
Data Center Demand Explodes, Doubling DMV Industrial Development Activity
The DMV industrial pipeline has doubled year-over-year to 13.2 million square feet, driven heavily by data center demand in Northern Virginia.
19 stories on data centers in commercial real estate.

The DMV industrial pipeline has doubled year-over-year to 13.2 million square feet, driven heavily by data center demand in Northern Virginia.

Cresa represented Russo Development in a 249,640 SF full-building data center lease at 600 Commerce Blvd. in Carlstadt, NJ, to a confidential tenant.
Lowell, MA enacted a one-year moratorium on new data center proposals, giving city planners time to craft zoning rules for the fast-growing sector.
With supply constraints and a shifting interest rate environment creating tailwinds, AEW's Gina Szymanski identifies senior housing, data centers, and retail as the most promising REIT sectors for growth heading into the coming year.

Cologix acquired the seven-building Beaumeade Corporate Park in Ashburn, VA for $375M, targeting the site for an AI-scale data center hub in Northern Virginia.

Rosendin Electric signed two industrial leases totaling 300,000 SF in Virginia — 125,000 SF in Ashland and 175,000 SF near Dulles — expanding its Mid-Atlantic footprint.

Data centers are reshaping CRE brokerage as AI and cloud demand drives deal sizes into the hundreds of megawatts, with Northern Virginia, Dallas, and Phoenix leading growth.