Sabey Data Centers celebrated the first steel rising at its SDC Umatilla data center campus in Northeast Oregon on July 15, marking a transition from site preparation to vertical construction. The project is backed by institutional capital partner National Real Estate Advisors through a joint venture supporting Sabey's portfolio expansion.

Jul 23, 2026•Sabey Data Centers

A Crescent Real Estate executive portrait accompanies the company’s announcement that Reid Goetz has joined as Managing Director, Industrial, to lead the firm’s industrial platform expansion.

People

Reid Goetz Joins Crescent Real Estate as Managing Director to Lead Industrial Platform Expansion

Crescent Real Estate has hired Reid Goetz as Managing Director, Industrial, to build and lead a dedicated industrial investment and development platform based in Fort Worth. Goetz joins from Hillwood Properties, where he served as Senior Vice President and Industrial Team Lead at AllianceTexas.

Aug 19, 2026•IndustrialData Center

Jennifer Guillen, Regional Managing Director of Property Management at Stream Realty Partners, is pictured following her appointment to oversee operations across Georgia and Florida.

PeopleOfficeIndustrial+4

Jennifer Guillen Joins Stream Realty Partners as Regional Managing Director of Property Management

Stream Realty Partners has hired Jennifer Guillen as Regional Managing Director of Property Management, based in Atlanta. Guillen brings more than 20 years of commercial real estate experience and will oversee property management operations across Georgia and Florida.

Aug 14, 2026•Stream Realty Partners

A Yondr-branded data center illustrates the type of hyperscale facility planned for the 40-acre Manassas, Virginia, site acquired with Cerberus Capital Management for a planned 72-megawatt campus.

Property TransactionsData CenterLand

Yondr Group and Cerberus Capital Management Acquire 40-Acre Manassas Site for 72MW Northern Virginia Data Center

Yondr Group and Cerberus Capital Management have jointly acquired a 40-acre site in Manassas, Virginia, where they plan to develop a 72-megawatt hyperscale data center campus expected to come online in 2029. The deal positions the partners to capture demand in Northern Virginia, the world's largest data center market, where vacancy has fallen to historic lows.

Aug 13, 2026•Yondr Group

Corporate Updates

Azora Opens Milan Office, Commits €1.5 Billion to Italian Real Estate and Infrastructure

Azora, the Madrid-based alternative investment manager, announced the opening of a Milan office on July 16, 2026, as part of a plan to deploy an additional €1.5 billion across Italian real estate and infrastructure sectors. The expansion builds on the firm's presence in Italy since 2019, which includes resort operator Bluserena and a biomethane platform called Draycott.

Jul 19, 2026•Azora

Joint Ventures

SEGRO and Pure Data Centres Group Form Second 50:50 Joint Venture for 48MW Paris Data Centre

SEGRO and Pure Data Centres Group Limited have announced a second 50:50 joint venture to develop a 48MW fully fitted data centre in Paris, with gross capital of approximately £0.8 billion. The project marks SEGRO's first data centre development in Continental Europe and targets a long-term net lease with a global hyperscaler.

Jul 14, 2026•SEGRO

More News

Aerial view of a Crusoe data center campus, illustrating the scale and layout similar to the 1.0 GW AI data center campus Crusoe and Lancium announced for Childress, Texas.

DevelopmentData CenterLand

Crusoe and Lancium Announce 1-GW AI Data Center Campus in Childress, Texas

Crusoe and Lancium have announced a 1.0 gigawatt AI data center campus in Childress, Texas, on 270 acres owned by Lancium, with construction expected to begin in Q3 2026. The project extends the partnership model the two companies established in Abilene, where they have already scaled to a 1.2 GW campus.

Jul 16, 2026•Crusoe

Angela Zhao, CEO of GLP China, at a signing ceremony with Ulanqab government officials formalizing the strategic cooperation to develop multi‑gigawatt hyperscale data center infrastructure in Inner Mongolia, a key step in GLP's AI‑ready campus plans.

DevelopmentData Center

GLP Group and Ulanqab Government Sign Multi-GW Data Center Development Agreement in Inner Mongolia

GLP Group has signed a strategic cooperation agreement with the Ulanqab Government to jointly develop multi-gigawatt hyperscale digital infrastructure in Inner Mongolia, China. The planned development spans approximately 1.33 million square meters and is designed to support AI and cloud computing workloads powered by renewable energy.

Jul 11, 2026•GLP Group

Sabey Data Centers Austin campus, shown here with Sabey signage, representing the type of energized campus in SDCP's portfolio that Ares Management's Secondaries funds took a minority equity stake in.

Corporate UpdatesData Center

Ares Management Takes Minority Equity Stake in Sabey Data Center Properties, Backed by National Real Estate Advisors

Sabey Corporation and National Real Estate Advisors announced July 8 that Ares Management's Secondaries funds have made a minority equity investment in Sabey Data Center Properties, LLC, a jointly owned data center platform spanning six energized campuses with approximately 251 megawatts of operating capacity. Evercore and Citizens Capital Markets & Advisory served as financial advisors to the platform on the transaction.

Jul 9, 2026•National Real Estate Advisors

Representative meeting-room interior at Vanda 3 in Kista, Stockholm, tied to Barings’ announcement of a 10‑year lease extension with a global data‑centre operator and a 30MW power upgrade to support the site’s conversion to data‑centre use.

LeasingData CenterMixed Use+2

Barings Secures 10-Year Lease Extension With Global Data Centre Operator, Adds 30MW at Stockholm's Vanda 3

Barings has secured a 10-year lease extension with a global data centre operator at its Vanda 3 asset in Kista, Stockholm, while also locking in an additional 30MW of power capacity from utility Ellevio. The moves position the 65,000-square-meter mixed-use site for further data center conversion and development, including a targeted 25,000-square-meter expansion of building rights by 2027.

Jul 8, 2026•Barings

A Racks Central executive delivers welcome remarks at the June 29 strategic partnership and milestone ceremony for the RCJM AI data centre campus in Pasir Gudang, Johor, underscoring the company’s progress on the planned 510 MW AI factory campus.

DevelopmentData Center

Racks Central Marks Construction Milestone for 510 MW AI Data Center Campus in Johor

Singapore-headquartered Racks Central marked a major construction milestone on June 29, 2026, for its 510 MW AI factory campus in Pasir Gudang, Johor, with Phase A now fully committed ahead of a Q1 2027 target. The development is backed by strategic investors ESR and CAF II and forms a key part of the firm's digital infrastructure strategy across the Singapore-Johor-Batam corridor.

Jul 1, 2026•Racks Central

Data Center News

Commercial Real Estate News

CBRE Promotes Anna Wolke (Faktorow) and Stuart Dyer to Executive Vice President in Data Center Solutions Group

Blue Owl and Stack Infrastructure Acquire 71-Acre Culpeper Data Center Site for $66.36 Million in Deal Arranged by Greysteel

Crédit Agricole CIB Arranges US$2.325 Billion Green Loan for AirTrunk's JHB2 Data Centre in Johor Bahru

Cerberus Capital Management and Yondr Group Acquire 40-Acre Manassas Site for 72MW Data Center Campus

Cloud Capital Closes $520 Million Triple-A Rated Data Center ABS With Guggenheim Securities, Morgan Stanley

AirTrunk Secures US$2.325B Green Financing From BNP Paribas, DBS, ING, Crédit Agricole CIB and Standard Chartered for JHB2 Data Centre in Johor Bahru

YIT and atNorth Agree on €300 Million Data Center Construction in Kouvola

Sabey Data Centers Marks 'Going Vertical' Milestone at SDC Umatilla With National Real Estate Advisors Backing