The global flex space provider is adding more than 1,000 third-party locations in the U.S. and Canada.
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The property is fully leased to Blue Cross Blue Shield.
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The buyer took out a permanent loan from Bank of America.
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The campus is set to become the company's first facility of its kind.
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Menna reaffirmed the enduring value of low leverage in public REITs.
Cap rates are reflecting sunnier skies, new Colliers research shows.
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Whole Foods anchors the property.
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JLL Capital Markets arranged the deal.
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Plans call for upward of 3 million square feet of office space and 300,000 square feet of retail, among other uses.
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The property is near Interstate 675 and came online in 2021.
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The industrial park is set to undergo substantial improvements.
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LA Fitness and Sprouts Farmers Market anchor the property.
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The property came online in 2023.
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The development marks the company’s second project in the Joliet submarket this year.
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The facility is designed to support AI workloads and hyperscale cloud expansion.
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The property previously changed hands in 2022.
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Seeking to address this challenge, NAF—a national non-profit dedicated to career readiness education—has partnered with the Nareit Foundation. Together, they’re expanding opportunities and creating new pathways for high school students to learn about and work in the REIT industry.
The South Texas facility will generate 166 MW for crypto hosting and AI.
The post Soluna Breaks Ground on Wind-Powered Data Center appeared first on Commercial Property Executive.
Newmark secured the financing for the historic office and retail assets.
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The tenant signed its first lease in the building last year.
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