Don't see images? Click Here SUBSCRIBE FOR FREE MANAGE EMAIL PREFERENCES
Bisnow - (Almost) Never Boring
February 20, 2023

Data Center REITs Paint Rosy Picture Even As Largest Tenants Slow Growth

Selig Enterprises SVP Malloy Peterson Discusses Ongoing Work At The Works. Join Her And Other Industry Experts April 27
Despite the slowdown hitting the cloud industry, the largest data center providers insist they aren't going to feel the pinch.

Data Center REITs Paint Rosy Picture Even As Largest Tenants Slow Growth

Data center REITs Equinix and Digital Realty reported strong quarterly earnings figures last week, and their executives said they see robust revenue growth and an expanding development pipeline continuing into 2023.These optimistic projections come despite the slowing growth of cloud providers like Amazon Web Services, Microsoft and Google, which are by far the…

Read the full story here.

  Share:  
 
Perforation

Top Stories on Bisnow.com

U.S. Construction Industry Short Half A Million Workers This Year U.S. Construction Industry Short Half A Million Workers This Year
Amazon To Mandate 3 Days A Week Of Office Work Amazon To Mandate 3 Days A Week Of Office Work
Financial Modeling With Untrended Rents Protects The Bottom Line. But At What Cost? Financial Modeling With Untrended Rents Protects The Bottom Line. But At What Cost?
Life Storage Rejects Public Storage's $11B Takeover Bid Life Storage Rejects Public Storage's $11B Takeover Bid
Perforation

Georgia In Talks To Buy, Preserve 14,000 Acres Slated For Development Near Planned Factories

Georgia In Talks To Buy, Preserve 14,000 Acres Slated For Development Near Planned Factories

The Georgia state government is in talks to acquire a massive swath of undeveloped land in North Georgia with the goal of preventing developers from transforming the wildlife and recreation area into a mix of warehouses, commercial buildings and residential properties.The Georgia Department of Natural Resources is in talks with the land's…

Read the full story here.

  Share:  
 
Perforation

This Week's Atlanta Deal Sheet: Atlanta Property Group Pivoting To Industrial, Third-Party Management

Atlanta Property Group is expanding its third-party leasing and management services as the economy sours for suburban office properties.

This Week's Atlanta Deal Sheet: Atlanta Property Group Pivoting To Industrial, Third-Party Management

The full-service real estate firm owns 1.9M SF of office, but it announced this week it is expanding its focus to industrial properties under Managing Partner Shep Dinos’ direction. APG owns seven area office properties, including Palisades in Central Perimeter, Ameris Center in Buckhead and Overlook I in Cumberland/Galleria.The firm landed 1M SF…

Read the full story here.

  Share:  

 
Perforation

In Case You Missed It...

Cousins CEO: Sun Belt Office Is Healthy, But Rife With Obsolescence Cousins CEO: Sun Belt Office Is Healthy, But Rife With Obsolescence
Secureworks Listing 77K SF Of Its HQ For Sublease As It Lays Off Hundreds Secureworks Listing 77K SF Of Its HQ For Sublease As It Lays Off Hundreds
After Microsoft's 'Slap In The Face,' Westside Atlanta Leaders Grapple With What Comes Next After Microsoft's 'Slap In The Face,' Westside Atlanta Leaders Grapple With What Comes Next
Cushman & Wakefield Marketing 5 Pittsburgh Yard Sites To Developers Cushman & Wakefield Marketing 5 Pittsburgh Yard Sites To Developers
 
Perforation

Meet The 33-Year-Old CRE Exec Who Shocked The Tennis World Last Week With A Major Tournament Upset

Matija Pecotić wasn't expecting to have to ask his bosses at Wexford Real Estate Investors for an additional day off last week. But that's what happens when you're a part-time pro tennis player, full-time director of capital markets after the biggest win of your life. And nothing about Pecotić's life has been expected. 

Read the full story here.

 
Perforation

Newsmakers: Managing Director Jessica Lall On CBRE, Civics And The Future Of Downtowns

 

Jessica Lall has been at her position as managing director of CBRE’s Downtown LA office for less than two months, but she’s no newcomer to the market. 

Lall came to CBRE from the Central City Association, an advocacy organization representing businesses and property owners active in Downtown, and during her time there she also ran for Los Angeles mayor. Prior to that she was the executive director of the South Park Business Improvement District, a similar advocacy group for a neighborhood within Downtown that includes LA Live, the Staples Center and convention center, numerous office buildings and many of the pricey high-rises that have sprung up over the last five to seven years. Lall also worked as senior policy director in the Department of Economic and Business Policy under former Los Angeles Mayor Antonio Villaraigosa in the early 2010s.

Speaking with Bisnow, Lall discussed using her extensive experience to help the Downtown office and other offices become more actively engaged in policies that affect the markets in which they work and what she sees in DTLA’s future.

Read the full story here.

Perforation

PODCAST: Developer Bruce Teitelbaum On Why He Is NYC Development's 'Sacrificial Lamb'

 

On this episode of Bisnow Reports, we speak with Bruce Teitelbaum, a developer who is proposing a two-tower mixed-income housing development at 145th Street and Lenox Avenue.

His proposals have been staunchly opposed by local City Council Member Kristin Richardson Jordan. Teitelbaum withdrew the zoning application for the project in May and is now operating a truck depot on the site, which has drawn ire from local politicians, as well as the threat of a lawsuit from the New York attorney general.

The proposed development, which Teitelbaum now calls One45 Harlem for All, would bring more than 900 units to the area, with a little more than half set aside as affordable housing. Richardson Jordan has called for 100% deeply affordable units.

Teitelbaum has begun the zoning process once more, and on the show, he talks about his decision to open a truck depot, his hopes for getting a resolution and why he thinks his proposal has played a part in reshaping the conversation on housing approvals in New York.

“A lot of folks have called me and said, ‘You, unfortunately, were the sacrificial lamb. You went through this first, but it opened a lot of people’s eyes about what is happening in the city,'” he said. “These are all things people are thinking about now that I think perhaps a year ago they may not have been.”

Read the full story here.

 
 
BISNOW
 
       
 
You are receiving this email because you are either a member of the Bisnow community, have attended a Bisnow event, because you have a legitimate interest in real estate news and events because of your profession, or because of your business associations, memberships or partnerships.
 
This email was sent to: newsletter.archives@bisnow.com
 
   
 
123 William St, Suite 1505, New York NY 10038
Newsletter Approval Code: 65115