Good morning. Welcome to CREalts! Every day, we cover the top stories in alternative CRE sectors. One scroll saves you hours. Today, we learn about data center vacancy and a $350M fund for distressed offices.
Today’s issue is sponsored by Data Center Dealmakers: Southeast — join 500+ data center pros from QTS, Arcapita, Menlo Digital and others in the room where deals happen in Atlanta on October 7, 2026. Get your tickets here→ link
NO ROOM: Data center vacancy remains at 1%, should remain that low through 2026, JLL finds. Read more here.
OFFICE SPACE: Real Capital Solutions launches $350M fund to target distressed Class A and B offices in US. Read more here.
PIVOT: Blackstone Real Estate Income Trust exits self-storage for data center investments. Read more here.
LEASING LARGE: Fermi secures 1st lease for massive Project Matador data center development. Read more here.
DATA CENTER: Williams secures $5.34B for 5 data center projects. Read more here.
DATA CENTER: Meta expands Louisiana campus to 5GW, $50B development. Read more here.
DATA CENTER: CleanSpark signs 20-year lease worth $6.6B in Sandersville, GA. Read more here.
DATA CENTER: Size of data centers strains insurance models when it comes to tornadoes, other destructive weather events. Read more here.
DATA CENTER: TeraWulf plans 1GW data center on site of abandoned strip mine in Kentucky. Read more here.
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DATA CENTER DEALMAKERS - PANELISTS ANNOUNCED
Join hundreds of data center developers, investors, hyperscalers, power providers, and brokers for a premier data center event in Atlanta on October 7th. Hear from senior execs from AWS, NTT, SilverSphere Capital, QII and more!
Secure your tickets here: Data Center Dealmakers Tickets
*Only a few Early Bird tickets remain at a $100 discount
SOLAR: Texas solar farm works… with cows. Read more here.
SOLAR: Heelstone buys 188MW solar project in Texas. Read more here.
FIBER: Prysmian to invest $1.25B to more than double fiber and optical cable manufacturing capacity in US. Read more here.
NATGAS: LS Power to buy 606MW natgas-fired power plant near Houston. Read more here.
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Disclaimer: The authors of CREalts are not finance or tax experts. This email is for educational use and not financial advice. Do your own research and consult with professionals before making financial decisions. Our content, which may contain affiliate links and sponsor posts, is subjective and not to be used as the only basis for such decisions. We are not responsible for any losses from relying on this information. Past performance of any asset is not indicative of future results.
