Elon Musk’s SpaceX has secured a 100% property tax abatement for its proposed $55 billion Terafab chip manufacturing project in Grimes County, Texas. SpaceX said the project is crucial to its efforts to expand into advanced computing infrastructure and domestic chip...
Brookfield Asset Management (NYSE: BAM, TSX: BAM) announced the completion of its $1.2 billion all-cash acquisition of Peakstone Realty Trust (NYSE: PKST). El Segundo, California-based Peakstone offers a portfolio of more than 70 industrial assets, including...
The national industrial real estate vacancy rate remained in the mid-7% range entering the second quarter and is expected to edge higher into 2027 before rolling into a gradual decline, according to a revised forecast from CoStar Group. Under the revised forecast,...
Vacancy rates for Canadian office and industrial properties declined in the first quarter, according to a new data report from Colliers. National office vacancy declined by 100 basis points year-over-year to 13.6%, which Colliers described as “one of the most...
Tempus Realty Partners, a Little Rock, Arkansas-based real estate investment partnership, has acquired an industrial portfolio totaling $22.2 million. The portfolio includes five assets across two properties spanning a total of 311,158 square feet on 23 acres. One...
Barings Buys $66.2 Million Orange County Retail Center as Grocery-Anchored …
