J.P. Morgan Global Real Estate Daily News and Research Summary

Research evidence excerpt

J.P. Morgan Global Real Estate Daily News and Research Summary

J P M O R G A N North America Equity Research

25 June 2026

J.P. Morgan Global Real Estate

Daily News and Research Summary

Americas REITs & Real Estate Services

Anthony Paolone, CFA AC

• President Donald Trump has canceled plans to sign the bipartisan 21st Century (1-212) 622-6682

Road to Housing Act, demanding passage of the SAVE America Act (a voter anthony.paolone@jpmorgan.com

ID law) first, as reported by Bisnow. House Speaker Mike Johnson added that J.P. Morgan Securities LLC

he is meeting with Trump and that he expects the president to sign the bill into Michael W. Mueller, CFA AC

law before it lapses in 10 days. Link to the article. (1-212) 622-6689

• Amancio Ortega, founder of Zara, is in talks to buy the 51-story office tower michael.w.mueller@jpmorgan.comJ.P. Morgan Securities LLC

at 1 N. Wacker Drive in Chicago from Irvine Co. for well above $500 million,

Adrian E Huerta

CoStar reported. The 1.4 million sf office tower is nearly 92% leased and the (52-81) 8152-8720

deal includes the assumption of a CMBS loan for $353 million. Link to the adrian.huerta@jpmorgan.com

article (subscription required). J.P. Morgan Casa de Bolsa, S.A. de C.V., J.P.

Morgan Grupo Financiero

• FMC Corp. has agreed to sell its 255-acre Stine Research Center in Newark, Richard Jones, CFA

Delaware, to Broadstone Net Lease for $114 million in a sale-leaseback deal, (61-3) 9633-4038

as reported by the Philadelphia Business Journal. The seller will lease back the richard.b.jones@jpmorgan.com

facility for 11 years. Link to the article (subscription required). J.P. Morgan Securities Australia Limited

• Clarion Partners has acquired an industrial building in Fremont, California, Neil(44-20)Green,7134-4478CFA