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August 23, 2021

Bitcoin Miner Drills Into New Peachtree Corners Digs

[In-Person] Seven Oaks Co. & the Atlanta Braves weigh in on Cumberland's coming attractions Aug. 24

A fast-growing Utah company that mines for new cryptocurrency has acquired an Atlanta-area building to expand its operations in Georgia.

Bitcoin Miner Drills Into New Peachtree Corners Digs

CleanSpark Inc. has purchased Technology Park's 5295 Brookhollow Parkway in Peachtree Corners for $6.55M, according to a filing with the Securities and Exchange Commission. Stowers & Co. Associate Broker Milton Dortch represented CleanSpark in its purchase from Baltimore-based real estate investment firm MDRE Equities.The 87K SF flex office building is…

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The Federal Remote Work Shift Could Damage Office Markets Nationwide

The federal government, the largest occupier of commercial office space in the U.S., is re-evaluating its post-pandemic workplace strategy in a process that could lead to reduced footprints and depressed office demand in Washington, D.C., and across the country. 

The Federal Remote Work Shift Could Damage Office Markets Nationwide

President Joe Biden's administration in June directed federal agencies to draft long-term policies for their workplace and remote work strategies, and it told them to provide maximum flexibility. Several real estate professionals who work with the federal government, including two former heads of the General Services Administration's Public Buildings Service, told Bisnow they expect this…

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Needless Construction And Architectural Arrogance: Climate Crisis And The Future Of Work

The shift to hybrid work has the potential to have a huge impact on the battle against climate change — if the real estate industry can change its idea about the best way to make a profit, and corporate occupiers change their view on what constitutes an environmentally friendly building.

Of all the ways in which an increase in working from home can influence the carbon emissions of big cities in the U.S. and UK, by far the most significant is the impact on office demand. If office demand falls, then there should be less need to build new offices, experts said in the latest episode of the Bisnow podcast series Office Politics: The Battle For The Future Of Work

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Admit It, You Don't Really Know What A Data Center Is

 

For commercial real estate professionals, data center jargon can seem more from the realm of silicon chips than steel girders.

Until recently, the data center sector was a relatively siloed corner of commercial real estate — a niche for investors focused primarily on tech and digital infrastructure. But now, a wave of new investors is inundating the data center space.

These newcomers to data center investment face something akin to a language barrier. Even for a seasoned CRE pro, discussions around digital infrastructure are mired in sector-specific jargon that can be more tech than bricks-and-mortar.

HyperscalersEdgeMegawatts and latency?

Here’s a basic guide to demystifying some key terms and concepts around data centers.

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