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Blackstone’s Data Center Empire Swells to $200B as It Doubles Down on AI
BXP’s $2B Midtown Office Tower Reaches Major Milestone
Power Access Overtakes Land and Labor in US Site Selection
Texas Job Growth Triples the Nation’s as Mortgage Rates Top 7%
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

Blackstone’s Data Center Empire Swells to $200B as It Doubles Down on AI
Blackstone’s Data Center Empire Swells to $200B as It Doubles Down on AI

The private equity giant is treating computing capacity as its next great asset class.

THE TAKEAWAY

BXP’s $2B Midtown Office Tower Reaches Major Milestone
BXP’s $2B Midtown Office Tower Reaches Major Milestone

A major REIT is advancing a half-leased Midtown trophy tower into a market starved for new space.

THE TAKEAWAY

Power Access Overtakes Land and Labor in US Site Selection
Power Access Overtakes Land and Labor in US Site Selection

Electricity has become the make-or-break factor deciding where America’s biggest projects get built.

THE TAKEAWAY

Texas Job Growth Triples the Nation’s as Mortgage Rates Top 7%
Texas Job Growth Triples the Nation’s as Mortgage Rates Top 7%

Texas keeps outhiring the country, but a 7% mortgage rate and a Fed hike test how long the gap can hold.

THE TAKEAWAY

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