Cloud computing is spurring growth in the market for data centers, with cloud services providers like Amazon Web Services, Google, IBM, Microsoft Azure and Oracle driving the demand.
With the changes, about 6.5 million square feet (604,000 square meters) of new offices could be built in the area, which is anchored by Grand Central Terminal.
The U.S. health-club industry grew 7 percent to $27.6 billion in revenue last year, according to the International Health, Racquet & Sportsclub Association.
Invitation Homes and Waypoint Homes plan to combine to form a single-family rental giant, reports the Wall Street Journal. Payless ShoeSource has emerged from Chapter 11 bankruptcy, according to CNBC. These are among today’s must reads from around the commercial real estate industry.
Key Accounts Manager/New England and Canada Matt Butcher
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The percentage of NREI survey respondents who believe we are currently at the peak of the market totaled 52 percent in July 2017.
Cloud computing is spurring growth in the market for data centers, with cloud services providers like Amazon Web Services, Google, IBM, Microsoft Azure and Oracle driving the demand.
Latest report shows agonizingly slow progress in office sector.
Invitation Homes and Waypoint Homes plan to combine to form a single-family rental giant, reports the Wall Street Journal. Payless ShoeSource has emerged from Chapter 11 bankruptcy, according to CNBC. These are among today’s must reads from around the commercial real estate industry.
