Commercial Real Estate Direct Staff Report The construction pipeline for data centers in the country’s primary markets declined last year by 56% from 2024 to 5,9944 megawatts of power capacity at the end of last year, according to CBRE That...
The Real Deal Databricks has agreed to lease the entire 180,400-square-feet office property at 100 Altair Way in Sunnyvale, Calif, within the state’s Silicon Valley region The artificial intelligence company now has an office footprint...
First Farmers Bank & Trust has provided $26 million of financing for the construction of the 17-unit ONE15 Lofts on Kirkwood residential condominium buildings in Bloomington, Ind The three-year loan was arranged by Maverick Commercial Mortgage...
San Francisco Business Times OpenAI has agreed to sublease 282,000 square feet of office space at 1800 Owens St in San Francisco The artificial intelligence company is taking the space from Dropbox, which agreed to occupy the entire 750,000-sf...
Columbus Business First Nationwide Realty Investors is planning to redevelop most of the office space at Two Nationwide Plaza, a 300,000-square-foot office property in Columbus, Ohio, into 148 apartment units The real estate development arm of...
Banco Inbursa has provided $150 million of financing to fund the construction of the 620-unit first phase of the Wharton Piers mixed-use project along the Delaware River in Philadelphia The project is being developed by Brevet Capital, a New York...
South Florida Business Journal Madison Realty Capital has provided $80 million of construction financing for a 77-unit apartment project at 10290 East Bay Harbor Drive in Bay Harbor Islands, Fla Clara Homes of Miami recently broke ground on the...
South Florida Business Journal An affiliate of Southpoint Financial Services has lined up $4577 million of financing for the construction of Calusa Pointe II, a 168-unit affordable housing complex in Belle Glade, Fla TD Bank provided a $34 million...
Tampa Bay Business Journal HomeGoods has purchased a 173-acre land parcel in Plant City, Fla, where it plans to build a 125 million-square-foot industrial property that it will occupy The Framingham, Mass, home furnishings retailer is building the...
TDA Investment Group has provided $338 million of financing for the construction of the 428,185-square-foot industrial property at 10400 Amargosa Road in Hesperia, Calif The loan from the San Mateo, Calif, investment manager, which was founded in...
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