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 AI's $6 trillion buildout and school-site redevelopment.
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
AI OWE: Bain says AI needs $4.2 trillion in new annual revenue to justify the data center boom. Read more here.
SCHOOL’S OUT: South Florida school closures are creating new opportunities for developers to repurpose underused campuses. Read more here.
SIZE MATTERS: Commercial property prices diverge as smaller assets gain while large-property values continue to slide. Read more here.
CHILL OUT: California tightens cold storage rules after weeklong Boyle Heights warehouse fire. Read more here.
DATA CENTER: Arizona Land Consulting wins rezoning for $10B mixed-use campus including data center west of Phoenix. Read more here.
DATA CENTER: Crow Holdings targets $3.25B for latest real estate fund. Read more here.
DATA CENTER: Compass and QTS abandon $100B, 3.5GW campus in Northern Virginia after resident opposition. Read more here.
DATA CENTER: North American data center vacancy falls to record-low 1.4%. Read more here.
DATA CENTER: NorthPoint Development offers $10,000 checks to skeptical residents in Pennsylvania. Read more here.
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DATA CENTER DEALMAKERS - PANELISTS ANNOUNCED
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SOLAR: Exus acquires four US solar projects totaling 715 MW in Louisiana and Wisconsin, targeting data center demand. Read more here.
FIBER: AT&T signs $3B-plus Corning deal to expand fiber network to 60 million locations by 2030. Read more here.
FIBER: Intrepid completes acquisition of Southern California fiber network, expanding reach to 100,000-plus homes and businesses. Read more here.
NATGAS: Woodway plans 22-mile natural gas pipeline to power an undisclosed US data center. 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.
