MARKET INTELLIGENCE FEED

Making a choice comes down to the specific requirements of the liquid cooling architecture in each implementation

Nvidia and IREN are targeting up to 5 GW of AI infrastructure deployment, with the Sweetwater, Texas, campus positioned as a flagship site for Nvidia’s DSX AI factory architecture.

On the heels of touting a “record-setting lease deal” at 9 West 57th Street, Soloviev Group has secured the year’s largest New York City commercial mortgage-backed securities (CMBS) loan for its flagship tower. The development firm, led by Stefan Soloviev, announced late Thursday it had landed a $1.8 billion CMBS refinance for the 50-story office [

Overlooked for decades, the Northwood neighborhood in West Palm Beach, Fla., is getting a major makeover. GL Homes is building new houses in the corridor, and luxury condo towers are slated for the area near Rybovich marina. The first splashy project out of the ground is Alba Palm Beach, a 22-story tower at 4714 North […]

Consulting firm Council Advisors has renewed its lease in Midtown East for another decade. The executive advisory company signed a 10-year extension on its 17,685-square-foot offices at BGO’s 31-story office tower at 685 Third Avenue, where it has been located since 2015, according to tenant broker Savills. Representatives of BGO did not immediatel

Walker & Dunlop’s top commercial real estate investment experts opened up on the risks facing the CRE financial system this week, primarily the multifamily market, whose 2019-to-2022 vintage has failed to generate returns for investors and has hurt sponsors and lenders alike. On Wednesday, the Walker & Dunlop Investment Partners team hosted

Private construction lender S3 Capital announced the final close of a fund that has raised $1.3 billion of total investable capital, supporting an expected loan origination capacity of approximately $4.3 billion, according to a Thursday announcement from the company. The six-year closed-end fund, S3 LB RE Credit Fund III, closes with $850 million o

Bun Mee, a fast-casual Vietnamese concept, is bringing its bánh mì sandwiches to the Big Apple. The San Francisco-based eatery has signed a lease at 115 East 23rd Street in Midtown South, establishing its first East Coast location, Commercial Observer has learned. The 10-year deal with landlords First Premier Properties spans approximately 2,200 sq

The $200 million investment will bring the company’s total domestic production capacity to 6 GW by late 2026.

Entertainment industry litigation firm Kuhn Law Group and four other tenants have signed new leases at 370 Lexington Avenue in Midtown East, Commercial Observer has learned. In the largest deal, Kuhn Law Group signed a 6,500-square-foot lease at Broad Street Development’s 27-story office tower on the corner of East 41st Street in a potential reloca

Developer Daniel Klaynberg has landed $28 million of construction financing to build a condominium tower in Manhattan’s Kips Bay neighborhood, Commercial Observer has learned. Castellan Capital supplied the two-year loan with a one-year extension option for Klaynberg’s planned 12-story, 43-unit building at 129 East 28th Street, which was initially

The California Public Utilities Commission approved a program allowing Pacific Gas and Electric Company and Citizens Energy Corporation to invest in energy bill assistance for low-income households.

Sheldon Solow famously kept occupancy low for decades at 9 W. 57th St., preferring exclusivity over cash flow at the office tower overlooking Central Park. His son, Stefan Soloviev, took a different approach after inheriting the family business in 2020....

The winner of DataVita’s OpenClaw Challenge will receive a permanent AI data center role and £35,000 starting salary.

Battery technology company Unigrid has developed a sodium-ion chemistry that can theoretically last for more than two decades while retaining more than 80% of its initial energy storage capacity. Company CEO Darren Tan says that will inevitably lead to a new zero-down leasing model that locks in a long-term source of revenue while delivering benefi

G&W Electric acquired Safegrid, a Finland-based grid monitoring solutions provider, enhancing its digital capabilities for utilities.

The founder and longtime CEO of data center giant QTS is launching a new digital infrastructure development firm, just a year after accepting a $3B buyout to depart his former company.

New York lawmakers and Gov. Kathy Hochul have reached a tentative $268 billion state budget agreement for the fiscal year 2027 that reduces red tape for developers. Hochul announced Thursday that the state would reform the 50-year-old State Environmental Quality Review Act (SEQRA), making housing and other infrastructure projects easier to pencil w

If you build it, they will buy it. This was one of the key points made at a panel discussion this week on the current nature of New York City residential development hosted by residential brokerage hegemon Compass at the new Bergen Brooklyn development at 323 Bergen Street in Boerum Hill. While certain styles and […]

This is the third such deal between EDP Renewables and Meta, bringing the total procured energy between the two companies to 545 MW.

Wohio Holding’s 22-story office building at 16 East 34th Street has leased two full floors to workspace provider Corporate Suites, Commercial Observer has learned. The office and retail building, located between Madison and Fifth avenues a block east of the Empire State Building, will host Corporate Suites across its entire 18th and 19th floors. Th

Cushman & Wakefield posted record revenue first-quarter results in 2026, beating analysts’ estimates, despite recording a small loss. Global revenue grew to $2.5 billion, up by 11 percent compared to the same time last year — the highest for a first quarter. Earnings per share stood at 15 cents, more than the 12 to 13 […]

Wyoming governor Mark Gordon is welcoming the hyperscalers to the Cowboy State

Exploring how Neocloud providers are reshaping AI infrastructure, from GPU scale and deployment speed to power, cooling, and the future of cloud competition