Industrial Real Estate Newsletter March 2025

INDUSTRY NEWS

Nvidia to Build Quantum Research Center in Boston Area

Chipmaker NVIDIA announced it will build a Boston-based research center to advance quantum computing. Read More

Meta Going All Green for Austin Data Center

One of the biggest constraints on developing data centers is the energy requirements needed to power the stacks of computers. Read More

Phoenix Maintained Industrial Strength in 2024

Despite a slowdown, the market continues to lead the nation for development activity, according to CommercialEdge data. Read More

Hyundai to Build $5.8B Plant in Louisiana

This project marks the company's first U.S.-based steel mill. Read More

TRANSACTIONS

Chicago, IL - Goldman Sachs Sells Chicagoland Industrial Asset

Venture One purchased the asset through one of its investment funds. Read More

Houston, TX - Americold Launches $127M Metro Houston Expansion

The acquisition will increase the company's footprint by more than 10 million cubic feet. Read More

Phoenix, AZ - BKM Acquires 6 SW Industrial Properties for $254M

BKM Capital Partners has added six properties to its Southwest portfolio in two transactions collectively worth more than $254 million. Read More

Richmond, VA - Merritt Kicks Off Richmond-Area Industrial Expansion

The development's first stage is set for completion this summer. Read More

QUOTE OF THE WEEK

"The integration of advanced technologies, particularly automation and AI, is becoming a critical differentiator in the industrial sector. Companies are increasingly seeking spaces that can support these technologies to enhance efficiency and competitiveness."

- Richard Thompson, Head of Industrial Research, JLL