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The Sun Belt Isn’t Overbuilt — It’s Uneven
DataBank Lands $2B Construction Loan for AI-Ready Texas Campus
A Shrinking Land Pipeline Is Driving Up Costs Nationwide
Penn Station Is Now Manhattan’s Office Relocation Destination
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

The Sun Belt Isn’t Overbuilt — It’s Uneven
The Sun Belt Isn’t Overbuilt — It’s Uneven

Metro-wide rent data is masking a sharp divide, and investors reading only the headline numbers are missing the play.

THE TAKEAWAY

DataBank Lands $2B Construction Loan for AI-Ready Texas Campus
DataBank Lands $2B Construction Loan for AI-Ready Texas Campus

A $2B financing deal is speeding up delivery of a fully leased, AI-powered data center campus just south of Dallas.

THE TAKEAWAY

A Shrinking Land Pipeline Is Driving Up Costs Nationwide
A Shrinking Land Pipeline Is Driving Up Costs Nationwide

A 24% drop in land listings is reshaping development economics.

THE TAKEAWAY

Penn Station Is Now Manhattan’s Office Relocation Destination
Penn Station Is Now Manhattan’s Office Relocation Destination

Nearly a quarter of all Manhattan office relocations over the past three years landed in one submarket, and most tenants arrived with bigger footprints.

THE TAKEAWAY

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