Business Specialties
EdgeCore Forms, will Invest $2B in US Data Centers
GIC will act as main anchor investor in EdgeCore Internet Real Estate. The company is targeting six key markets across the U.S. and plans to deploy the first facilities by the end of the year.
PACE Funding Comes Clean
Executives from CleanFund Commercial PACE Capital offer insights into a steadily expanding financing option.
R&B Realty Readies for Miami Office Groundbreaking
The developer plans to break ground on The Gateway at Wynwood in the next 90 days, and has retained Colliers’ Stephen Rutchik to spearhead leasing efforts at the property.
KBS Sells South Beach Asset for $38M
CBRE’s Capital Markets and Debt & Structured Finance teams facilitated the transaction and arranged acquisition financing on behalf of buyer Green Oak Real Estate.
North Sea Wind Farm Offers New Model
The North Sea Wind Power Hub, a man-made island in the North Sea, could be a breakthrough for renewable power. The planned distribution hub will send electricity via long-distance cables to six European countries.
From Tax Cuts to Rate Cuts
A growing number of large investor-owned electric utilities plan to pass along their windfall from corporate tax cuts in the form of lower rates. Where will customers benefit?
Cambria Breaks Ground in Historic Savannah District
Choice Hotels and HOS Management began work on the 103-key, six-story property. This is the brand’s first location in Georgia.
PCCP, Panattoni Form JV for Seattle Warehouse Construction
Glacier Peak will be built on a 10-acre site on Riverside Road, in a business park located near an Interstate 15 interchange and Boeing’s primary assembly plant.
DFW Industrial Park Lands $40M Equity
HFF secured the money for Copeland Commercial’s first phase of the 2.8 million-square-foot DFW Commerce Center. Phase one will include a cross dock distribution and warehouse building with state-of-the-art facilities.
JV Buys $26M Land for DC-Area Mixed-Use Project
The 1.8-acre parcel is part of The View, a 3-million-square-foot mixed-use development located in the Arts and Entertainment District of Tysons, Va., next to the Spring Hill Metro Station.