Commercial Real Estate Direct Staff Report The rapid expansion of the data-center sector is increasingly reshaping all aspects of the industrial real estate market, including leasing and competition for development sites Last year,...
The number of active data center moratoriums nationwide has surged to 279 through September, up from just 16 a year earlier, according to Interconnected Capital's US Data Center Moratorium...
Commercial Real Estate Direct Staff Report The redevelopment of Baltimore’s Harborplace within the city’s Inner Harbor area got a shot in the arm in recent days, when a city agency agreed to a tax reduction for the retail property The...
Paul T Vanderslice, among the CMBS industry’s most-seasoned veterans, will take over as president and chief executive of the CRE Finance Council, effective Sept 30 He replaces Lisa Pendergast, who retired last month after 10 years as head of...
Commercial Real Estate Direct Staff Report The proposed sale of the 176 million-square-foot 1500 Market St office building in Philadelphia is back on A district court judge late last month denied a motion to block the 37-story building’s sale...
Commercial Real Estate Direct Staff Report The real estate arm of brothers Michael and David Shabsels last month filed for Chapter 11 bankruptcy protection in US Bankruptcy Court for the District of New Jersey The unit, Damis Holdings LLC, owns 55...
Kathy Hochul, governor of New York, signed an executive order yesterday establishing a one-year moratorium on the development of data-center properties with power capacities of 50 megawatts or more It’s the first statewide ban to be passed in...
Last year, at least 25 data-center projects throughout the country were canceled because of local resistance, a quadrupling of the number of projects that were nixed in 2024, according to Newmark...
The Daily Herald Officials in Lake County, Ill, are said to be implementing an eight-month moratorium on new data-center projects Staff for the county, which is a northern suburb of Chicago, are working to establish definitions, zoning...
The Real Deal A lawsuit filed against Bayerische Versorgungskammer, the German pension fund known as BVK, has requested a US federal judge to freeze proceeds from the recent sale of the 703,537-square-foot Transamerica Pyramid office tower in San...
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