NX3 Brokers $27.5M Florida NNN Portfolio Via 1031 Exchange
NX3 closed a $27.5M five‑property NNN portfolio across Florida via a 1031 exchange, moving a New York investor from multifamily into national‑tenant retail. The package includes Wawa, 7‑Eleven, Chipotle, Starbucks and a Deltona center anchored by Verizon.
Coronet Motel On The Chopping Block As Six-Story Housing Plan Hits Palo Alto
A San Francisco‑based developer filed plans to demolish the Coronet Motel and build a six‑story, 76‑unit apartment building using new state transit rules. The filing leans on SB 79 and SB 330 to preserve today’s development standards.
Mountain View Cul-de-Sac on the Chopping Block for Seven-Story Condo Deal
Mountain View is preparing to vacate Gamel Way to make way for a seven‑story, 216‑unit condo project that includes 44 below‑market units and replacement homes for displaced tenants. The council is expected to vote on the sale terms this September.
Coworking Giant Invades Illinois With 12 New Offices, Chicago Leads The Charge
IWG says it will add 12 new coworking locations across Illinois after a year of record openings, pushing beyond Chicago into central cities including Peoria. The move follows heavy recent network growth by the firm.












