North American Data Center Markets See A Surge in Rental Rates Amidst Supply Crunch
In an unprecedented surge, the North American data center markets have experienced a dramatic increase in average asking rental rates, climbing between 20 percent and 54 percent over the...
Solano and Napa Industrial Report: A Quarter of Contrasts and Future Outlook
The industrial market in Solano and Napa Counties experienced a notable decrease in net absorption and a significant rise in vacancy rates in the fourth quarter, according to a...
Pyka Leases 110,000 SQFT Aviation Hangar in Alameda Point for Scaled Manufacturing, R&D
ALAMEDA, Calif., March 26, 2024 -- Pyka, manufacturer of autonomous electric aircraft for crop protection and cargo delivery, has secured a 110,000 square foot corporate headquarters and production facility...
CNBC: Real Estate Has Not Bottomed Yet, Predicts Fortress Investment Group Co-CEO
Drew McKnight, Fortress Investment Group co-CEO & managing partner, joins 'Fast Money' to talk the real estate and banking spaces and why he believes commercial real estate is still...
Verdagy Awarded $39.6MM Grant from Department of Energy for Manufacturing Advanced Alkaline Water Electrolysis...
MOSS LANDING, Calif., March 14, 2024 -- Verdagy, a green hydrogen electrolysis company with over a decade of technology and product development, has been awarded a $39.6M grant (pending...
Blackstone Sells 319,500 SQFT Industrial Property in Sacramento for $33MM
By Kate Snyder
Another industrial sales transaction has been posted in Sacramento, showing that the market continues to attract investors. An entity affiliated with Revantage, a subsidiary of Blackstone, sold...
Republic Services Buys 155,000 SQFT Warehouse in North Highlands for $14.9MM
By Kate Snyder
The Sacramento area continues to record sales transactions in its industrial market. A warehouse traded hands in North Highlands recently for $14.9 million, or approximately $96 per...
GI Partners’ 244,000 SQFT Data Center Project Fails to Gain Approval from Santa Clara...
By Kate Snyder
A project that would bring a new data center to Santa Clara has a few more obstacles to clear to move forward. The Santa Clara Planning Commission,...
Overton Moore Proposes ~1.5MM SQFT Industrial Project in Livermore
By Kate Snyder
The Bay Area could see the construction of more than one million square feet of industrial space with the recent approval of a project in Livermore. According...
Prologis to Embark on a $25B Data Center Development Initiative
Prologis, the leading owner of warehouse spaces in the United States, has announced a strategic pivot towards the development of data centers, committing over $25 billion to this endeavor....
