Construction In Top Data Center Markets Slows For First Time In Years
Data‑center construction in North America’s eight primary markets fell to 5,994 MW at the end of 2025, marking the first year‑over‑year decline since 2020. Vacancy in these hubs is a historic low of 1.4%, while rent for 3‑10 MW spaces jumped 12.5% year‑over‑year. Permitting, zoning and power‑procurement challenges, coupled with tighter financing, are delaying projects despite soaring AI‑driven demand. Meanwhile, 64% of new capacity is shifting to frontier markets, signaling a geographic rebalancing of the sector.
Koll Co. Buys $21.5M Centennial Manufacturing Property: The Denver Deal Sheet
Koll Co., a California‑based real estate firm, acquired the 112,500‑square‑foot Plastic Molding Technology plant in Centennial for $21.5 million. The single‑tenant warehouse sits on 7.4 acres and features a 6,000‑amp electrical system designed for precision manufacturing. This purchase follows Koll’s 2025...
Planet Fitness Plots Course For Almost 200 New Locations In 2026
Planet Fitness announced plans to open between 180 and 190 new clubs in 2026, mirroring its 2025 expansion of 181 locations. The chain ended 2025 with 2,896 clubs worldwide and expects most of the 2026 openings to occur in the...
Aimco Sells Apartment Complex For $69M: The South Florida Deal Sheet
Denver‑based Apartment Investment and Management Co. (Aimco) has sold its 372‑unit Plantation Gardens Apartment Homes in Plantation, Florida, to Harbor Group International for $69 million. The buyer also assumed the property’s $60 million Fannie Mae mortgage originated by JLL Real Estate Capital. The...
Dallas Apartment Tower Sells To Kushner Cos.: The DFW Deal Sheet
Kushner Cos., the family firm of Jared Kushner, purchased the 28‑story, 330‑unit Eastline Residences luxury apartment tower in Dallas from Convexity Properties. The high‑rise has sustained roughly 95% occupancy since its 2021 delivery and posted about 4% rent growth over...
Town Lane's ShopOne Platform Acquires 2 Shopping Centers In Raleigh-Durham Region
Town Lane, the real‑estate firm founded by former Blackstone executive Tyler Henritze, has expanded its ShopOne platform by acquiring two suburban shopping centers in the Raleigh‑Durham area for over $15 million. The 55,000‑sq‑ft New Hope Plaza and the 63,000‑sq‑ft Creedmoor Commons...
Hines Sells Bond Street Trophy For £195M
Hines has sold the mixed‑use 80 New Bond Street building in London’s West End for £195 million, delivering a net initial yield of 3.7%. The buyer, Allwyn – the Czech company that operates the UK National Lottery – acquired the 41,000‑square‑foot...
Nursing Facility Sells For $79M: The D.C. Deal Sheet
BridgePoint Healthcare sold its skilled nursing facility at 4601 Martin Luther King Jr. Ave. SW in Washington, D.C. to Hill Valley Healthcare for $79 million, a dramatic increase from the $8.5 million price in 2014. Hill Valley financed the purchase with a...
Novare Closes Out Its SkyHouse-Branded Apartment Tower Era With Buckhead Sale
Novare Group sold its last SkyHouse‑branded asset, the 26‑story SkyHouse Buckhead in Atlanta, for $83.4 million, ending its ownership of the 18‑tower SkyHouse program. The tower, built in 2015 with Ackerman & Co., NGI Investments and Batson‑Cook, was a flagship Class‑A multifamily project...
Hulking Wilmington Office Slated For Resi Conversion Following Life Sciences Firm's Exit
Buccini Pollin Group has purchased the 500,000‑square‑foot Bracebridge office complex from life‑sciences firm Incyte, announcing a mixed‑use redevelopment that will add residential units above ground‑level office and retail. Incyte will retain an 80,000‑square‑foot lease, while the developer aims to finish construction...
PMG To Build Another Supertall Next To Waldorf Astoria
Property Markets Group (PMG) announced a 90‑story, 985‑foot Delano‑branded condo tower at 400 Biscayne Blvd., adjacent to its 1,096‑foot Waldorf Astoria development in downtown Miami. The 421‑unit project will launch sales in March with prices starting at $800,000, offering studios...
Host Hotels Sells 2 Four Seasons Properties For $1.1B
Host Hotels & Resorts sold its Four Seasons Resort Orlando and Four Seasons Resort & Residences Jackson Hole for a combined $1.1 billion, exceeding the $925 million it paid for the assets. The transactions, likely to BDT & MSD Partners, required no major capital...
Capital Shift: Office-To-Residential Conversions Accelerate In The DMV
Office‑to‑residential conversions are rapidly reshaping the DMV, with more than 6,500 residential units now in the pipeline. The region needs roughly 320,000 housing units by 2030, leaving a shortfall of about 100,000 units that obsolete office space can help fill....