Data Center Industry’s Remarkable Momentum
New market leaders are emerging, according to Avison Young’s latest report.
The post Data Center Industry’s Remarkable Momentum appeared first on Commercial Property Executive.
New market leaders are emerging, according to Avison Young’s latest report.
The post Data Center Industry’s Remarkable Momentum appeared first on Commercial Property Executive.
This property comprises 1 million square feet.
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The industrial property will serve as the firm’s headquarters and center for production and distribution.
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The LEED Gold-certified office tower was recently renovated.
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Perform Properties will bring together multiple companies.
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A cybersecurity firm has signed Silicon Valley’s largest new office lease since 2023.
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Commitments exceeded the original target of $4 billion.
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The asset last traded in 2019.
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The eight-story building is part of a 28-acre master plan.
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The property recently lost its anchor tenant.
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The company is developing the project in partnership with Junction Commercial Real Estate.
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The property traded at a significantly higher price than the market average.
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This deal marks the market's largest agreement of its kind so far this year.
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A TPG Real Estate Partners industrial platform sold the nearly 250,000-square-foot facility.
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A local firm acquired the office and retail property.
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Portfolio manager Patrick Wilson says CenterSquare is seeing increased investor interest in REITs.
The property was 20 percent leased at the time of the sale.
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The project will take shape within a 300-acre campus.
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The facility is the company’s largest factory of its kind.
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