Spending for the construction of data centers totaled $411 billion last year, up 317% from 2024 and 344% from 2020, according to the US Census Bureau However, that number understates the true scope of spending on such properties by a large...
Bisnow Dean Adler, who co-founded investment manager Lubert-Adler, has agreed to buy the former Franklin Mills Mall in Philadelphia, with plans to redevelop it into mixed uses Adler would invest $100 million into remaking the 37-year-old shopping...
Multi-Housing News Thompson Thrift is planning to develop Argent Flats, a 273-unit apartment complex in Reno, Nev The Indianapolis developer will build the property at 6000 Plumas St, about four miles south of Reno’s downtown Argent Flats will...
Orlando Business Journal Terian Group has lined up $925 million of financing for the construction of the Emi on 50 apartment project in Orlando, Fla PCCP provided the financing, which was arranged by JLL Terian, of Maitland, Fla, is building the...
Houston Chronicle Boardwalk Pipeline has agreed to lease 143,253 square feet of office space at the CityCentre mixed-use development in Houston The locally based pipeline company will lease four floors at the 990 Town & Country building,...
OakNorth Bank has provided $255 million of financing to fund the development of an 87-unit apartment property at 2916 Atlantic Ave in the East New York area of Brooklyn, NY The proposed 11-story building, with nearly 5,000 square feet of commercial...
Commercial Property Executive Covington Group has received approvals to build Antelope Valley Commerce Center, a 94 million-square-foot industrial development in Palmdale, Calif The Dallas developer will build the property on 510 acres at Sierra...
REBusiness Online Hyundai Translead has agreed to lease a 14 million-square-foot industrial property at 2200 Channahon Road in Joliet, Ill, a southern suburb of Chicago The subsidiary of Hyundai Motor Co leased the property from Industrial Realty...
Greystar is the country's largest owner of apartments for the third year in a row, with a portfolio of 119,160 units, according to a ranking by the National Multifamily Housing...
Mohr Capital is building the 371,388-square-foot Oates 610 industrial building in Houston The Dallas company is developing the warehouse property on 223 acres at 107 Oates Road, at the intersection of interstates 610 and 10 and US Highway 90 It is...
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