Up In Smoke: The Cannabis Industry Faces Unique Risks. How Can Operators Ensure They’re Covered?

April 9, 2025 / no comments

Cannabis has become a major industry in the U.S. The cannabis market is projected to reach $45.3B in 2025 and grow annually by 2.24%, reaching nearly $50B by 2030.
As the number of cannabis farms and dispensaries continues to grow, these operators need to ensure that they are protected from the risks all businesses face and those that are unique to cannabis operations. 
“Cannabis operators, whether they are cultivators, producers or sellers, face a lot of increased hazards, including fire, theft, vandalism and equipment breakdown,” said Goodman-Gable-Gould/Adjusters International. or GGG/AI, Senior Vice President Anthony D’Amico. “The losses that could be sustained as a…

‘The Great Gold Rush’: Power-Ready Land Is A Hot Commodity As Data Center Developers Swarm

April 9, 2025 / no comments

Discovering land has the infrastructure to supply hundreds or thousands of megawatts of electricity is now like striking oil or hitting the jackpot.
Power infrastructure is significantly increasing the value of some property, bringing owners and developers out of the woodwork to see if their holdings can help meet the insatiable demand brought by hyperscale data centers amid an artificial intelligence boom.
The phenomenon is making a handful of landowners in Texas and other data center hot spots overnight tycoons. Others are paying big bucks to see if their properties can cash in.

Dublin Offices Turn Corner, But New Investment Runs Dry

April 8, 2025 / no comments

The worst is behind Dublin’s office sector, but the market needs speculative development and international capital, according to Eagle Street Partners CEO Shane Scully.
Speaking at the Bisnow Dublin Real Estate Outlook 2025 event last week, he said that in terms of attracting overseas investment, Ireland had a “good story to tell” and that in uncertain times, most investors are looking for stability, long-term acquisitions and a “boring investment environment.”
Scully said he believes the sales process at North Docks, the project jointly owned by NAMA and Oaktree Capital Management that failed to garner a bid last summer, reflected the market’s trough. 
“I think the bad news is behind…

Prologis Downgraded By Scotiabank Amid Tariff Turmoil

April 8, 2025 / no comments

The world’s largest industrial landlord was double downgraded by Scotiabank Monday, causing stocks to fall to a nearly five-year low. 
Prologis has been taken from Sector Overperform to Sector Underperform, meaning the REIT’s stocks are expected to perform worse than the industrial market overall in the coming months.
Scotiabank also reduced the price target to $97 from $133.
Prologis’ stock was $91.71 a share during Monday trading, down 6.6% from its previous close of $98.35, according to Seeking Alpha. As of midday Tuesday, the price remains the same. 
Weaker earnings at Prologis would mirror a broader slowdown in the industrial market. The national industrial…

UCLA Report: Measure ULA Has Curbed CRE Deals By Up To 50%

April 8, 2025 / no comments

Though commercial real estate professionals in Los Angeles have shouted from the rooftops that commercial sales and development were hit hard by Measure ULA, a new report from UCLA paints a clear picture of the impact.
The report, published last week by UCLA’s Lewis Center for Regional Policy Studies and written by UCLA’s Michael Manville and Mott Smith of the USC Sol Price School of Public Policy, found that commercial transactions in Los Angeles ZIP codes have dropped between 30% and 50% in the two years since Measure ULA went into effect. 
The report also suggests a set of amendments to ULA, including a change that…