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AI and Power Demand Drive Silicon Valley Industrial as Tenants Chase Scarce High-Tech Space

Silicon Valley's industrial market has split into two economies — one defined by artificial intelligence, data centers and an insatiable appetite for power,...

industrial building
CommercialFeaturedIndustrialINDUSTRY newsLeasing

Silicon Valley Industrial Hits Cycle-High Leasing as R&D Market Turns the Corner in 2Q26

Silicon Valley's industrial and research-and-development markets both firmed in the second quarter of 2026 as artificial intelligence and advanced manufacturing tenants absorbed large...

data center servers
FinanceIndustrialINDUSTRY news

Tishman Speyer Affiliate Pays $65.4MM for Two Santa Clara Data Center Parcels Near SJC

A Tishman Speyer-linked affiliate has paid a combined $65.4 million for two adjacent Santa Clara parcels on the west side of San Jose...

data center servers
CommercialFeaturedINDUSTRY news

New York Clears First-in-Nation Data Center Moratorium, and the West Coast Is Watching

New York lawmakers have approved a one-year freeze on state permits for large data centers, the first statewide moratorium in the country and...

date and information on a computer screen
AECCommercialFeaturedINDUSTRY news

Four-Month-Old Global Stack Pitches Data Center, Garage and Vertiport at Calistoga Fairgrounds, Draws Near-Unanimous Opposition

A newly formed Santa Ana company is courting more than 70 California fairgrounds with a plan to layer edge data centers, multi-level parking...

Cables of servers in a data center
AECFeaturedIndustrialINDUSTRY news

AI Data Center Market on Track to Hit $810.6B by 2033 as Enterprises Pour Capital Into Computing Infrastructure

A new Grand View Research study forecasts the global AI data center market will more than quintuple to $810.6 billion by 2033, with...

Data center cabinet
CommercialFeaturedINDUSTRY newsLeasing

Data Center Vacancy Hits Near Zero as AI Demand Outruns Power and Permitting

With vacancy at essentially zero and tenants signing leases three years before space delivers, Digital Realty Chief Executive Officer Andy Power and CBRE's...

Cables of servers in a data center
AECCommercialFinanceINDUSTRY news

Menlo Equities Pivots Entitled Sunnyvale Office Site to 49MW, 244,000 SQFT Data Center in Peery Park

Menlo Equities has abandoned a fully approved office and life science campus on its 8.9-acre Ross Drive site in Sunnyvale's Peery Park, trading...

Cables of servers in a data center
AECCommercialINDUSTRY news

Microsoft Begins Construction on 48MW Data Center Campus in San Jose’s Alviso, Capping Nine-Year Hold on $73.2MM Site

Nine years after quietly assembling 65 acres along Highway 237, Microsoft has put shovels in the ground on its first purpose-built, company-owned data...

Smart City. 3D Render.
AECCommercialIndustrialINDUSTRY news

PG&E Doubles Santa Teresa Substation Capacity to 80MW in San Jose, Clearing Path for Equinix Data Center Growth

PG&E has completed an expansion that doubles the capacity of its Santa Teresa Substation in South San Jose to 80 megawatts, the first...

Sawtooth roof of a building
FeaturedFinanceIndustrialINDUSTRY news

U.S. Steel Affiliate Lists 445-Acre Pittsburg Data Center and Industrial Site for Sale

U.S. Steel Property Holdings markets the former USS-POSCO steel mill complex as a power-secured, port-served data center and heavy industrial campus six months...

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CommercialIndustrialINDUSTRY news

Aivres Secures Long-Term Industrial Lease in Fremont Amid Dynamic Silicon Valley Industrial Market

Data Center Solutions Provider Commits to 11-Year Term at Strategic Silicon Valley Location Aivres, a leading provider of data center servers and storage...

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