Broadstone Inks Hobby Lobby, Academy Sports as Manor Tenants
Why this matters
Land continues to behave as the highest-conviction long-duration bet in CRE. In supply-constrained luxury markets, replacement-cost-positive entitlements remain scarce; in growth-corridor exurbs, sponsors with patient capital are accumulating positions ahead of the next residential or industrial pipeline. The trade is a basis call, not an income call, and continues to attract family-office and high-net-worth capital that can hold through the cycle.
Editorial analysis · Real Estate Trail Editorial
Broadstone Net Lease (BNL) secured land in Manor and started construction on build-to-suit developments for Hobby Lobby and Academy Sports, both of which were directly sourced, off-market transactions, and are expecte…
External link. Real Estate Trail does not republish source content.
Related coverage — Land
Sewa International USA Launches Nepal Flood Relief and Missing-Person Helpdesk
SUGAR LAND, Texas, Aug. 31, 2026 /PRNewswire/ -- Sewa International USA has released $100,000 for Nepal Flood Relief, while volunteers work on the ground to rescue stranded people and provide emergency assistance. Sew…
C.A.R.-Backed Nonprofit Sues San Francisco Over Limits on SB 79 Transit Housing
A California Association of Realtors-backed nonprofit has sued San Francisco, alleging the city illegally carved out swaths of land from a new state law meant to unlock housing near rail and transit stations. The post…
KB Home names Casey Dare president of Tampa division
As Tampa division president, Dare will oversee land, construction, sales, and customer service across the growing market
Miami-Dade Public Agency Advancing $126.4 Affordable Housing Project
The Housing Trust Group has been chosen by the Naranja Lakes Community Redevelopment Agency to move forward on a 328-unit affordable housing venture. If the vote goes as expected, the CRA will award the developer land…
SpaceX plans $100B spaceport in Louisiana
The investment includes a propellant production facility and vehicle processing. The land was previously owned by ExxonMobil, which was sued for allegedly polluting the state’s coastal marshes.
Arizona takes legal action against MV Realty
Leadership from the American Land Title Association as well as AARP applauded Arizona's move