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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 DataBank’s $2B construction loan and a proposal to make data centers attractive.
Today’s issue is sponsored by IndustrialIQ — providing comprehensive analysis and insights for small bay warehouse markets.
LOFTY LENDING: DataBank gets $2B construction loan for Dallas-area data centers. PLAYER: Kevin Ooley. Read more here.
… which begs the question…
STUNNING SERVERS: Can data centers be beautiful? PLAYERS: Daniel English, Jay Rappaport. Read more here.
THE REIT STUFF: Global Net Lease to acquire Modiv Industrial REIT for $535M. PLAYER: Aaron Halfacre. Read more here.
OPEN SPACES: CoStar expects US industrial vacancies to peak in early 2027. PLAYER: Juan Arias. Read more here.
SMALL BAY: Rising Realty Partners buys small bay portfolio in Denver area. PLAYER: John Golden. Read more here.
SHALLOW BAY: Kassin Sabbagh Realty sells shallow bay in Atlanta metro for $10.3M. PLAYERS: Isaac Setton, David Warren. Read more here.
IOS: Green Dock Partners buys 16 AC IOS redevelopment site in Charlotte, NC. PLAYERS: Scott Hensley, Lester Osborn, Blake Osborn, Frank Larsen, Ben Lucas. Read more here.
COLD STORAGE: Saxum Real Estate buys cold storage facility in Columbus, OH. PLAYER: Sunny Shah. Read more here.
SELF STORAGE: Marcus & Millichap arranges sale of US 30 Storage in Chicagoland. PLAYERS: Jon Silvers, Sean Delaney. Read more here.
➡ Want deeper insights on industrial alts? Subscribe to IOS List, Small Bay List, Cold Storage List, and Self Storage List.
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A few of you asked why we partnered with them.
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The tools we've all been using weren't built for this market.
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GROCERY-ANCHORED: Delza Properties and CedarPlaza Partners buy Kroger-anchored retail center in northwestern Georgia for $10.3M. PLAYERS: Mark Joines, Drew Fleming. Read more here.
GROCERY-ANCHORED: CBRE Investment Management and partner MCB Real Estate acquire grocery-anchored retail portfolio. PLAYERS: Colin Rosenbaum, P. David Bramble. Read more here.
NET LEASE: Shorewood Development Group secures $22.6M loan from Associated Bank for acquisition and renovation of former grocery store in Chicago area. PLAYER: Daniel Barrins. Read more here.
NEIGHBORHOOD: Prudent Growth buys Cincinnati shopping center for $3.3M. Read more here.
C-STORE: Refuel partners with Whataburger for new convenience store in Kenedy, TX. PLAYER: Colleen Barrett. 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.
