Category: News

Downtown Office and Multifamily Product May be Next Casualties of COVID-19

Jun 2, 2020

BOSTON, MA — Boston Fed President Eric Rosengren lended his thought to Bloomberg for a piece about how novel Coronavirus pandemic will affect commercial real estate. This came after a recent bi-annual Financial Stability Report released by the Fed, which found that commercial real estate may be bound for a substantial decrease in prices thanks […] more

BOSTON, MA — Boston Fed President Eric Rosengren lended his thought to Bloomberg for a piece about how novel Coronavirus pandemic will affect commercial real estate. This came after a recent bi-annual Financial Stability Report released by the Fed, which found that commercial real estate may be bound for a substantial decrease in prices thanks […] more

CAPRE’s Digital Infrastructure Weekly Round-Up & Summary: Equinix Grabs 13 Bell Data Centers, Nautilus & KKR Raise the Bar for Sustainability

Jun 2, 2020

Equinix to Expand Canadian Operations with $750 Million USD Acquisition of 13 Bell Data Center Sites: Equinix, Inc. will purchase 3 data centers across Canada from Bell for $750 Million USD in an all-cash transaction. The 13 data center sites, which represent 25 Bell data center facilities, are expected to generate approximately $105 Million USD […] more

Equinix to Expand Canadian Operations with $750 Million USD Acquisition of 13 Bell Data Center Sites: Equinix, Inc. will purchase 3 data centers across Canada from Bell for $750 Million USD in an all-cash transaction. The 13 data center sites, which represent 25 Bell data center facilities, are expected to generate approximately $105 Million USD […] more

U.S. Unemployment Wave May be Cresting, but Murky Waters Still Ahead

May 29, 2020

The U.S. Department of Labor has announced that while nearly 4 million people came off unemployment benefits in May, the unemployment rate is still expected to jump to nearly 20% in May. The official number of current employment claims for May exceeded 21.05 million, while the total number of claims since March has totaled over 40 […] more

The U.S. Department of Labor has announced that while nearly 4 million people came off unemployment benefits in May, the unemployment rate is still expected to jump to nearly 20% in May. The official number of current employment claims for May exceeded 21.05 million, while the total number of claims since March has totaled over 40 […] more

Naftali Group Awakens NYC CRE Market from Slumber with $100 Million Brooklyn Acquisition

May 29, 2020

The Naftali Group, headed up by Miki Naftali, has announced the finalization of their $102.38 Million USD Williamsburg acquisition. The 800,000 square-foot Brooklyn property is located at 470 Kent Avenue. This parcel is one of few remaining large development sites in this neighborhood of Williamsburg, and is adjacent to the Brooklyn Navy Yard. The news […] more

The Naftali Group, headed up by Miki Naftali, has announced the finalization of their $102.38 Million USD Williamsburg acquisition. The 800,000 square-foot Brooklyn property is located at 470 Kent Avenue. This parcel is one of few remaining large development sites in this neighborhood of Williamsburg, and is adjacent to the Brooklyn Navy Yard. The news […] more

CAPRE’s Digital Infrastructure Weekly Round-Up & Summary: Schneider Electric + Aveva Double Down on Partnership, Nvidia Hits $1 Billion in Quarterly Sales

May 27, 2020

Schneider Electric + AVEVA Double Down on Partnership: Schneider Electric and AVEVA have expanded their partnership to deliver innovative solutions for the data center market. The combination of AVEVA’s scalable industrial software with Schneider Electric’s EcoStruxure™ for Data Centers control and monitoring capabilities enables both deep and expansive visibility to day-to-day operations. Deployment of the […] more

Schneider Electric + AVEVA Double Down on Partnership: Schneider Electric and AVEVA have expanded their partnership to deliver innovative solutions for the data center market. The combination of AVEVA’s scalable industrial software with Schneider Electric’s EcoStruxure™ for Data Centers control and monitoring capabilities enables both deep and expansive visibility to day-to-day operations. Deployment of the […] more