What happened, and who moved.
Redevco has expanded its UK industrial outdoor storage portfolio with the acquisition of a 560K SF logistics facility in Widnes. The 17-acre site is fully let to Jaguar Land Rover and operated by DHL, supporting supply chain operations for JLR's Halewood...
BXP has nearly pieced together all the money it needs for a new 930K SF office tower in Midtown Manhattan after closing on a $1.2B construction loan. The financing for 343 Madison Ave. was led by Wells Fargo, alongside Bank of America, Bank of New...
CBRE outperformed industry expectations during the second quarter as its core earnings per share rose 30% on a 16% revenue increase thanks to a strong performance by the company’s infrastructure and data center services businesses. The world's largest...
It took four years and more than $770M for billionaire and hedge fund CEO Ken Griffin to reach the finish line in assembling a full-block site for his company’s future headquarters. The task is finally complete after Miami commissioners last week...
New York City's small businesses having trouble navigating the squeeze of rising rents, dwindling availability and soaring expenses are getting a boost from the city.
The cold storage warehouse in Boyle Heights that burned for nearly a week in June is drawing pests to the neighborhood due to spoiled food sitting in the facility's shell. The 500K SF warehouse at 1400 S. Los Palos St. is operated by Michigan-based...
Rick Ross may have gone platinum for Blowin' Money Fast, but he is hoping his latest project will turn into Money So Long.
A year after last summer’s immigration crackdowns that emptied parts of Los Angeles’ commercial corridors, damage to business owners and their landlords hasn’t been repaired. Neighborhoods like the Fashion District and Little Tokyo are still coping...
Dhanani Private Equity Group is scooting over to Sugar Land. The firm purchased the 165K SF former Texas Instruments office building and its more than 7-acre campus in a transaction that closed on April 13, according to Fort Bend County public records.
Montgomery County lawmakers on Tuesday halted development of large data centers, the latest in a growing wave of moratoriums happening in the D.C. metro area and across the U.S.
Armed with $170M from a fresh round of fundraising, UK-based proptech firm Dwelly wants to buy more companies and use AI to streamline operations. Dwelly, founded in 2023, is an artificial intelligence-powered online listing platform for buying and selling...
Asset management giant TPG appears to be preparing a major push into the booming data center market.
Hilton Worldwide Holdings posted second-quarter results just ahead of Wall Street estimates but well off the lofty heights hoteliers originally envisioned for 2026.
The nation's largest grid operator warned that it could temporarily cut off data centers without an independent source of power in an unmanageable demand event.
While Dallas-Fort Worth’s growth as a financial hub has fueled the region’s flight-to-quality trend, companies are also upgrading their offices as the use of artificial intelligence grows and they compete for the best talent in the metro.
Student accommodation specialist Unite Group has announced a £417M first-half pre-tax loss as it warned that purpose-built student accommodation is struggling under soaring construction costs. The UK's largest student accommodation provider reported that...
Elme Communities has found a new buyer for its Alexandria, Virginia, apartment complex after a previous deal fell through, putting the REIT back on track in its liquidation process.
Americold Realty Trust is walking away from a 6-year-old deal with a Northeast grocery giant to operate two automated distribution hubs, a move that will result in a more than $300M hit to the cold storage REIT’s balance sheet.
Fortress Investment Group made its name investing when markets fell apart. Now, with the commercial real estate cycle turning, the investment giant is building a business that no longer depends on the next crisis. “We've come out of the shadows as this...
Fulton Market's metamorphosis from a meatpacking hub into the place to be for young, well-paid professionals continues to evolve, even as a tough capital markets environment complicates investment across the city. The area's strong fundamentals continue...
Construction work has been halted at a second Manhattan project as city officials embark on an inspection onslaught at office-to-residential conversions following the near collapse of a Midtown skyscraper. City inspectors ordered that construction...
The owner of a vacant office property on Boston's waterfront that was previously proposed for redevelopment has listed it for sale.
Rexford Industrial Realty plans to sell off up to $2B of its portfolio, using the proceeds to pay off debt that is set to mature next year. Rexford increased its full-year 2026 disposition guidance to $1.5B to $2B, according to second-quarter filings...
Artificial intelligence-focused computing providers called neoclouds represent the fastest-growing segment in the booming data center market. But some data center executives are skeptical about the business models underpinning this startup-dominated...
International law firm Simpson Thacher & Bartlett LLP appears to be in talks to lease a historic property near the White House, in what could become the District's largest private sector lease so far this year.
After several years of an effective freeze on new power connections around Ireland, the country’s data centre sector is being reshaped. Policymakers have attempted to redefine the industry, creating opportunities for investors prepared to develop alongside...
Feeling barraged by a constant stream of often-confusing economic information? Walker & Dunlop CEO Willy Walker has some simple advice: Ignore the “noise” and focus on the data. “Everyone has a [social media] feed that is filled with noise,”...
Prices for the different types of commercial real estate sectors, from industrial to office and everything in between, had been moving generally in the same direction. Not anymore.
Investment in the self-storage market has been making a comeback after years of high interest rates and fewer home sales put a damper on the sector.
Hines is lining up its next slate of residential development in Prince William County.
As anxiety builds over whether there will be enough electricity available to power the data center construction boom, investors have started to pour billions into properties where they can hoard energy.Brookfield reached a $7B deal last week to acquire...
Things are heating up for data centers. The rise of artificial intelligence calls for more powerful graphics processing units and central processing units that generate more heat than older chips. While the last generation of GPUs and CPUs could be sufficiently...
Integra Investments closed on a 37-year-old condo complex in Broward County deemed unsafe for occupants after years of back-and-forth with the court-appointed receiver.
National affordable housing nonprofit Reinvestment Fund is undergoing a leadership shake-up, with two executives departing to pursue independent consulting ventures. Ira Goldstein spent 27 years with the Philadelphia-based nonprofit, most of them...
The lenders on a two-building lab and office complex in Boston's South End have taken over ownership from life sciences giant BioMed Realty.
Public relations executives who promote buildings and transactions to investors, potential buyers and the media say artificial intelligence has rewired their jobs over the past few years — compressing workflows from weeks to days. But it has also complicated...
Another massive industrial REIT merger is on the table, two logistics heavyweights have announced.
New York City's largest office landlord is generating more cash than expected as companies clamor for a dwindling supply of premier Manhattan office space.
The Lehigh Valley’s deep-seated manufacturing legacy has left it with ample access to power, but that doesn’t necessarily mean it is a good fit for the booming data center industry.
The biggest World Cup in history packed stadiums across North America and shattered attendance records. It just wasn't the hotel bonanza many in the hospitality industry had expected. Hotels pushed room rates sharply higher around marquee matches, fueling...
The two worlds of Marc Kulick, an Oklahoma-based developer and former high-stakes gambler, have collided to create a vicious onslaught of lawsuits, including racketeering allegations, and foreclosures. Kulick is being sued by business partners and investors...
New York City apartment developers are building fewer studio apartments as they seek to make an unpopular housing incentive work for their projects.
Google’s bigger-than-expected spike in spending on data centers and other AI infrastructure is rattling Wall Street. While it was the first of the Big Tech giants to report second-quarter earnings, and its competitors' stock prices also dropped Thursday,...
If at first Prologis doesn’t succeed, it tries, tries, tries … and tries one last time.
A year after OpenAI CEO Sam Altman expressed concerns about the possibility of an artificial intelligence bubble, the firm that created ChatGPT is planning to pump more than $20B into a new 3.2-gigawatt data center outside of Savannah.
Phoenix's office market is showing signs of improving health.
For the first time in four years, the EB‑5 industry has an up-to-date draft rulebook. The recently released policy document provides long-awaited guardrails but has also touched off a wave of anxiety, as it proposes a rule change that could threaten...
Williams Tower, the iconic office tower next to The Galleria, has sold to its namesake tenant for more than $300M. This is the largest single-property office sale in Houston since 2019, according to Green Street News.
Charlotte is in the early stages of working toward a new data center policy amid a development moratorium, part of a growing wave of project pauses happening in jurisdictions around the country. Since its 150-day moratorium began in June, city staff...
Not long after billionaires Sergey Brin and Larry Page dropped a combined hundreds of millions of dollars on Miami real estate, the company they founded is growing its Magic City office presence.
A proptech company focused on deploying AI agents to meet landlords' leasing and operational needs has closed its second funding round.
One of the largest construction lenders in the U.S. is still shrinking its real estate portfolio, according to second-quarter earnings results. Bank OZK's real estate exposure fell to 47% of its overall loan book in the second quarter, down from 52%...
The Crown Estate has unveiled the largest-ever phase of its West End development pipeline with two major projects at 10 Piccadilly and 21-29 Glasshouse Street that will create 169K SF of new office, retail and hospitality space. At 10 Piccadilly, The...
A month after the New York City Rent Guidelines Board voted to freeze rents on all stabilized leases, a group of landlords has filed a lawsuit claiming that the process was illegally influenced by the mayor. The complaint, filed Wednesday, accuses the...
A Florida-based company that converts existing industrial facilities into data centers is joining the wave of digital infrastructure companies looking to tap the public equities market.
Amazon is close to a deal to acquire a 571K SF vertical warehouse facility on Goose Island that has sat vacant since 2024.
KKR Real Estate Finance Trust is exploring a potential sale, the company announced as part of its reporting of weak second-quarter results Wednesday.
Law firm Norton Rose Fulbright executed a planned expansion at its namesake tower in Downtown Houston, bringing its total footprint to 139K SF. Skanska developed the 28-story Norton Rose Fulbright Tower at 1550 Lamar St., which opened in August 2024....
The head of the General Services Administration signaled that the U.S. government could take an active role in the reimagining of the 250 acres between the National Mall and D.C.’s southwest waterfront. The government has been moving quickly to sell...
BlackRock flexed its muscle as one of the artificial intelligence data center boom’s most powerful players this week. The investment giant executed roughly $57B in data center transactions by financing Meta’s massive Texas campus and closing its...