U.S. industrial reporter: Highest annual rent increase on record; development pipeline reaches historic high by Released | Oct 28, 2022 Demand for space in the United States industrial market is slowly moving toward normalization after two years of frenzied imbalance, with emphasis on “slowly,” according to Newmark's Third Quarter Industrial Market Report.
PGE procures 311 MW from Clearwater Wind Farm in Montana by Released | Oct 28, 2022 Portland General Electric Co. (PGE) plans to procure 311 megawatts of energy from the Clearwater Wind project, a 775-MW wind site in Montana being developed by NextEra Energy Resources.
Meta to ramp up digital infrastructure investment by Kali Persall | Oct 28, 2022 Meta Platforms, the multinational technology conglomerate formerly known as Facebook, Inc., has increased its expected capital expenditure range for 2023, propelled by investments in data centers, servers and network infrastructure.
Grocery stores still seeing visits above pre-pandemic levels by Andrea Zander | Oct 28, 2022 Grocery visits have come down from their pandemic peaks, but weekly foot traffic to the category remained elevated relative to 2019 – at least during the first half of third quarter 2022, according to data by Placer.ai.
Croatan Investments makes first investment in Washington, D.C. by Released | Oct 27, 2022 Croatan Investments has acquired Midtown at Camp Springs.
Cove Capital takes Montana multifamily DST offering full cycle by Released | Oct 27, 2022 Cove Capital Investments announced it successfully brought its strategically located Cove Missoula Multifamily DST offerings full cycle on behalf of multiple 1031 exchange and direct cash investors.
ENGIE acquires 6GW of solar and battery storage capacity projects from Belltown Power U.S. by Released | Oct 27, 2022 ENGIE North America has acquired a 6-gigawatt portfolio of solar, paired and stand-alone battery storage development projects from Belltown Power U.S.
Transwestern Investment Group completes its largest fundraise to date by Kali Persall | Oct 27, 2022 Transwestern Investment Group (TIG), a real estate investment adviser with $7.3 billion of assets under management, has raised $325 million of commitments for its Transwestern Strategic Partners Fund III (TSP Fund III) — the firm’s largest fundraise to date.
Ascend Elements secures $300m in funding by Andrea Zander | Oct 27, 2022 Ascend Elements, a U.S.-based engineered materials and lithium-ion battery recycling company, has secured $300 million in equity and debt financing, including $200 million in Series C equity investments, from an international group of strategic and financial investors.
Hamilton Lane partners with Figure to launch blockchain-native registered investment fund by Released | Oct 27, 2022 Figure Technologies and Hamilton Lane have plans to launch three new share classes of Hamilton Lane's private markets-focused fund.