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CBRE Investment Management, an independent affiliate and specialized investment arm of CBRE, has expanded its U.S. retail platform with the acquisition of a grocery-anchored portfolio spanning five states, according to a Wednesday announcement. In a joint venture with Baltimore-based investment and management firm MCB Real Estate, the firms bought
Grid operator PJM has reopened its standard interconnection process to new generation projects, after closing the standard process to new applicants in 2022 to completely clear its backlog.
Federal Reserve Chairman Jerome Powell’s last scheduled meeting leading the Federal Open Market Committee (FOMC) ended with a third straight interest rate hold and signs of growing dissent among the board. The widely anticipated move two weeks before Powell’s second term as chair ends May 15 and two months after the onset of war in […]
The announcement of the company’s latest module power electronics project came alongside Q1 2026 earnings that showed a 20.6% decrease in year-over-year revenue numbers amid a steep decline in domestic demand.
As artificial intelligence demand surges and large tech companies continue to expand, Class-A office space in top markets is benefiting from the activity. At the end of the first quarter, BXP had leased 1.1M SF across 68 transactions. The firm's central...
As AI data center growth accelerates, community opposition is shifting from local disputes to lawsuits, regulation, and political action, emerging as a new constraint on infrastructure development.
It was a good 2025 for the biggest Class A office owner in the country, and the first quarter of 2026 was no different. BXP, which boasts a current portfolio of 50.4 million square feet across 164 properties, completed 68 leases during the first quarter of 2026 totaling more than 1.1 million square feet, including […]
While Center City is on a residential upswing with a wave of newly converted apartments leasing up, a lack of business growth remains a roadblock for the neighborhood’s post-pandemic economic recovery.
Premier Equities, through the entity Premier 1151-1153 Broadway, has offloaded the office and retail building 1151 Broadway for $29.2 million, according to city records made public Tuesday. The New York-based private real estate investment firm founded by Yaron Jacobi and Uzi Ben Abraham lists its own office address inside the four-story building,
The acquisition of Elea Data Centers by I Squared Capital will fuel the Brazilian digital infrastructure operator’s expansion plans, according to the company’s founder.
Blackstone Mortgage Trust (BXMT) registered a first-quarter loss of $6.3 million, but exceeded Wall Street expectations. The publicly traded mortgage real estate investment trust (REIT) reported a net loss of 4 cents per share with a distributable earnings per share of 49 cents, which beat analysts’ estimates of 38 cents. It had $46 million of [
The two men will appear in court next month
Equity Residential is especially grateful for New York City and San Francisco. Executives at the urban multifamily-focused real estate investment trust with 312 properties and more than 85,000 apartments said during a first-quarter earnings call Wednesday morning that the two markets accounted for roughly 30 percent of its net operating income (NOI
Mangia! Mangia! Italian restaurant Olio e Più has signed a roughly 5,000-square-foot lease at 106 Third Avenue in Manhattan’s East Village, the former home of craft beer pub Brazen Fox, Commercial Observer has learned. The eatery’s new space is spread over two floors, with an outdoor patio on the second floor, according to Murro Realty’s […]
Will now go to a third meeting
Seb Moss speaks with Fabien Vieu of Sepia Infrastructure on developing European hyperscale campuses, land strategy, long-term asset management, and building community trust through responsible data center development.
Company aims high with planned pipeline
Ferveret says fanless, waterless cooling can unlock more compute from fixed power, but deployments remain in pilot stage.
The PG&E PowerHouse brings together bidirectional electric vehicles, smart electric panels and advanced meters, high‑efficiency appliances, and smart EV charging and energy management into a single home environment.
Works expected to cost $23m
Lead time for new facilities increases by 23 percent on average
After more than a year of pulling double duty in executive roles with Industrious and CBRE, Jamie Hodari is seeking someone new to run the coworking platform.
The lights are bright in Tribeca. Tillotson Design Associates, a lighting design firm known for its architectural approach to lighting, has renewed its 4,972-square-foot office lease at 40 Worth Street in Tribeca, landlord GFP Real Estate announced Wednesday. The company has been a tenant in the building since 2005. With this renewal, Tillotson has