Data Center Operator to Begin Work on 192K-SF Hutt0 Project in December
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.
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On the RET wire
- Disclosed industrial deal value tracked in September 2026: $5.3B across 43 reported transactions. All Industrial coverage →
Computed from Real Estate Trail’s own tracked coverage
Colovore is planning to start construction on the 192,000-square-foot data center project at 2401 Innovation Blvd. in December. The project will be complete by December 2028. The price was pegged at $280 million. The…
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