Net lease news – page 9

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TenantsIndustrialBankrupt Pennsylvania City Gets Nearly $100M Injection, But Visions For Revitalization DivergeSep 28, 2026There is disagreement over whether industrial or mixed-use should be prioritized in efforts to revitalize bankrupt Chester.Podcast: Automating CRE Accounts Payable Coding, with PredictAP CEO David StifterSep 28, 2026David Stifter has spent more than two decades at the intersection of real estate, technology, and finance.DealOfficeBasin Street Adds 113K SF To North Bay CRE Portfolio: The San Francisco Deal SheetSep 28, 2026Basin Street boosted its North Bay CRE portfolio with 113K SF in San Rafael, enhancing its footprint through two value-added office investments.DealLong Island City Commercial Building Changes Hands for $6MSep 28, 2026A local developer has purchased a commercial unit in Long Island City for $6.1 million, or approximately $407 per buildable square foot, with plans to redevelop the building into high-end condos. Marcus & Millichap negotiated the sale of the now-vacant property at 49-03 Fifth St.DealMarcus & Millichap Arranges Sale of 206-Unit Indiana MF PropertySep 28, 2026Marcus & Millichap announced the sale of Shoaff Park Villas, a 206-unit multifamily property in Fort Wayne, Indiana.DealBecovic Residential Acquires Historic Andersonville PropertySep 28, 2026Becovic Residential has acquired the historic mixed-use property at 5154 N. Clark Street for $20 million and is introducing it under its new name, The Quarters at Andersonville.Mixed Use Development Advances in Ann ArborSep 28, 2026Oxford Companies and Crawford Hoying announced that Arbor South, a 20-acre mixed-use community, has received final state approval from the Michigan Strategic Fund Board. Located at 2845 S.DealOfficeVintage San Francisco Office Properties Trade HandsSep 28, 2026Seven Equity Group acquired 875 and 899 Howard, a two-building office property totaling roughly 280,000 square feet in downtown San Francisco, for $65.5 million. Commercial Search reports that Genesis Capital Group originated a $51 million acquisition loan.DevelopmentReport: Puget Sound Multifamily Pipeline Undergoing ResetSep 28, 2026The Puget Sound development pipeline is seeing a significant reset, with a meaningful number of developers formally shelving projects rather than continuing to extend timelines and hold entitlements while waiting for market conditions to improve.LendingOfficeInvestor Duo Obtains $270M Refi on 387K-SF Culver City Office PropertySep 28, 2026Blackstone and LBA Realty are ready to close on a $270 million CMBS refinancing for One Culver, an 8-story office building in Culver City, a town teeming with prominent companies. The 378,377-square-foot office property is near Apple’s 536,000-square-foot office building.LendingNorthmarq Lends $19M for 154-Unit Multifamily Property in PennsylvaniaSep 28, 2026Northmarq’s Philadelphia Debt + Equity team, led by John Banas and Kris Wood, along with David Singer and Jeff Steigerwalt, has lent $19.1 million for the refinancing of Dover Run Apartments located at 2670 Springhouse Bend in Dover, Pennsylvania.DealIndustrialBlackstone Buys Power-Rich Sunnyvale Nvidia PlantSep 28, 2026Blackstone bought a 134,000-square-foot manufacturing plant in Sunnyvale for $95 million. Nvidia is a tenant in the building and will stay where they are. The property at 350 Cobalt Way was built in 1978 and upgraded in 2022. SFF Realty Partners was the seller.TenantsOfficeDutch Coworking Company Opening First U.S. Location In Downtown LASep 28, 2026Amsterdam's infinitSpace will launch a new flexible office space in Downtown LA, but it plans a handful of other spaces across the country.Representative imageOfficePrivate Equity Firm Sentinel Capital Expands to 35K SF at One VanderbiltSep 28, 2026Private equity firm Sentinel Capital Partners has expanded to 34,737 square feet at One Vanderbilt. The deal gives Sentinel an additional 7,134 square feet of office space on a portion of the tower’s 54th floor, according to a Monday announcement by landlord SL Green Realty.Development500-Unit Mixed-Use Project Wins Rezoning Approval Near RaleighSep 28, 2026The Cary Town Council approves rezoning for up to a 625-unit development with offices and retail, boosting the Raleigh-Durham market.TenantsOfficeHedge Fund Castle Hook Takes Penthouse Office at Related’s 625 Madison AvenueSep 28, 2026New York-based hedge fund manager Castle Hook Partners has landed the penthouse office lease at Related Companies’ upcoming 625 Madison Avenue tower.DealCentersElysee Investments Buys Shopping Center Near Waterford Business District for $28MSep 28, 2026Elysee Investments paid $28 million for a relatively new, fully leased shopping center near Miami’s Waterford Business District.DealGroceryBrixmor Property Group, Everview Partners Acquire Slate Grocery REIT for $2.34BSep 28, 2026One of the largest owners of shopping centers in the U.S. just got bigger.FIRST DRAFT LIVE: AI Has Arrived For CRE And Its Clients. Who Is Responsible For The Outcomes?Sep 28, 2026Understand deployment, outcome tracking and accountability for future adoption with JLL's Reeves Davis on First Draft Live.IRES Set For €727M Takeover By BaringsSep 28, 2026IRES recommends €727M Barings proposal, affecting Ireland's largest residential landlord.