Property Type

OpenAI Signs 20-Year Lease at Nvidia-Backed Data Center Development in Pike County, Ohio

by John Nelson August 18, 2026

PIKE COUNTY, OHIO — OpenAI, the artificial intelligence (AI) platform best known for ChatGPT, has signed a 20-year lease agreement to be the customer at the PORTS-Pike Technology Campus, an AI data center redevelopment of the decommissioned Portsmouth Gaseous Diffusion Plant in Pike County, located in southern Ohio’s Appalachian region. The size and cost of the campus has not been released, but The New York Times reports that it will be among the world’s largest data centers and that the build-out could cost as much as $500 billion. SB Energy, a data center and power infrastructure company backed by Tokyo-based SoftBank Group Corp., will build, own and operate the campus. Nvidia (NASDAQ: NVDA), a hardware manufacturer of semiconductors and networking systems for AI data centers, will provide the full build-out at PORTS-Pike Technology Campus using its DSX AI factory platform — encompassing all aspects typical to an AI-ready data center, including GPUs (graphics processing units), CPUs (central processing units), servers and infrastructure software. Nvidia has secured land, power and shell (LPS) rights at the Pike County project through a partnership with SB Energy. Nvidia will immediately invest $1.5 billion in SB Energy to support the project’s build-out. SB Energy and …

August 18, 2026

Market Reports Northeast Northeast Market Reports Retail

Retail Entrances, Expansions in Greater New England Follow Spoke-to-Hub Pattern

by Taylor Williams August 18, 2026

By Taylor Williams Ask a local retail broker or landlord to name tenants that are currently expanding aggressively in the greater Boston area and throughout New England as a whole, and odds are that “Ross Dress for Less” will come up within the first minute. Of course, the California-based discount retailer has been crushing it for some time now. Ross announced in mid-March that it had opened 17 new stores, including four under its dd’s Discounts brands, in the first quarter — openings that followed the rollout of 36 new stores last fall. According to USA Today, these new stores came as part of Ross’ broader plan to grow its store count by about 200 units over the course of 2025 and 2026. These new store openings included locations in New York and New Jersey, but at the time, that appeared to be the northbound extent of the expansion. Not surprising, given that the discount apparel market in New England has long been dominated by TJX Cos., the metro Boston-based parent company of both T.J. Maxx and Marshalls, with Burlington also routinely capturing a respectable share of that market. The fact that Boston proper was — and still is — …

August 18, 2026

Features Retail

More Than Shopping: How Retail Design Has Evolved Beyond Conveyance of Goods, Become Amenitized

by Taylor Williams August 18, 2026

By Randall Shearin With more food-and-beverage (F&B), outdoor spaces and entertainment uses prevailing, retail centers are being viewed by many consumers and communities more as a place to spend time than purchase goods. While goods and services may still be at the forefront of their function, many developers have taken their cues from resorts and parks to understand how to give consumers an experience worth paying for. “Retail developers increasingly recognize that consumers are seeking experiences that encourage longer visits and repeat trips,” says Neil Feaser, president of RKAA Architects. “Our response is to design projects that support multiple reasons to visit. The goal is to create destinations where shopping is one component of a broader experience that includes dining, recreation, social engagement and community interaction.” Over the past decade, retail design has continued to evolve as dining, entertainment and public spaces become more prevalent features. Programming — in the form of arts events, farmer’s markets, concerts and live entertainment — has also become a big part of the community attraction factor at many centers. These components have become just as important as retail to the draw of a center for many developers and communities. And with retail space at …

August 18, 2026

Development Industrial Texas

Jackson-Shaw Breaks Ground on 908,730 SF Industrial Project in Denton, Texas

by Taylor Williams August 17, 2026

DENTON, TEXAS — Developer Jackson-Shaw has broken ground on Horizon 35, a 908,730-square-foot industrial project in the North Texas city of Denton. The site is located at the northeast corner of I-35 and Loop 288, and the first phase of the development will consist of three rear-load buildings totaling 543,550 square feet. Building features of Phase I, which is expected to be complete in the third quarter of next year, will include 32- to 36-foot clear heights, dock-high loading doors, 18-by-20-foot drive-in doors and “ample” car and trailer parking allotments. ARCO/Murray is the design-build firm for Horizon 35, and Stream Realty Partners is the leasing agent.

August 17, 2026

Acquisitions Multifamily Texas

Haven Housing Acquires 264-Unit Apartment Complex in Pflugerville, Texas

by Taylor Williams August 17, 2026

PFLUGERVILLE, TEXAS — California-based investment firm Haven Housing has acquired Wells Park Apartments, a 264-unit multifamily complex in the northern Austin suburb of Pflugerville. Built in 2018, the property offers one-, two- and three-bedroom units and amenities such as a pool, fitness center, resident clubhouse, business center and outdoor gathering spaces. Kevin Dufour, Matt Pohl, Spencer Roy and Forrest Bass of Walker & Dunlop represented Haven Housing in the transaction. The seller and sales price were not disclosed.

August 17, 2026

Acquisitions Retail Texas

Partners Capital Acquires 41,041 SF Shopping Center in McAllen, Texas

by Taylor Williams August 17, 2026

MCALLEN, TEXAS — Partners Capital, the investment arm of Partners Real Estate, has acquired a 41,041-square-foot shopping center in McAllen. Colonnade of McAllen was built in 2004 and was fully leased at the time of sale to a mix of service-oriented tenants. Andrew Pappas and Carson Grett led the transaction for Partners on an internal basis. Micha van Marcke of Edge Realty Partners represented the undisclosed seller.

August 17, 2026

Industrial Leasing Activity Lee & Associates Texas

Base Power Signs 32,375 SF Industrial Lease in Frisco

by Taylor Williams August 17, 2026

FRISCO, TEXAS — Base Power Inc. has signed a 32,375-square-foot industrial lease in Frisco. The provider of home batteries is taking space within Building 3 at Frisco Trade Center. Brett Lewis, Taylor Stell and George Tanghongs of Lee & Associates represented the locally based landlord, Dalfen Industrial, in the lease negotiations. The tenant representative was not disclosed.

August 17, 2026

Development Multifamily New Jersey Northeast

Garden Communities Begins Leasing 211-Unit Apartment Complex in Roseland, New Jersey

by Taylor Williams August 17, 2026

ROSELAND, N.J. — Local owner-operator Garden Communities has begun leasing a 211-unit apartment complex in the Northern New Jersey community of Roseland. Gardens at Roseland offers single-level and duplex apartments that come in one- and two-bedroom floor plans. Amenities include a pool, fitness center, an entertainment room, fireside lounge and private workspaces, sports court, playground and outdoor grilling and dining stations. Rents start at roughly $2,700 per month for a one-bedroom unit.

August 17, 2026

Acquisitions Mixed-Use New York Northeast

Marcus & Millichap Brokers $7.3M Sale of Manhattan Mixed-Use Buildings

by Taylor Williams August 17, 2026

NEW YORK CITY — Marcus & Millichap has brokered the $7.3 million sale of two mixed-use buildings in Manhattan’s Greenwich Village area. Constructed in 1910 and recently renovated, the buildings at 18-20 Christopher St. consist of eight residential units and three commercial spaces. Peter Dodge, Joe Koicim and Paige DeMutis of Marcus & Millichap represented the undisclosed seller in the transaction and procured the buyer, Dalan Real Estate.

August 17, 2026

Leasing Activity New York Northeast Office

Versant Media Group Signs 84,509 SF Office Lease Expansion, Extension in Midtown Manhattan

by Taylor Williams August 17, 2026

NEW YORK CITY — Versant Media Group (Nasdaq: VSNT) has signed a 84,509-square-foot office lease expansion and 18-year extension in Midtown Manhattan. The owner of networks like MS NOW, CNBC, USA Network, Golf Channel, E!, SYFY and Oxygen now occupies 249,054 square feet across six floors at 229 West 43rd Street, a 15-story building that was constructed in 1912 as the home of The New York Times. CBRE represented Versant in the lease negotiations. The landlord, Columbia Property Trust, was self-represented.

August 17, 2026

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