Net lease news – page 87

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TenantsLaTerra Development, Revitate Open 344-Unit Build-to-Rent Community in AlbuquerqueAug 18, 2026ALBUQUERQUE, N.M. —LaTerra Development, in partnership with Revitate, has opened The Charlie ABQ, a 344-unit build-to-rent community in Albuquerque.Representative imageDealCentersUnited Properties Corp. Buys Shopping Center in Horseheads, New York for $13.5MAug 18, 2026HORSEHEADS, N.Y. — New York-based investment firm United Properties Corp. has purchased Southern Tier Crossing, an 84,000-square-foot shopping center in Horseheads, located in the southern-central part of the state. The sales price was $13.5 million.LendingPrinceton Developer Obtains Financing for Phase III of 374-Unit Rental CommunityAug 18, 2026Aconcagua Group obtained a $35 million construction loan for the third and final phase of development for Casa Princeton, a multifamily residential community located at 12867 SW 248th Street in Princeton, Florida. S3 Capital provided the loan.Representative imageLendingCentersCBRE Arranges $45.8M Loan for Refinancing of Retail Center in Scottsdale, ArizonaAug 18, 2026SCOTTSDALE, ARIZ. — CBRE has arranged a $45.8 million loan for the refinancing of Scottsdale Towne Center, a retail center located at 15444 N. Frank Lloyd Wright Blvd.LendingIndustrialPortman to Add 714K-SF Houston Warehouse Project to Growing Industrial PortfolioAug 18, 2026Portman closed on the land and construction loan for Gateway 1960, a three-building, Class-A industrial park encompassing 714,233 square feet in Houston. The closings pave the way for development, which will begin this month. Portman will deliver Gateway 1960 in Q3 2027.Representative imageTenantsGGP Signs Leases with Four New Retail Tenants at Ala Moana Center in HonoluluAug 18, 2026HONOLULU — GGP has signed leases with four new tenants at Ala Moana Center, a 2.4 million-square-foot open-air center located in Honolulu. Kaikoa Gallery, NARA and POP MART are set to open this month.Representative imageDealTerraCRG Negotiates $8.6M Sale of Brooklyn Retail BuildingAug 18, 2026NEW YORK CITY — Local brokerage firm TerraCRG has arranged the $8.6 million sale of a multi-level retail building in the Williamsburg area of Brooklyn. The building at 76 Ainslie St., which according to LoopNet Inc.Representative imageDealNew York City’s Next Multifamily Shortage? Buildings to Buy.Aug 18, 2026For years, nearly every conversation about New York City multifamily has centered around one shortage: housing. We don’t have enough apartments. We don’t build fast enough.Representative imageCentersAtrium Launches AI Platform, Tracking $1.3T of U.S. Data Center Development CreditAug 18, 2026The data center marketplace keeps growing, and one analytics firm has tracked where all $1.3 trillion of identifiable debt powering this development boom of nearly 4,300 U.S. data centers has come from — and where it is going.CentersOceanwide Buyers Want Tax Incentives For 184-Room HotelAug 17, 2026The Oceanwide Plaza buyers are hoping for city tax incentives as they build out the stalled hotel, residential and retail project.IndustrialFake-Plant Maker Shuttering Hialeah Warehouse, Moving To LakelandAug 17, 2026Nearly Natural plans to lay off 60 employees and move to Lakeland.TenantsCentersCorpay’s Cross-Border Business Leases Prebuilt at Rudin’s 560 LexingtonAug 17, 2026Rudin announced a new 11-year office lease with Corpay, Inc.’s. Cross-Border business at 560 Lexington Ave., its 22-story office tower in the Plaza District.DealMarcus & Millichap’s Azzi Group Closes Value-Add Sale of West Hollywood MultifamilyAug 17, 2026Marcus & Millichap closed the sale of 1203 N. Kings Road, a 30-unit multifamily property in West Hollywood. The property sold for $7.98 million, or $266,000 per unit.LendingGroceryNorthmarq Arranges $75M Acquisition Loan for Grocery-Anchored Queens CenterAug 17, 2026Northmarq’s New York Debt + Equity team led by Robert Delitsky and Keith Braddish arranged a $75-million loan for the acquisition and redevelopment of Whitestone Shopping Center, a 119,584-square-foot grocery-anchored shopping center located at 153-17 Cross Island Pkwy.DealAutoSRS Arranges Sale of Newly Built Caliber Collision PropertyAug 17, 2026SRS Real Estate Partners has completed the $5.24-million sale of a Caliber Collision property located at 742 Main Street in Chula Vista. The 16,832-square-foot property recently completed construction and has a 15-year corporate-guaranteed absolute triple net lease in place.TenantsNAI Hanson Tapped to Lease former Barnes & Noble HeadquartersAug 17, 2026NAI James E. Hanson announced that SVPs W. Joshua Levering, SIOR, and Charles Laginestra, and associate Chris D’Andrea, have been tapped by First National Realty Management, LLC, as the exclusive leasing team for 120 Mountainview Blvd. in Basking Ridge, NJ.DealOfficeJudge Approves $70M Sale Of Philly's Largest Office ComplexAug 17, 2026The court ruling greenlights the $70M Centre Square sale for redevelopment by Adler and PMC ahead of an Oct. 16 deadline.Representative imageLendingStarwood Lands $483M CMBS Loan to Refi Single-Family Rental PortfolioAug 17, 2026Barry Sternlicht’s Starwood Asset Management secured a $482.5 million commercial mortgage-backed securities (CMBS) loan to refinance a nearly full single-family rental portfolio located across 10 states.TenantsIndustrialBig-Box Deals Push Chicago Industrial Leasing Into National Top 3Aug 17, 2026Chicago ranks third in the U.S. for large industrial leasing, with 9.4M SF of major leases signed in 2026.DealWrentham Village Adds to Extensive Lineup of Outlet Stores, Dining OptionsAug 17, 2026Wrentham Village Premium Outlets, New England’s largest outdoor outlet shopping destination, is expanding its portfolio of diverse brands, with HARIBO recently holding its grand opening. Arc’teryx Factory Outlet and Gong Cha will follow later this month.