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Texas Set to Overtake Virginia as U.S. Data Center Hub by 2030
business9 days ago

Texas Set to Overtake Virginia as U.S. Data Center Hub by 2030

Texas is on track to become the largest U.S. data center market, potentially surpassing Northern Virginia by 2030. The state already has about 6.5 GW of data center capacity under construction and is attracting major AI infrastructure investments from Amazon, Microsoft, Google, and Meta. Nationwide, more than half of new data center development is leaving traditional hubs as markets like Tennessee, Ohio, Wisconsin and Texas rise. The overall pipeline could reach roughly 35 GW, underscoring Texas’s appeal due to abundant energy resources and ambitious projects in sites like Abilene and West Texas.

"Manhattan's Office Market Shows Resilience in Real Estate Surveys"
real-estate2 years ago

"Manhattan's Office Market Shows Resilience in Real Estate Surveys"

Surveys by CBRE and JLL show that Manhattan's office market, particularly in the top tier, is thriving with high demand and low availability, especially on market-driving Park Avenue. Major tenants like PJT Partners and DoorDash have expanded their office spaces, indicating growth and expansion among larger occupants in 2023. The reports highlight the resilience and strength of the Manhattan office market, with significant lease signings and increased demand for premium office spaces.