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Amazon Acquires Virginia Campus of George Washington University for $427 Million

Amazon Acquires Virginia Campus of George Washington University for $427 Million

by Phil Hall | Mar 3, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Amazon Inc. (NASDAQ: AMZN) has acquired the 122-acre Virginia Science and Technology Campus of George Washington University for $427 million. The deal was initially announced Friday in the university’s student newspaper without Amazon being identified as a buyer....
Related to Build $7 Billion Michigan Data Center for OpenAI-Oracle’s Stargate Project

Related to Build $7 Billion Michigan Data Center for OpenAI-Oracle’s Stargate Project

by Phil Hall | Oct 31, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate development firm Related Companies has been hired to construct a $7 billion data center outside of Detroit for the Stargate project venture between OpenAI and Oracle (NYSE: ORCL). The Wall Street Journal reports Related’s 250-acre campus in Saline...
Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks

Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks

by Phil Hall | Oct 28, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An $8 billion Vantage data center planned for Port Washington, Wisconsin, could enjoy more than $450 million in local property tax breaks plus an exemption from state sales taxes. The Center Square reports the proposed facility is estimated to be valued at over $2.1...
Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks

Tucson Rejects Proposal for 290-Acre Data Center

by Phil Hall | Aug 8, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The City Council of Tucson, Arizona, has unanimously voted to reject the proposed construction of a 290-acre data center complex. The Arizona Republic reports the land for the proposed Project Blue data center in Pima County, located south of Tucson, was sold to...
Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks

OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi

by Phil Hall | May 22, 2025 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

OpenAI is partnering with the United Arab Emirates (UAE) firm G42 to construct a 1-gigawatt artificial intelligence (AI) data center in Abu Dhabi. The new project, dubbed Stargate UAE, will be OpenAI’s first data center project outside of the United States. The first...
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