Prime Data Centers Breaks Ground on Second Sacramento Facility

Prime Data Centers Breaks Ground on Second Sacramento Facility

Prime Data Centers, an international developer and operator of hyperscale and purpose-built data centers, has broken ground on SMF02, the second data center on its Sacramento campus. The 150,000-square-foot facility will deliver... Read more »
Almost Half Of Americans Push Back On AI Data Centers: Redfin

Almost Half Of Americans Push Back On AI Data Centers: Redfin

AI data centers are edging out apartments as the development Americans least want next door. Nearly half of U.S. residents oppose construction of an AI data center in their neighborhood, while 38... Read more »
Billionaire Mall Magnate, David Simon, Leaves Legacy of Shopping Centers Behind

Billionaire Mall Magnate, David Simon, Leaves Legacy of Shopping Centers Behind

David Simon, CEO of Simon Property Group—the largest mall owner in the country—died Sunday at age 64. He’d been diagnosed with pancreatic cancer in 2024—and, according to a press release, Simon passed away... Read more »
Amazon, Google, Microsoft Are Among Tech Giants Promising That Homeowners Won’t Pay Higher Electric Bills for Data Centers

Amazon, Google, Microsoft Are Among Tech Giants Promising That Homeowners Won’t Pay Higher Electric Bills for Data Centers

President Donald Trump has unveiled a sweeping new pledge from some of the nation’s biggest tech companies, promising that homeowners won’t foot the bill for power-hungry AI data centers. Under the deal... Read more »
In Southern California, the race is on to build data centers

In Southern California, the race is on to build data centers

Where Wilshire Boulevard begins in downtown Los Angeles, thousands of miles of undersea fiber-optic cables disappear into an ordinary-looking office tower. One Wilshire is the mother of all data centers in the... Read more »
MMCC Arranges M Loan on Trio of Retail Centers

MMCC Arranges $96M Loan on Trio of Retail Centers

Marcus & Millichap Capital Corporation (MMCC) arranged $96,025,000 for the refinancing of three multi-tenant retail centers located in North Hollywood, Bakersfield, and Ventura. Zack Metzner, Daizy Gomez and Linsey Farrahi, based out... Read more »
SITE Centers Sells Buena Park Mall for M

SITE Centers Sells Buena Park Mall for $53M

SITE Centers closed its $53 million sale of Buena Park Place, a roughly 209,000-square-foot grocery-anchored retail center, adjacent to the Knott’s Berry Farm theme park in Buena Park, JLL Capital Markets announced... Read more »