Meta, BlackRock Pick El Paso for $14B Data Center

Jul 28, 2026

Meta Platforms, the parent company of Facebook, Instagram and WhatsApp, and BlackRock Inc. have formed a joint venture to develop and operate a data center campus in El Paso. The companies project that total development costs for the 1-gigawatt (GW) campus will be approximately $14 billion. Meta will provide…

Capital Markets Data Centers U.S. National United States

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Publisher: Connect CRE
Obtained from: Connect CRE
Published: Jul 28, 2026
Last updated: Jul 28, 2026 (today)

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Developer Duo's $100M Greensboro Mixed-Use Venture

Simpson Commercial Real Estate and Brown Investment Properties purchased 61.7 acres near Toyota’s $14 billion battery manufacturing facility (shown), with plans to develop a mixed-use project to be called Woody Mill. The joint venture paid $8 million for the site. The Triad Business Journal reports the team is…

Capital Markets

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United States

via Connect CREUpdated todayPublished Jul 28, 2026

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Wideman Adds 35-Story Office Tower to Houston Portfolio

Wideman Co. acquired the 35-story TotalEnergies Tower at 1201 Louisiana St. from Brookfield Properties. The 850,000-square-foot tower was originally built in 1971. It has undergone numerous upgrades that included adding a fitness facility and adjacent bike room. The lobbies were previously renovated in 1996. And…

Capital MarketsOfficeU.S. NationalUnited States

via Connect CREUpdated todayPublished Jul 28, 2026

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Sentinel Real Estate Acquires Oregon Apartment Community

Sentinel Real Estate has acquired Willow Apartments, an upscale mid-rise multifamily community located in Lake Oswego, Oregon, just southeast of downtown Portland. Completed in 2024, the property is a 158-unit, five-story building that offers a mix of one-, two-, and three-bedroom residences. “Willow Apartments…

Capital MarketsMultifamilyU.S. NationalUnited States

via Connect CREUpdated todayPublished Jul 28, 2026

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Connect CRENews

Associated Bank Loans $28M for Chicago Transit-Oriented Apartment Development

Associated Bank announced the completion of a $28.35 million loan to a joint venture of North Park Ventures and SNS Realty Group for development of a new transit-oriented residential development in Chicago. The loan included funds for acquisition of the former Tortenson Glass Co. which consists of nearly 30,000…

Capital MarketsMultifamilyDebt & FinancingU.S. NationalUnited States

Updated todayPublished Jul 28, 2026

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Connect CRE

High-Growth Retail Brands Expand with Data-Driven Site Selection

Across segments, retail and dining expansions converge on a common set of priorities, Placer.ai says in a new white paper. These include identifying markets with strong demand, ensuring alignment with target audiences and leveraging local consumer behavior to drive synergy. Titled What High-Growth Brands Know About…

Capital MarketsRetailU.S. NationalUnited States

Updated todayPublished Jul 28, 2026

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Connect CRE

North American Office Posts Strongest Performance Since Pandemic

The North American office market is having its best year since the COVID-19 lockdown upended demand for the sector, with vacancy declines in the second quarter across Canada and the United States for the first time since 2019, Lee & Associates reported. “Tenant growth has returned and institutional investors are…

Capital MarketsOfficeU.S. NationalUnited States

Updated todayPublished Jul 28, 2026

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