INDUSTRY NEWS

Data Center Sector Continues Growth in 2025

JLL’s just-released “2025 Global Data Outlook” says that the international data center market is forecast to have a compound annual growth rate (CAGR) of 15% through 2027. Read More

Micron Relocating to Richardson

The City of Richardson is partnering with Micron Technology, a global company in semiconductor memory and storage, to renovate and relocate its North Texas offices into the Richardson Innovation Quarter. Read More

More Class A Industrial Coming to New Georgia Port

Avison Young has arranged the sale of the development site. Read More

IDV, Standard Break Ground on Houston Industrial Park

Delivery is expected in the third quarter. Read More

TRANSACTIONS

Chicago, IL– Range Group, HSA Commercial Acquire Land for Industrial Development

Chicago-based developers Range Group and HSA Commercial Real Estate have acquired two adjacent parcels. Read More

Roseville, MN – Realterm Acquires IOS Facility in Metro Twin Cities

Industrial outdoor storage facilities are a hot alternative property type. Read More

Abilene, TX – Oracle to Lease Abilene Data Center

Yesterday, ConnectCRE announced the development of an Abilene data storage facility as the first project for the Stargate program. Read More

Phoenix, AZ – LaSalle Acquires Industrial Park in Tempe

The suburban Phoenix properties total more than 536,000 square feet. Read More

QUOTE OF THE WEEK

“We’re seeing robust demand for industrial space from a variety of users, including e-commerce companies, third-party logistics providers, and manufacturers. This diverse demand base is a key factor supporting the sector’s resilience.”

– John Morris, President, Industrial & Logistics, CBRE (Source: CBRE’s “2025 US Real Estate Market Outlook” report, released early January)