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Net lease news – page 83
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Miami Design District Owners Land $125M to Build Mixed-Use BuildingA joint venture led by the owners of the Miami Design District has secured $125 million in debt to add a mixed-use building designed by world-renowned Snøhetta within the luxury, open-air mall, property records show.
Burlington Takes 44K SF at Bay Ridge Retail Center DevelopmentOff-price retailer Burlington has inked a 44,070-square-foot retail lease at Century Marketplace, a new retail development coming to 458 86th Street in Bay Ridge, Brooklyn, developer MCB Real Estate announced Tuesday.
Creation, Crow Holdings Building 700K-SF Avondale Warehouse FacilityCreation in partnership with a real estate fund advised by Crow Holdings Capital, has begun construction on Avondale Tech Center, a three-building Class-A industrial campus spanning 38 acres and totaling approximately 700,000 square feet.
Ashley's Frasers Sets £20B Real Estate Acquisition TargetFrasers Group plans to expand its property holdings to £20B, boosting its UK influence.
Oxford Properties Pays $435M For Boston Office Tower, Eyes More DealsOxford Properties acquires One Marina Park Drive for $435M, marking its first core office asset purchase in a decade.
Rent Concessions Dip As Fewer Apartments Come OnlineThe U.S. apartment market shifts in favor of landlords, with rent concessions dipping and vacancies under 9%.
Representative imageCBRE: U.S. and Canadian AI Jobs Grow 45% Year-Over-YearThe ranks of U.S. and Canadian tech talent skilled in artificial intelligence grew by 45% in the past year, with AI-related roles now accounting for nearly a third of U.S. tech-talent job listings and boosting office-leasing activity in top tech hubs, CBRE reported.
PCCP, RPM Pick Up 358-Unit Arlington Multifamily CommunityA joint venture between PCCP and RPM Living Investments has acquired Truman at Arlington Commons, a four-story multifamily community located at 505 E Lamar Boulevard in Arlington, TX. The property was developed and owned by The Nehemiah Company.
Urban Standard Capital Provides $27M Land Loan for 440-Unit Vail, Colo., ComplexAptitude Development has secured $26.5 million in financing to acquire 53 acres of land that will be the site of Edwards River Park, a 440-unit residential community split between affordable apartments and for-sale townhouses and condominiums in Vail, Colo., Commercial Observer…
Kidder Mathews Entering Dallas MarketKidder Mathews is expanding into Dallas, Texas, with the addition of six brokers. Mart Martindale, Brandon Beeson, Wilson Stafford, John David Cobb, and Claire Schmeltekopf form an investment sales team, while Barrett Jones joins as a healthcare tenant advisory specialist.
Knightvest Capital Acquires 1,027-Unit Round Rock Apartment PortfolioKnightvest Capital acquired the Silicon Hills portfolio, three communities totaling 1,027 units in Round Rock, Texas. Lynd Living was the seller of the three properties.
Oxford Properties Pays $435M for Fan Pier Office TowerToronto-based Oxford Properties Group said Wednesday it had acquired One Marina Park Drive, an 18-story Class A office tower located on Fan Pier in Boston’s Seaport District, from Clarion Partners for US$435 million.
Trammell Crow Building Phase II of 2M-SF Houston Industrial VentureTrammell Crow Company and joint venture partner Daiwa House Texas have broken ground on Phase II of Blue Ridge Commerce Center in Houston, Texas.
Investment Team Inks $125M Construction Loan for Miami Design District Office/Retail ProjectMiami Design District Associates and Raycliff Capital broke ground on an office/retail project in the Miami Design District. The S. Florida Business Journal reports that the group began work on the project soon after securing a $125 million construction loan.
Representative imageInvestors Are Gaining More Confidence in Office: SurveyInvestment appetite for office transactions is showing signs of a revival in 2026. Preference from commercial real estate investors for office transactions reached 11 percent in the second quarter.
CBRE Arranges $45.8 Million Loan for Refinancing of Scottsdale Towne CenterSCOTTSDALE, ARIZ. — CBRE has arranged a $45.8 million loan for the refinancing of Scottsdale Towne Center, a 168,090-square-foot power center located at 15444 N. Frank Lloyd Wright Blvd. in Scottsdale.
Representative imageCBL Properties Closes $50.6M Sale of York Town Center in PennsylvaniaYORK, PENN. — CBL Properties, along with its 50 percent joint venture partner, has sold York Town Center, an open-air regional retail center located in the southern Pennsylvania town of York for $50.6 million. The transaction was completed at an 8.5 percent capitalization rate.
Benderson Acquires Three Properties Totaling 400,000 SF in FloridaUNIVERSITY PARK, FLA. — Benderson Development has acquired three properties totaling 400,000 square feet along the west coast of Florida.
SRS Real Estate Partners Brokers $6.2M Sale of 31,086 SF Retail Property in Las VegasLAS VEGAS — SRS Real Estate Partners has brokered the $6.2 million sale of a 31,086-square-foot retail property located at 2420 E. Desert Inn Road in Las Vegas. The building, which is situated on 2.5 acres, has been occupied by Ross Dress for Less for more than 40 years.
Bank Capital’s Riskiest Bonds Are Pricing Like the SafestExecutive Summary Additional Tier 1, or AT1, bank bonds are trading at near-historic tight spreads despite their complex, loss-absorbing structures.