Commercial

Vermaland LLC, an Arizona land developer, has proposed building a $33 billion data center park on 3,300 acres between Phoenix and Tucson. When complete, it would become the largest such development in the U.S. An AI-generated rendering of the planned…

The Class A, 25-story office building is located in Uptown Dallas. Image courtesy of Yardi Research Data Cousins Properties has paid $218 million for The Link, a 292,000-square-foot lifestyle office building in Dallas, to Kaizen Development Partners. Newmark brokered the…

Elsewhere in Texas, Alliance is developing Ironhead Commerce Center, a four-building campus totaling more than 900,000 square feet. Image courtesy of Alliance Industrial Co. Alliance Industrial Co., in partnership with Northwestern Mutual, has closed on about 63 acres in Houston…

Joseph Pursley, Nuveen head of insurance, Americas. Image courtesy of Nuveen Nuveen and affiliate Nuveen Green Capital, which focuses on providing sustainable CRE financing solutions, have raised $785 million in new capital commitments for Nuveen C-PACE Lending Fund III. This…

Completed in 2006, The Shops at Atlas Park totals more than 370,000 square feet. Image courtesy of Ashkenazy Acquisition Corp. Ashkenazy Acquisition Corp. has purchased The Shops at Atlas Park, a 374,000-square-foot retail property in Queens, N.Y., from Macerich and…

The 10-property retail portfolio includes five Albertsons grocery stores. Image courtesy of Albertsons Agree Development, an affiliate of Agree Realty Corp., has acquired a 10-property, single-tenant net lease retail portfolio for $75.9 million. The properties are located across five states:…

CyrusOne’s first data center in the metro, dubbed DFW1, is at 1649 W. Frankford Road in Carrollton, Texas. Image courtesy of Yardi Research Data Energy Capital Partners, in joint venture with KKR, will build a $4 billion hyperscale data center…

Unfavorable conditions continue in the office sector as high vacancies, weak office-using employment growth and uncertain economic climate have created unease in the industry, according to the latest Yardi Matrix national office report. Among top office markets, Atlanta recorded the…

San Diego’s under-construction pipeline consisted of 2.6 million square feet of competitive office space across 16 properties as of May, according to Yardi Research Data. This represents 2.3 percent of its existing stock—well above the national rate of 0.9 percent.…

The August Issue of CPE Is Now Available! From the Editor Feature. Image by da-kuk/iStockphoto.cpm Ranking. Image by Who is Danny/stock.adobe.com Investment. Image courtesy of Midloch Investment Partners Tariffs. Image by Elena Bionysheva-Abramova/iStockphoto.com Economist’s View. Image by Dilok Klaisataporn/Shutterstock.com CDO…