Commercial Real Estate
Data Center Construction in June Totals $22.3 Billion
Year-to-date spending on data center construction through June reached $81.5 billion. Continue Reading Data Center Construction in June Totals $22.3 Billion
Raleigh Museum Announces Sale of Its Building
For the past 15 years, the museum has been located in a repurposed warehouse built in 1911. Continue Reading Raleigh Museum Announces Sale of Its Building
Survey: 4 in 10 Canadian Manufacturers Moved or Plan to Relocate Production to America
While most manufacturers (80%) are planning to keep their headquarters in Canada, 11% plan to move their headquarters to the US within the next five years. Continue Reading Survey: 4 in 10 Canadian Manufacturers Moved or Plan to Relocate Production to America
Former FHA Commissioner Frank Cassidy Rejoins Walker & Dunlop
“Frank returns to Walker & Dunlop at a defining moment in the housing industry,” said Sheri Thompson, executive vice president and head of affordable housing at Walker & Dunlop. Continue Reading Former FHA Commissioner Frank Cassidy Rejoins Walker & Dunlop
MIT Museum to Receive Project Archives of Architect IM Pei
The China-born Pei graduated from MIT in 1940 with a degree in architecture. Continue Reading MIT Museum to Receive Project Archives of Architect IM Pei
Anthropic Signs 20-Year, $19 Billion Lease for Kentucky Data Center Campus
The campus will accommodate approximately 401 megawatts (MW) of IT load Continue Reading Anthropic Signs 20-Year, $19 Billion Lease for Kentucky Data Center Campus
Historic Pittsburgh Site of National Negro Opera Company Receives $1.75 Million Grant for Restoration
In 2020, the National Trust for Historic Preservation named it one of the country’s 11 most endangered historic places. Continue Reading Historic Pittsburgh Site of National Negro Opera Company Receives $1.75 Million Grant for Restoration
CoStar Group Debuts Platform for French Commercial Real Estate Market
“France is one of the most important real estate markets in the world,” said Andy Florance, founder and CEO of CoStar Group. Continue Reading CoStar Group Debuts Platform for French Commercial Real Estate Market
PROREIT Acquires 2 Industrial Portfolios for $136.8 Million
The company added that more acquisitions are expected to occur during the third quarter. Continue Reading PROREIT Acquires 2 Industrial Portfolios for $136.8 Million
CMBS Delinquency Rate Drops by 20 Basis Points
Trepp attributed the drop to the lodging sector, which posted a 78 basis points decline to 5.22%. Continue Reading CMBS Delinquency Rate Drops by 20 Basis Points
NAIOP Rebrands as Commercial Real Estate Development Association
The organization was founded in 1967 and now represents more than 21,000 members through 55 chapters across North America. Continue Reading NAIOP Rebrands as Commercial Real Estate Development Association
Kroger Acquires Giant Eagle, Multistate Food and Pharmacy Retailer, for $1.65 Billion
Kroger operates over 2,700 locations under nearly two dozen different banners. Continue Reading Kroger Acquires Giant Eagle, Multistate Food and Pharmacy Retailer, for $1.65 Billion
