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Real Estate Trail
Institutional Press Wire
PR Newswire · Industrial

Corvex Announces Significant Data Center Expansion; Increasing Current Capacity 5x with Contracted Path to 13x

Via PR Newswire · August 31, 2026
Compiled by Real Estate Trail Editorial · August 31, 2026

Why this matters

Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from PR Newswire:
Critical IT capacity expected to increase more than five times from approximately 1.5 MW to approximately 8 MW by year-end 2026 Right of first refusal on an additional 12.5 MW expansion opportunity at the Midwest site…
Read the full article at PR Newswire →

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