News

In a move reflective of the broader shifts in the office real estate market, Kennedy Wilson recently executed a significant transaction by selling its Glendale office building at a considerable markdown. The property, located at 400 and 450 North Brand Boulevard, was let go for $60 million — a figure that sharply contrasts with its […]

The commercial real estate sector is experiencing significant challenges, evident in the devaluation of office spaces. This situation is intensified by the changing dynamics of work culture, accelerated by the COVID-19 pandemic and technological advancements. As companies embraced remote working, the demand for physical office space has notably declined, leading to increased vacancy rates and […]

In this article, we are going to list the 15 largest data center companies in the world. Click to skip ahead and jump to the 5 largest data center companies in the world. COVID-19 has pivoted the way we do business today. Data centers have helped transformed digital commerce and online businesses giving digital infrastructure a vital […]

As the world’s reliance on technology grows, so does the need for high-speed computing, data cloud storage and data centers to securely manage the world’s exponentially increasing zettabytes of data. In the last two years, more data has been shared online than in previous human history. Additional data centers are needed to physically house the large groups […]

The U.S. General Services Administration (GSA) is initiating the sale of the William O. Lipinski Federal Building at 844 N. Rush St. This move is part of the government’s broader strategy to reduce real estate expenses. The GSA manages federal properties and has identified 23 buildings, including the 15-story landmark on Rush Street, for sale. […]