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The joint venture purchased the 522,000-square-foot office building from PGIM Real Estate. No purchase price was disclosed. Square Mile Capital Management LLC originated the financing for the deal.
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May 15, 2026
The market is recalibrating, with rent growth projected to return next year.
May 15, 2026
Input prices rose 7% year-over-year while backlog gains concentrated in data center work, as tariff-affected materials caused a spike.
May 15, 2026
Retailers expanding physical footprints for fulfillment and AI-driven operations are pushing landlords and developers to build connectivity, 5G and data infrastructure into projects from day one.