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CommercialFinanceIndustry News

Fred Hutchinson Cancer Center Acquires 225,000 SQFT Weyerhaeuser Office Building for $18MM in Federal Way

Fred Hutchinson Cancer Center buys the former Weyerhaeuser North Building I in Federal Way for $18 million.

date and information on a computer screen
AECCommercialFeaturedIndustrialIndustry NewsPortland

Oregon and Washington Host 139 Data Centers and 6,444 MW, but Texas Is Winning the Next Wave

The Pacific Northwest built one of the nation's largest data-center footprints on cheap hydropower, but new figures show Oregon and Washington capturing only...

Portland
AECCommercialFinanceIndustry NewsPortland

Menlo Digital Acquires 185,000 SQFT Union Bank Tower for Downtown Portland Data Center Conversion

Menlo Digital has filed permits to carve a five-floor data center into downtown Portland's 15-story Union Bank Tower, an acquisition that pairs with...

money roll
AECCommercialFeaturedIndustry News

Washington Ends Data Center Equipment Tax Break as Hardware Nears 93% of Capex

Senate Bill 6231 stripped the sales tax exemption from data center equipment repair and replacement statewide on July 1, landing squarely on the...

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AECCommercialIndustrialIndustry News

Cle Elum Halts New Data Centers, but Blue Fern’s $200MM Bullfrog Flats Project May Proceed Under 2002 Pact

Cle Elum's City Council unanimously enacted an emergency six-month moratorium on data centers, yet the $200 million Blue Fern Development project that triggered...

money roll
CommercialFeaturedFinanceIndustry News

Brookfield Clinches Record $77B Quarter, Pushing Assets Past $1 Trillion

Brookfield Asset Management pulled in a company-record $77 billion during the second quarter of 2026, lifting its assets under management past $1 trillion...

data center servers
CommercialFeaturedIndustry News

New York Clears First-in-Nation Data Center Moratorium, and the West Coast Is Watching

New York lawmakers have approved a one-year freeze on state permits for large data centers, the first statewide moratorium in the country and...

Data center cables and servers
AECFeaturedIndustrialIndustry News

AI Data Center Market on Track to Hit $810.6B by 2033 as Enterprises Pour Capital Into Computing Infrastructure

A new Grand View Research study forecasts the global AI data center market will more than quintuple to $810.6 billion by 2033, with...

data center cabinet
CommercialFeaturedIndustry NewsLeasing

Data Center Vacancy Hits Near Zero as AI Demand Outruns Power and Permitting

With vacancy at essentially zero and tenants signing leases three years before space delivers, Digital Realty Chief Executive Officer Andy Power and CBRE's...

Planning and design for architects
AECCommercialIndustrialIndustry News

Carlyle Group Doubles Down on 320,000 SQFT Duwamish Data Center, Testing Seattle’s Fresh Moratorium

The Carlyle Group has nearly doubled the scale of its proposed data center at 3625 First Ave. S. in Seattle's Duwamish industrial corridor,...

Data center cables and servers
AECFeaturedFinanceIndustrialIndustry News

Data Center Investment Surges Amid AI Boom, But Capital Constraints Loom

The global data center sector is poised for continued expansion in 2025, propelled by the surging demand for AI-driven computing power and cloud...

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AECCommercialFeaturedIndustrialIndustry News

CNBC: How AI and Digitalization are Driving the Data Center Real Estate Market

In the rapidly evolving landscape of real estate investment, data centers have emerged as a lucrative asset class, capturing the attention of investors...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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