Chicago
Data Center Vacancy Hits Near Zero as AI Demand Outruns Power and Permitting
With vacancy at essentially zero and tenants signing leases three years before space delivers, Digital Realty Chief Executive Officer Andy Power and CBRE’s...
Pebblebrook Clinches $43.5MM Sale of Chamberlain West Hollywood, Pushes Disposition Tally Past $1B
The REIT’s retreat from Los Angeles hospitality is now funding debt reduction, preferred equity retirement and share buybacks rather than reinvestment. Pebblebrook Hotel...
Sterling Bay, Harrison Street Land $290MM Refinancing for 525,000 SQFT Pacific Center in San Diego
Peregren Capital Group provided the loan, which includes $162.5 million of future funding, as the joint venture pushes leasing at its newly delivered...
Los Angeles Sits Out the AI Office Boom Lifting Bay Area and Manhattan
Tech leasing in Los Angeles grew modestly in 2025 but ranked outside the top tier of tech gateways, as artificial intelligence capital and...
AvalonBay and Equity Residential Forge $69B Apartment Titan in All-Stock Merger of Equals
The combination of the nation’s two largest multifamily REITs creates a 180,000-unit powerhouse with dominant positions in Los Angeles, New York and Greater...
Healthcare and New Development Prop Up Orange County as Job Growth Stalls Across Southern California
UCLA Anderson Forecast finds the region’s labor market frozen even as gross county product climbs, with housing affordability and AI-driven layoffs reshaping the...
Blackstone Mortgage Trust Covers Dividend Third Straight Quarter as Platform Pivots Toward Data Centers and Net Lease
The $19.7 billion CRE lender posted a GAAP net loss but distributable earnings cleared the dividend hurdle, signaling that a portfolio reset built...
Apartment Titans AvalonBay and Equity Residential Eye $50B Merger That Could Redraw US Rental Map
The two largest US apartment REITs are in early-stage talks on a combination that would create a roughly 200,000-unit landlord and reignite REIT...
U.S. Life Sciences Vacancy Tops 70% of New Deliveries as 60MM SQFT Pipeline Reshapes Market
Savills says supply surge from pandemic-era development boom is outpacing demand, leaving major lab projects unleased across key hubs A development cycle that...
Spring Break Rebound Pushes U.S. Office Occupancy Past 54%, but a Stark Regional Divide Persists
The latest Kastle Systems data reveals accelerating return-to-office momentum nationally, with Texas metros nearing pre-pandemic attendance and Class A+ buildings approaching full capacity—while...
Los Angeles Ranks Among Top U.S. Markets for Self Storage Conversions as Office Buildings Find New Life
With more than 226,000 square feet of conversion projects underway, the city’s adaptive reuse pipeline extends well beyond the housing sector. Los Angeles...
Amazon Pulls the Plug on Fresh and Go Stores in Strategic Retreat from Grocery Ambitions
The e-commerce giant is shuttering all 72 experimental retail locations as it refocuses on Whole Foods and delivery Amazon.com Inc.’s bold experiment in...
