Apollo Global Management has agreed to acquire a majority interest in Stream Data Centers from Stream Realty Partners with plans to add 650 megawatts of new hyperscale capacity in Chicago, Atlanta and Dallas. The transaction…
Category: Commercial Real Estate News
CoreWeave has taken another step in its strategy to move from leasing to owning data center capacity by acquiring a Kenilworth, N.J., facility that it began leasing less than a year ago. The Livingston, N.J.-based…
The firm dished out $105.5 for a property in Lower Manhattan, highlighting the area—and the entire Manhattan market as a whole—as one where interest in high-profile office properties are beginning to see demand once again.
Miami’s office market has recorded its largest lease of 2025 so far, according to multiple sources: TracFone Wireless, a Verizon subsidiary, signed for more than 51,000 square feet in the Waterford Business District near Miami…
San Francisco’s office market continues to see the AI industry boost leasing activity. Fast-growing AI startup Sierra has expanded its leased space to 82,000 square feet at 235 Second St. in the South of Market…
CBRE has finalized an agreement to acquire prominent coworking operator Industrious for $400 million, bringing its ownership from 40% to full control. The transaction values Industrious at $800 million and is expected to close later…
One of the largest industrial real estate developers in the U.S., Panattoni is making a significant shift by venturing into data center development. Driven by skyrocketing demand from the artificial intelligence sector, the Irvine, Calif.…
Manhattan has reclaimed its position from the end of 2023 as the top market in the country for office sales volume through June, according to the latest office report from CommercialEdge. Surprisingly, before June, Manhattan…
New York-based real estate firm Tishman Speyer has sold the 2000 K St. NW property near Farragut West Metro station for $140.2 million, according to the Business Journal, which cited documents filed with the Washington,…
Microsoft’s decision to vacate its 1.9 million square feet of office space in downtown Bellevue, Wash., marks a significant transition for the city’s office market. The tech giant announced last year that it would not…
