Regions

Prime Data Centers To Build Silicon Valley Facility

The four-story building will provide 9 MW of power and is slated for completion in 2021.

Pessimism Grows Among New York City Brokers

While the overall figures are discouraging, sector-level results indicate a divergence in sentiment, according to REBNY’s latest report.

Tech Tenants Remain Biggest Force in Office Leasing

From 2010 to 2019, 1.5 million technology jobs were created. Only 58,000 have been lost in 2020.

Warehouse

Exeter Property Group Pays $85M for Pennsylvania Warehouse

In 2018, the seller financed the 1.2 million-square-foot development with a $48.8 million loan from Regions Bank.

Westfield Upgrades Shopping Centers With Solar Power

The move is part of URW’s global environmental sustainability initiative, dubbed Better Places 2030.

Empire State Building

Empire State Building Lands 212 KSF Lease

Centric Brands, which had been occupying subleased space, signed a direct lease at the Midtown Manhattan landmark.

Supply Chain Resiliency To Boost Logistics Demand

Many customers are poised to hike inventory levels by 5 to 10 percent, a Prologis executive revealed at SIOR’s CREate 360 conference.

Iron Mountain Extends Global Connectivity

The company’s partnership with global IP connectivity supplier Telia Carrier makes its data center platform even more valuable to customers.

Hines JV to Build 1st Phase of 16 MSF Project in Italy

The company and partner Cale Street are investing $590 million in the mixed-use development in Milan.

NAIOP Taps 2021 Chair

Former Arizona Board Chairman Molly Carson succeeds 2020 Board Chairman Larry Lance.