Business Specialties

First Close of GLP’s European Logistics Fund Yields $1.3B

The global investment manager’s second pan-European investment vehicle attracted equity commitments from both new and repeat participants.

California Community Program Adds 260MWh of Battery Storage

CleanPowerSF has now invested in six large-scale solar and wind energy developments in the state over the past two years.

Flexential to Build $64M Portland-Area Data Center

Skanska is the general contractor for the facility, which is expected to come online by next year.

California Issues New Zero-Emission Vehicle Order

With this announcement, the state joins more than 20 countries that have announced similar measures, including Germany, Canada and the U.K.

Willis Tower to Run on Wind Power

The largest LEED Platinum-certified building in the U.S. recently underwent a $500 million renovation.

Walmart Joins Ranks of Regenerative Companies

In addition to the net-zero carbon goal, the company committed to helping protect, manage or restore at least 50 million acres of land and 1 million square miles of ocean by 2030.

IQHQ Kickstarts $1.5B Life Sciences Campus in San Diego

Upon completion, the development will be the largest urban commercial waterfront site along California’s coast.

Atrium Health Breaks Ground on Charlotte Rehabilitation Hospital

The 150,000-square-foot development, meant to replace an existing 150-bed facility, is slated for a 2022 opening.

CT Realty Breaks Ground on Major Inland Empire Logistics Park

With joint venture partner PGIM Real Estate, the company plans to eventually develop as much as 4.4 million square feet of industrial space.

PepsiCo Sets Out Green Plans

The firm’s transition to clean-sourced energy will eliminate 2.5 million metric tons of greenhouse gas emissions by 2040.