Net lease news – page 94

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DealICE To Sell 3 Texas Warehouses After Detention Center Conversion Plan DissolvesAug 13, 2026The federal government is scrapping its El Paso warehouses plan as DHS pivots its strategy for detention facility capacity.Lending'We Messed Up With Rent Control': CRE Execs On MoCo's Multifamily HurdleAug 13, 2026Montgomery County's rent control law stifles new multifamily projects, necessitating creative financing solutions.Fabletics To Add 25 New U.S. StorefrontsAug 13, 2026Fabletics aims to double revenue in part by expanding its U.S. retail footprint within the next 12 months.Trump Jr.-Backed Firm Launches Fund To Target $8B In Sun Belt Real Estate DealsAug 13, 2026Donald Trump Jr.-backed 1789 Capital aims to invest billions in Sun Belt real estate with partner Easton Street.Representative imageLendingFortress Refinances Dania Design Center With $45M After Foreclosure FightAug 13, 2026Fortress Investment Group has refinanced the Design Center of the Americas in Dania Beach, Fla., following a nasty foreclosure fight with its previous owner, New York-based billionaire Charles Cohen.DealIndustrialKeystone Equities Provides $61M Acquisition Debt for IOS Repositioning Site in NewarkAug 13, 2026KS Group has secured $60.5 million in acquisition debt to buy a 51-acre industrial site in Newark, N.J., that will be repositioned as an industrial outdoor storage property, Commercial Observer can first report.TenantsCentersZimmet Law Group Relocates to 5K SF at GFP’s 515 Madison AvenueAug 13, 2026Zimmet Law Group is relocating its practice inside Manhattan’s Plaza District. Zimmet signed a 5,476-square-foot lease for a newly completed space inside GFP Real Estate’s 515 Madison Avenue, also known as the DuMont Building.TenantsCentersREPORT: JLL In Talks To Relocate Global HeadquartersAug 13, 2026JLL is in talks to move its headquarters to 100 N. Riverside Plaza. It's evaluating lease options.Representative imageDealSixth Street Acquires Iconic Pier House Hotel in Key West for $190MAug 13, 2026An iconic luxury hotel in Key West, Fla., is changing hands.DevelopmentHeights Advisors Files Plans to Build 606 Affordable Units in the BronxAug 13, 2026Heights Advisors, a Brooklyn-based development and investment firm led by founder and president Rachel Foster, is planning to bring 606 affordable housing units to the Bronx’s Soundview neighborhood.DealCity of Mesa Advancing Marriott Hotel PlansAug 13, 2026The City of Mesa authorized the town’s city manager to negotiate a deal with a developer to construct a 5-story AC Hotel by Marriott on the northeast corner of Main Street and Centennial Way.Representative imageTenantsCentersMadewell To Open New Store at Tishman Speyer’s 1 Rockefeller PlazaAug 13, 2026Famed denim and clothing brand Madewell is opening a new store at Tishman Speyer’s 1 Rockefeller Plaza, the landlord announced Thursday. The retailer signed a 7,340-square-foot lease at the Midtown landmark, where its new space will open in 2027.TenantsIndustrialLogistics Plus Signs 744,452 SF Industrial Lease in Wilmer, TexasAug 13, 2026WILMER, TEXAS — Logistics Plus has signed a 744,452-square-foot industrial lease in the southern Dallas suburb of Wilmer.DealPorter Kyle Adds New 100-Unit BTR Community to East Valley PortfolioAug 13, 2026Porter Kyle, a Scottsdale-based Build-to-Rent (BTR) developer and general contractor, opened the doors to The Wayne, a 100-unit BTR townhome community in Chandler, Ariz.Representative imageDealCentersJLL Negotiates Sale of 291,958 SF Shopping Center in Paris, TexasAug 13, 2026PARIS, TEXAS — JLL has negotiated the sale of a 291,958-square-foot shopping center in Paris, about 100 miles northeast of Dallas. Paris Towne Center was built in 1976 and is home to tenants such as Aldi, Hobby Lobby, Ross Dress for Less, T.J.KKR Names Sam Caven, Marshall Nevins New Co-Heads of AcquisitionsAug 13, 2026KKR has appointed Sam Caven and Marshall Nevins co-heads of acquisitions for the Americas, Commercial Observer can first report. Nevins joins KKR from Blackstone, where he was a managing director, leading investments across multiple real estate strategies.Representative imageDevelopmentIndustrialClay Development Breaks Ground on 63,440 SF Spec Industrial Project in North HoustonAug 13, 2026HOUSTON — Local owner-operator Clay Development & Construction has broken ground on Kennedy Greens Distribution Center V, a 63,440-square-foot speculative industrial project in North Houston.Representative imageDealIndustrialZenith IOS Buys 7.6-Acre Facility in Tulsa, OklahomaAug 13, 2026TULSA, OKLA. — Zenith IOS (industrial outdoor storage) has purchased a 7.6-acre facility in Tulsa. The property at 15403 E. Skelly Drive houses a 26,900-square-foot building with six drive-through bays.TenantsQSRMotek Founders Sign NoMad Lease For New Offshoot RestaurantAug 13, 2026Happy Corner Hospitality has signed a lease in Manhattan’s NoMad neighborhood for an offshoot of their Motek concept.DealParkProperty Acquires 280-Unit Buckhead Apartment CommunityAug 13, 2026ParkProperty Capital acquired The Jane, a 280-unit multifamily in the Brookwood district of Atlanta, adjacent to Buckhead. The property was traded for $75 million. CWS Capital Partners was the seller.