New York-based Related Cos. launched a data center business that the developer says already has a $45B near-term development pipeline.
As quickly as the specter of a reprieve from Measure ULA arose, it has receded.
Sources tell Bisnow that Mayor Karen Bass has, in private conversations and at private events, said that she has abandoned efforts to find a way to pause Measure ULA as part of the rebuilding effort following January’s historic fires.
Middle Street Partners is trying to stand out amid a deluge of developers of new apartments fighting for renters in Atlanta.
As the federal government’s massive portfolio of owned and leased office space has been thrown into uncertainty, Massachusetts has a series of major properties that could be at risk.
The state has 115 federal office leases totaling 1.7M SF in privately owned buildings and another 4.3M SF of federally owned buildings, according to Bisnow’s analysis of General Services Administration data.
Many of the leases are small, but 43 of them are more than 10K SF and 17 are over 20K SF. The largest lease is the FBI’s 220K SF Boston field office.
The data center industry has embraced natural gas as a near-term solution to its power shortage, but a supply chain bottleneck for gas turbines could throw a wrench in the gears.
A 442K SF, 19-story office building in Houston’s Galleria area may be foreclosed upon following the loss of its only tenant, oil, gas and chemicals company Bechtel Energy.
From industrial warehouses to life sciences laboratories, facility service workers play a vital role in maintaining commercial properties.
In Houston — one of the nation’s largest cities, with an economy that is growing exponentially — these workers are the backbone of the city’s operations, said Mike Daley, Senior Vice President at CCS Facility Services.
Harris County, which encompasses Houston and surrounding suburbs, has approximately 550,000 workers in the professional services sector. This includes janitorial professionals, security guards, building maintenance technicians and more.
In the professional janitorial sector, which involves everything from cleaning carpets and floors to emergency water restoration and infectious disease response, subcontracting is a…
The most sweeping tariffs since President Donald Trump took the White House are set to go into force next week. It’s at least the third attempt at imposing the fees, and the president himself may be the only person who really knows if they’ll actually be levied.
Still, Matthew Sharp, the co-founder of multifamily investment firm Hamilton Point Investments, knows one thing is certain about a trade war.
“This will be really bad for developers, really bad for tenants, for residents, but it’s actually kind of good for people like me and for owners of current properties,” Sharp said.
Demand for medical office buildings was up just about everywhere last year as healthcare providers deprioritized overnight hospital stays and emphasized bringing services to neighborhood settings.
But no market absorbed quite as much as greater Philadelphia.
The BioCapital Region, which includes Washington, D.C., Maryland and Virginia, is one of the top life sciences clusters in the United States.
Prince William County has rapidly emerged as a key player in Northern Virginia’s life sciences sector. The Prince William County Department of Economic Development and Tourism, or PWCDEDT, has been focused on diversifying the economy and leveraging assets like George Mason University’s Science and Technology Campus to attract innovative companies to the region.
PWCDEDT Deputy Director Trevor Johnson said that the county’s life sciences growth can be traced back to its abundant rural land, offering a rare opportunity for expansion in…