Susan Ahlheit Promoted to Chief Operating Officer at TSCG as Bob Wordes Retires
As Bob Wordes plans his retirement from TSCG, also known as The Shopping Center Group, the firm is elevating two of its longtime executives.
Net lease news
Monday, October 19, 2026
Top stories
Invesco Sells Publix-Anchored Property for $90M After Nearly 35 Years
Hanley Investment Group Arranges Sale of Milwaukee Shopping Center
Rainier Cos. Disposes of 545,204 SF Summit Woods Crossing Shopping Center in Metro Kansas City
LEE’S SUMMIT, MO. — The Rainier Cos. has sold Summit Woods Crossing, a 545,204-square-foot shopping center in Lee’s Summit, about 20 miles southeast of Kansas City. Acquired by Rainier in May 2022, Summit Woods Crossing is located at the southwest corner of I-470 and U.S.
Midland Atlantic Underway on Grocery-Anchored Retail Property in Hebron, Kentucky
HEBRON, KY. — Midland Atlantic Properties is underway on construction of The Shoppes at Hebron Pointe, a 93,875-square-foot retail property located at the corner of Graves Road and Worldwide Boulevard in Hebron, about two miles south of Cincinnati/Northern Kentucky International…
MCB Real Estate Buys 81,272 SF Grocery-Anchored Shopping Center in Largo, Florida
LARGO, FLA. — MCB Real Estate has acquired Keene Plaza, an 81,272-square-foot shopping center located at 2150 E. Bay Drive in Largo, roughly 23 miles northeast of Tampa. The seller and sales price were not disclosed.
Lee & Associates Arranges $5M Acquisition Loan for Retail Strip Center in Rumford, Rhode Island
RUMFORD, R.I. — Lee & Associates has arranged a $5 million acquisition loan for a 13,000-square-foot retail strip center in Rumford, located northeast of Providence.
Deals
All deals →
CanTex Capital Acquires 18,535 SF Industrial Building in New Braunfels, Texas
NEW BRAUNFELS, TEXAS — Dallas-based investment firm CanTex Capital has acquired an 18,535-square-foot industrial building in New Braunfels, a northeastern suburb of San Antonio. According to LoopNet Inc., the single-tenant building at 7570 I-35 was completed in 2023.
Berkeley Caliber Collision Sells with Long-Term Upside
Marcus & Millichap closed the sale of a 17,104-square-foot, triple-net-leased Caliber Collision property in Berkeley. The property sold for $5 million, or $292.33 per square foot.
JLL Arranges $20M Sale of Fully Leased 107K-SF Retail Center in Ohio
JLL arranged the $20.55 million sale of Hilliard Rome Commons, a 106,922-square-foot power center located at 1710 Hilliard Rome Road in Hilliard, Ohio. JLL represented the seller, RCG Ventures, LLC, in the transaction. CASTO acquired the asset.
Atlantic Capital Partners Brokers $18.2M Sale of Shopping Center in Dalton, Georgia
DALTON, GA. — Atlantic Capital Partners has brokered the $18.2 million sale of Walnut Square, a 127,391-square-foot, newly constructed shopping center in Dalton, a North Georgia city near the Tennessee border.
Tenants & leasing
All tenants & leasing →
Two New Retail Tenants Open at Dadeland Station in Miami
MIAMI — Two new anchor retail tenants have opened at Dadeland Station, a 350,000-square-foot, three-level retail power center located in Miami, just east of the Dadeland Mall. Burlington opened in August, followed by Marshalls in September.
Burlington Stores Inks 32K SF at Brooklyn Navy Yard’s Admirals Row Campus
Burlington Stores is coming to the Brooklyn Navy Yard. The retailer formerly known as Burlington Coat Factory signed a 31,717-square-foot retail lease at 25 Navy Street, according to city records filed Tuesday evening.
Dhanani Private Equity Group Welcomes New Tenants to San Antonio Shopping Center
SAN ANTONIO — Dhanani Private Equity Group, a Houston-based owner-operator, has welcomed several new tenants to the 635,000-square-foot Park North Shopping Center in San Antonio.
Connolly Unveils First Wave of Tenants at Publix-Anchored Shopping Center in Metro Atlanta
WOODSTOCK, GA. — Connolly has unveiled its first wave of tenants at Woodstock Mill District, a 118,000-square-foot shopping center underway in downtown Woodstock, roughly 30 miles northwest of Atlanta.
Rates & lending
All rates & lending →
PNC Lends $96M for Hawaii Retail Portfolio Acquisition
Aloha to permanent financing. 11North Partners has landed $96 million of acquisition debt for the purchase of a two-asset grocery-anchored retail portfolio in Lahaina, Hawaii, on the island of Maui.
Largo Capital Places $24M Permanent Loan for Buffalo Industrial Property
BUFFALO, N.Y. — Locally based financial intermediary Largo Capital has placed a $24 million permanent loan for a 300,000-square-foot industrial property in Buffalo.
Wells Fargo Supplies $456M Refi for Family Dollar’s Distribution Center Portfolio
The owners of Family Dollar have secured $455.7 million to refinance existing loans on its 7.1 million-square-foot portfolio of leased distribution centers, Commercial Observer has learned.
Fall 2026: The Great Yield Divergence — Why NNN Buyers Have the Upper Hand
Updated Sept 30: the Fed raised rates to 3.75–4.00% on Sept 16 and the 10-year Treasury has climbed to 5.26%. NNN cap rates averaged 6.82% in Q2 (Boulder Group). What higher-for-longer means for the buying window, based on Q2/Q3 2026 deals.
1031 & tax
All 1031 & tax →
SRS Closes 1031 Deal for New-Construction Chick-fil-A
SRS Real Estate Partners completed the $4.72-million ground lease sale of a Chick-fil-A property located at 560 W. Shaw Ave. in Clovis. Situated on 2.19 acres, the 4,847-square-foot property was developed in 2026 and has a 15-year, absolute triple net ground lease in place.
1031 Deadline Means Fast Closing on Lynwood Retail Center
Hanley Investment Group Real Estate Advisors represented the buyer in the acquisition of a Walgreens‑anchored, 39,146‑square‑foot center located at 10901–10927 Atlantic Ave. and 4351 E. Imperial Hwy.
Fully Leased Temecula Retail Sells in 1031 Exchange
Progressive Real Estate Partners SVP Greg Bedell represented a private Los Angeles-based investor in the acquisition of an 8,781-square-foot multi-tenant retail building located at 32435 Temecula Pkwy. within Vail Ranch Plaza for $6,555,555.
ARCTRUST Acquires Seven Triple-Net Properties for DST Offering
ARCTRUST Private Capital acquired a seven-property, single-tenant net lease portfolio comprised of two Pinnacle Bank locations, three CVS Pharmacy locations and two NAPA Auto Parts locations across six states.
Development
All development →
New-Construction Vista Strip Center Goes to Institutional Buyer
JLL Capital Markets completed the sale of Sunroad Plaza, a 23,540-square-foot retail center at 485 Hacienda Dr. in Vista. The price was not disclosed.
Whole Foods-Anchored Retail Nears Construction: The Houston Deal Sheet
This week in commercial real estate news, Dunham Pointe retail with Whole Foods breaks ground soon, 180K SF of new leasing at a Spring office building and more.
GBT Realty to Develop 300,000 SF Retail Center in Gallatin, Tennessee
GALLATIN, TENN. — GBT Realty Corp. plans to develop The Crossroads of Gallatin, a nearly 300,000-square-foot shopping center located in Gallatin, a middle Tennessee city approximately 30 miles northeast of Nashville.
Construction Starts on Whole Foods-Anchored District at Black Rock in Collegeville
Hightop Development has broken ground on a 28-acre Montgomery County mixed-use center that is 89% preleased to Whole Foods and other national retail tenants.
10-year Treasury
5.10%▲ 110 bps
Oct 15, 2026 · FRED DGS10 · End-of-day, not a live quote
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
The Boulder Group Net Lease Research Report, Q2 2026 · Jun 30, 2026. Gold ticks mark the prior quarter when that change is stored.
NNN Numbers
Rates and sourcesWeekly market figures. Each number keeps the date and source it was saved with.
| Property type | Relative level | Cap rate | Change |
|---|---|---|---|
| NNN median ask (Boulder, Q2 2026) | 6.82% | +2 bps | |
| Retail cap | 6.60% | +5 bps | |
| Industrial cap | 7.25% | +10 bps |
The Boulder Group Net Lease Research Report, Q2 2026 (published Jun 30, 2026). Quarterly.
10Y Treasury
5.10%
-9 bps vs Oct 14, 2026
2Y Treasury
4.77%
-5 bps vs Oct 14, 2026
Fed funds
3.88%
0 bps vs Oct 14, 2026
30Y mortgage
7.40%
0 bps vs Oct 8, 2026
Baa spread
272 bps
+3 bps vs Aug 1, 2026
Spread vs 10Y
172 bps
Deal Sheet
All sourced deals$69.1M
Connect CRE$5M
Connect CRE$20M
Connect CRE$87M
Connect CRE$12.8M
Connect CRE$90M
Connect CRE
News by sector
Sector pagesCalculators
All 23 calculators →Cap RateDetermine capitalization rate from NOI and property value.NOICalculate net operating income from revenue and operating expenses.Cash-on-CashCalculate the annual return on cash invested in a property.DSCRDetermine the debt service coverage ratio for loan qualification.IRREstimate the internal rate of return over the hold period.Loan PaymentCalculate monthly mortgage payments including principal and interest.Loan-to-ValueCalculate LTV to see leverage and loan eligibility.Rent EscalationProject future rent payments with annual escalation rates.
Partner toolScreen a full deal with ScoreOMPull the numbers out of an offering memorandum.CRE Learning Center
View all →
NNN InvestingNNN Investment Strategy for Individual Investors
You don't need institutional capital to build a profitable NNN portfolio. This guide covers entry strategies, portfolio construction, financing, and scaling for investors deploying $200K to $5M.
15 min read
NNN InvestingSale-Leaseback Transactions Explained: How NNN Investors Benefit
Sale-leasebacks let businesses unlock real estate equity while investors acquire properties with built-in tenants. Here's how the structure works, who uses it, and what investors should watch for.
13 min read
NNN InvestingHow to Find and Buy NNN Properties: A Step-by-Step Guide
Finding quality NNN deals means knowing where to look, how to underwrite them, and when to walk away. This guide covers the full acquisition process from sourcing to closing.
14 min read
NNN InvestingWhat Is a Triple Net Lease? The Complete NNN Guide for Investors
A triple net lease shifts property taxes, insurance, and maintenance costs to the tenant. This guide covers how NNN leases work, why investors favor them, the different lease structures, typical tenants, and how to evaluate NNN deals.
12 min read
Market TrendsWill Corporations Build Their Own Edge Data Centers for AI?
Analysis of whether enterprises will self-build edge AI data centers or rent from providers. Covers deployment models, cost ranges ($9.3M-$15M/MW), adoption scenarios through 2030, and implications for powered-land investors.
25 min read
Property TypesStrategies for Adding Value in TripleNet Lease Properties
Investing in triple-net (NNN) properties offers stable, passive income, but real value comes from strategic improvements.
4 min read