Amazon (NASDAQ: AMZN) has announced plans to build a data center campus in Montgomery County, Missouri. In a corporate blog post, the company stressed the facility would not create a drain on local energy sourcing or water supplies. “Amazon has worked with the local...
The Tel Aviv, Israel-headquartered global workspace provider Mindspace has signed a new 54,000-square-foot lease at Two Transamerica Plaza, located within San Francisco’s iconic Transamerica complex. This marks the company’s second location in San Francisco and...
Brookfield Asset Management (NYSE: BAM, TSX: BAM) has partnered with the Canada Pension Plan Investment Board to acquire LXP Industrial Trust (NYSE: LXP), a real estate investment trust focused on Class A warehouse and distribution investments in 12 markets across the...
Nationwide protests against data center construction, the expense of living in older houses, and two movie stars stuck with mansions no one wants to buy. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 13-17. Miss: Data...
A Michigan man was charged in a criminal complaint for his alleged role in a scheme to obtain millions of dollars in investment funds in a phony real estate deal. According to the complaint, Kenneth Bardwell is the operator of a company called “Motown Sports Group...
The second quarter national office vacancy declined 10 basis points (bps) year-over-year to 20.1%, marking the eighth straight quarter in which vacancy remained largely flat, according to a new data report from Cushman & Wakefield (NYSE: CWK). Overall vacancy fell...