBURG, PA. — Realterm, a global investment manager focused on transit-oriented properties, will develop a cargo handling facility at Harrisburg International Airport that could ultimately have a footprint as big as 105,000 square feet.
Representative imageCoreWeave Signs 31,000 SF Office Lease Expansion in Livingston, New JerseyLIVINGSTON, N.J. — CoreWeave has signed a 31,000-square-foot office lease expansion at its headquarters facility in the Northern New Jersey community of Livingston. The cloud computing company now occupies 62,000 square feet at The Eisenhower, a 385,000-square-foot building.
JV Pays $220M for Alpharetta HotelCrescent Real Estate offloaded The Hotel at Avalon, a 330-Key Hotel in Alpharetta. Commercial Search reports that Endeavor Real Estate Group and Cox acquired The Hotel at Avalon for $220 million. Crescent has owned the since September 2020. The hotel debuted in 2018.
Victoria Industrial Acquires Seven-Building Portfolio in Northern Virginia for $75MSTERLING, HERNDON AND CHANTILLY, VA. — Victoria Industrial Properties, a real estate investment firm based in New Jersey, has acquired a seven-building industrial and flex portfolio in Northern Virginia’s Dulles Corridor for $75 million.
Representative imageRockpoint Purchases 1 MSF Industrial Campus in Chester, VirginiaCHESTER, VA. — Boston-based Rockpoint, along with affiliate firm Rockpoint Industrial, has acquired Richmond Trade Center, a 1 million-square-foot industrial campus in Chester, a southern suburb of Richmond. The seller and sales price were not disclosed.
JLL Arranges Sale of 270-Unit Apartment Community Near Myrtle BeachLITTLE RIVER, S.C. — JLL has arranged the sale of The Lorrel, a 270-unit, garden-style apartment community located at 3465 Sandler Blvd. in Little River, a suburb of Myrtle Beach.
TSCG Brokers $8.4M Sale of Publix-Anchored Shopping Center in Fort Walton Beach, FloridaFORT WALTON BEACH, FLA. — TSCG has brokered the $8.4 million sale of The Shoppes at Paradise Pointe, a Publix-anchored shopping center located at U.S. Highway 98 and Perry Avenue SE in Fort Walton Beach.
GID Acquires 524-Unit Griffis North Creek Multifamily Community in Bothell, WashingtonBOTHELL, WASH. — GID has purchased Griffis North Creek, a multifamily property in Bothell, from Griffis Residential for an undisclosed price.
Berkadia Negotiates $54.7M Sale of Sagecliff Apartment Community in RenoRENO, NEV. — Berkadia has directed the sale of Sagecliff, a multifamily property located at 2777 Northtowne Lane in Reno. A California-baed real estate investment firm sold the asset to a California-based private family office for $54.7 million.
Representative imageFaris Lee Investments Brokers $38.7M Sale of Two-Tenant Retail Property in Lakewood, CaliforniaLAKEWOOD, CALIF. — Faris Lee Investments has arranged the sale of a two-tenant retail property within Lakewood Center in Lakewood. A consortium of multiple owners sold the asset for $38.7 million to a high-net-worth family office.
Rising Rates, Construction Costs Force Developers to Get Creative With FinancingRising construction costs are slowing the flow of commercial real estate development in 2026 with developers often seeking innovative ways to bring their projects across the finish line.
Robotaxi Firms Quietly Growing Real Estate Footprint, Even Where They're Not Yet LegalThe amount of space robotaxi companies have leased in 2026 has exceeded the total of 2022 to 2025 combined, according to Cushman & Wakefield.
Plans Filed for 155-Unit Office-to-Apartment Conversion in BostonBoston continues to be a hub for office conversion enthusiasts, with Kendall Capital planning to convert a landmark office building in Boston’s Financial District into a 155-unit residential property.
Moishe Mana Drops $89M On Fort Lauderdale Office: The South Florida Deal SheetMoishe Mana buys Fort Lauderdale office building for $89M, marking his first venture in Broward County.
Growing Biotech Firm Leases 33K SF in New HavenBiotech firm Invivyd is more than tripling its headquarters space in downtown New Haven, CT by signing a long-term lease for about 33,000 square feet at a landmark building neighboring Yale University. The transaction was reported by Hartford Business Journal.
Hotel Industry Sees Record-High Increases In RevPAR, ADRThe U.S. hotel industry is seeing a broad recovery, with year-over-year increases in revenue and room rates.
Downtown Office Building Proposed For 155-Unit Residential ConversionKendall Capital proposed a 155-unit office conversion for a Brutalist office building in downtown Boston.