Southeast

“Simply put, sustainable coffee, served sustainably is our aspiration,” said Kevin Johnson, president and CEO of Starbucks.

Cloud user demand is setting US data center leasing on pace for a record year, according to CBRE.

The new tenant representation team also includes tenant advisors Ted Lacy, Tyler Roeller and Josh Evans. Together, they bring more than 40 years of experience, working with retailers like Ace Hardware, Wendy's and The Little Gym International across the US.

Separately it has been reported that Corporate Office Properties Trust is under contract to acquire 78 acres in Sterling with plans to develop multiple data centers for Amazon Web Services.

The seller, a Wharton equity company, acquired the property in early 2017 in an off-market transaction from the original developer and thereafter undertook significant renovations at the property that produced dividends.

The capital will be used for acquisitions, organic growth and strategic investments into various hospitality assets.

The recently completed property was acquired by Hudson Capital Properties, a New York-based company headed by the family that runs Hudson Media, the leading magazine distributor in the Northeastern U.S., as well as the nation's largest airport news and concessionaire.

The property, located at 2900 Connecticut Ave., NW in Washington's historic Woodley Park neighborhood, achieved occupancy stabilization in just eight months after the initial lease-up period.