Bitcoin miners and traditional data center providers previously operated in vastly different ecosystems, but the AI boom is creating new overlap.
A nonprofit partnership aims to redevelop an existing job training facility into an apartment building with an 18K SF community service center.
In a survey of global CEOs, 83% said they expected their companies to shift back to five days in the office in the next three years, up from 64% last year.
Chicago's Class-A office availability rate dropped 20 basis points quarter-over-quarter, the first decline in that stat since before the onset of the pandemic.
CEO Matt Kelly said the REIT is no longer looking to sell D.C. office buildings because of how far their values have fallen.
Greg Herren, who has been with the firm since 2000, has been named its new president and CEO.
Utilities are changing core business practices to respond to a data center-driven surge in electricity demand.
Amazon Web Services unveiled redesigns of many components in its data centers meant to increase performance and efficiency amid an AI-driven power surge.
It had leased the space in 2022, before the facilities were even completed.
Prologis, one of the largest industrial REITs, may not be immune to the headwinds facing the industry.
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