More Net Lease Stories
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Latest Atlanta & Southeast Net Lease Stories
The Hollingsworth Companies has signed a new tenant Crossville Inc. at Huntington Business Park in Loudon, TN. Crossville, which specializes in manufacturing porcelain stone, glass, and natural stone tile for residential and commercial use, leased a new 130,424-square-foot industrial distribution facility. “Being centrally located within our distribution footprint, proximity to our primary manufacturing facilities, and …
Cushman & Wakefield has arranged a new long-term 234,200-square-foot lease for acoustic and thermal management company NVH Korea at Gardner Logistics Park in Locust Grove, GA. NVH Korea’s lease makes them the sixth major tenant for the park, which is located at 381 Davis Lake Rd. Building 2, which will be fully occupied by NVH …
Latest Boston & New England Net Lease Stories
JLL Capital Markets arranged Credit Tenant Lease (CTL) financing for the development of a 200,000-square-foot, purpose-built laboratory and training facility for the Massachusetts State Police in Marlborough, MA. Senior managing director Brett Paulsrud and managing directors Andrew Gray and Michael George worked on behalf of the borrower, Greatland Realty Partners and its investment partners, to place the CTL loan directly …
Newmark arranged the $32,150,000 sale of 485 Arsenal St., a flagship medical office complex located just west of Boston/Cambridge in Watertown, MA. The 52,847-square-foot asset, which is fully leased on a long-term basis to Atrius Health, traded from Boylston Properties and institutional investors advised by J.P. Morgan Asset Management to JLL Income Property Trust. Connect CRE reported …
Latest California Net Lease Stories
Marcus & Millichap said Thursday that Thomas Gorman has been appointed senior managing director and leader of its national net lease division. In the newly created role, Gorman will oversee the ongoing growth of the national net lease division, partner with agents to strengthen existing industry relationships, and untap strategic growth opportunities. “Thomas is a proven leader and accomplished …
Hanley Investment Group Real Estate Advisors completed the $5-million sale of a 7‑Eleven-occupied convenience store and gas station in Clovis. Within the past 12 months, Hanley has closed more than $60 million in corporate convenience store and gas station deals across California. VP Jacob Fahner and EVP Jeremy McChesney represented a Los Angeles–based private investor in the …
Latest Chicago & Midwest Net Lease Stories
Colliers closed a $76.725-million acquisition loan on behalf of Four Springs TEN31 Xchange to acquire a 1.1-million-square-foot industrial building fully leased to Ford Motor Company on a long-term basis. EVP Jeremy Thornton, SVPs Nicole Sayers and Andrew Gibson and VP Lauren Smyle sourced the financing. FSXchange has successfully syndicated more than $840 million of net-leased …
A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties and Harbert US Real Estate, an investment strategy sponsored by Harbert Management Corporation, has acquired a 64,340-square-foot, single-tenant light industrial building at 9999 Virginia Avenue in Chicago Ridge, Illinois. Jimena Sayavedra, Jack Cozzie, and Elise Couston from Newmark were the sole brokers …
Latest Florida & Gulf Coast Net Lease Stories
McCoy Field Logistics Center, a new industrial development by Brookfield Properties at 88 W Taft Vineland Rd. in Orlando is now fully leased. Local construction company NEFCO signed a lease for 83,082 square feet of space in Building 100, while Evolution Electric Vehicles will occupy Building 200, plus 71,210 square feet of space in Building …
SRS Real Estate Partners’ most recent sale of a retail property occupied by a cannabis dispensary in Panama City has brought the company a 30% market share for sold cannabis retail in FL. The firm has brokered FL cannabis properties valued at just under $50 million. According to SRS Real Estate Partners, investors are drawn …
Latest Global Net Lease Stories
Global Net Lease, Inc. (GNL) has entered into an agreement to sell the McLaren Campus, a three-building, 840,000-square-foot property located in Woking, Surrey, England, for £250 million (approximately US$333 million) at a 7.4% cash cap rate. The buyer was not disclosed. GNL acquired the McLaren Campus – comprising the McLaren Technology Centre, Production Centre and …
Net lease REIT W. P. Carey Inc. (WPC) completed the $61-million sale-leaseback of six industrial facilities in Mexico. Totaling 670,000 square feet, the portfolio is net-leased to AeriTek, a leading designer, manufacturer and distributor of commercial refrigeration and foodservice equipment. The portfolio includes AeriTek’s most profitable manufacturing facilities and contains the only plants serving the …
Latest National Net Lease Stories
Overall single-tenant net lease cap rates increased two basis points to 6.82% in the second quarter of 2026, The Boulder Group reported. Retail cap rates increased five bps to 6.60% and industrial cap rates increased 10 bps to 7.25%, while office cap rates remained unchanged at 7.90%, according to the Second Quarter Net Lease Research …
Realty Income Corporation and Cloud Capital said Wednesday they have formed a joint venture with a global institutional investor to invest in a diversified portfolio of stabilized hyperscale assets. The JV has committed to acquire three data center assets, with the seed portfolio valued at more than $6 billion. “The combination of high-quality data center …
Latest New York & Tri-State Net Lease Stories
Net lease real estate advisory and investment platform SURMOUNT has completed a $13-million sale of a Chase Bank branch located at 1295 Madison Ave. in the Carnegie Hill neighborhood of Manhattan’s Upper East Side. The firm represented both buyer and seller. The 3,000-square-foot ground-floor bank branch traded at a 4.74% cap rate, or $4,300 per …
Marcus & Millichap finalized the sale of a net-leased bank property occupied by the headquarters and flagship branch of Ponce Bank, located at 2244 Westchester Ave. in the Bronx. The asset sold for $16,250,000. “This property drew tremendous interest as it was a true management-free NNN investment with annual increases,” said Steven Siegel of Marcus & …
Latest Phoenix & Southwest Net Lease Stories
In a positive, double-action market move, Viavi Software and Chandler, Ariz., are seeing a need for more space. Having recently relocated its main office from California to Arizona, Viavi now sees more square footage is necessary for its expanding footprint – both for personnel and to accommodate its production facility. Chandler, in parallel, is seeing …
Commercial properties are becoming scarce as more developers and investors are purchasing at record rates. Aside from the limited amount of property available, the due diligence period can take up to three months. But one company, Arizona Land Consulting (ALC), is providing off-market properties to 1031 exchange buyers by utilizing relationships. Founder Anita Verma-Lallian recently …
Latest Seattle & Northwest Net Lease Stories
B+E, an investment brokerage firm specializing in net lease real estate, announced the sale of a FedEx Ground distribution facility in Portland’s Swan Island Industrial Park for $32.5 million. The cap rate establishes the 2024 benchmark cap rate for FedEx. B+E represented the seller and procured the buyer, both family offices. “We’re excited to achieve …
Hanley Investment Group, a commercial real estate brokerage that specializes in retail, has crossed the $100 million threshold in the Pacific Northwest with the $2.8 million sale of a two-tenant retail property in Everett, WA. The firm’s Jeff Lefko and Bill Asher represented the seller, a SoCal-based private investor. The buyer, a Seattle-based private investor, …
Latest Texas Net Lease Stories
Net lease REIT Getty Realty Corp., which focuses on convenience and automotive retail real estate, said Monday it had closed a sale-leaseback transaction under which it acquired 12 convenience stores for $100 million. Simultaneously, it entered into a long-term, unitary net lease with a subsidiary of Now & Forever, a privately owned regional convenience store …
JLL Capital Markets announced today that it has closed the sale of and arranged acquisition financing for a 72,980-square-foot portfolio comprising three net-leased industrial properties in markets in and around Houston, TX. JLL marketed the portfolio for the seller, Finial Group. Houston-based NDP Interests, LLC, acquired the asset. Additionally, JLL worked on behalf of the …
Latest Washington DC & Mid-Atlantic Net Lease Stories
CBRE facilitated the sale of the University of Maryland Laurel Health & Wellness MOB, a 55,598-square-foot medical outpatient building (MOB) located at 7140 Contee Rd., Laurel, MD to UDLR Partners. The price was not disclosed. Chris Bodnar, Brannan Knott, Mindy Berman, Zack Holderman, Cole Reethof and Jesse Greshin of CBRE U.S. Healthcare Capital Markets partnered with Tim Connolly of CBRE’s Bethesda, MD leasing team to act as the …
Lee & Associates has executed a long-term lease agreement for ModCorr, LLC within the PNK Park Allenwood at Great Stream Commons Industrial Park located at 89 Enterprise Blvd in Allenwood, Pennysylvania. The tenant rep transaction, with Lee & Associates’ Principals Joel Kreider, SIOR, and Ed Skonecki, marks a significant expansion for ModCorr, providing 252,282 square …


























