Data centers had a fantastic first half of 2021, with strong absorption delayed only by a lack of supply, reported Cushman & Wakefield, Chicago.
Tag: Cushman & Wakefield
Dealmaker: Cushman & Wakefield Arranges $144M in Industrial, Retail Sales
Cushman & Wakefield, Chicago, arranged the $105.6 million sale of Apple Valley Industrial Portfolio, a four-building industrial portfolio in Duncan, S.C.
Industrial Sector Demand, Deliveries Reach New Records
The industrial sector saw record-setting demand and deliveries in first-half 2021, reported Cushman & Wakefield, Chicago.
Dealmaker: Cushman & Wakefield Arranges $750M for Bay-Area Office Campus
Cushman & Wakefield, New York, arranged $750 million to refinance Burlingame Point, a Class A office, R&D and life sciences campus on the San Francisco peninsula.
Dealmaker: Cushman & Wakefield Arranges $101M Multifamily Property Sale
Cushman & Wakefield, Chicago, arranged the $101.25 million sale of a five-property portfolio totaling 1,011 apartment units in Orlando and Tampa, Fla.
Dealmaker: Cushman & Wakefield Arranges $70M for Industrial Portfolio
Cushman & Wakefield, Chicago, partnered with Camber Real Estate Partners, Montclair, N.J., to procure $69.5 million for a 25-building light industrial portfolio.
Data Centers Seeing Strong Capital Inflow
Data centers, once a niche investment, have grown into a cornerstone of the information economy and are seeing considerable investment, analysts said.
Hotel Profitability Improves Slightly
U.S. hotel gross operating profit per available room improved slightly from prior months in January, but remains in the low single digits, reported STR, Hendersonville, Tenn.
‘A Relative Holding Pattern’ For Offices
The office market has seen less deterioration during the pandemic recession than it did during the Great Recession, but it’s not out of the woods yet, reported Moody’s Analytics REIS, New York.
Dealmaker: Cushman & Wakefield Arranges $360M Refinancing for 100 Park Avenue
Cushman & Wakefield, Chicago, arranged $360 million to refinance 100 Park Avenue, a 36-story office property in Midtown Manhattan.