Tag Archives: Center

Closing of Weakest Stores by Retailers Ultimately Expected to Benefit US Shopping Center Performance

Developers of mixed-use projects such as Sunnyvale Town Center in Silicon Valley, which will include 900,000 square feet of new shopping space, are hoping to tap into continued demand for newer high-end retail properties. The U.S. national retail vacancy rate ticked up 10 basis points for the second consecutive quarter to reach 5.2% in the

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Digital Realty to Acquire DuPont Fabros in $7.6 Billion Data Center Merger

In a blockbuster merger of two top players in the increasingly competitive data center sector, Digital Realty (NYSE: DLR) has agreed to buy DuPont Fabros (NYSE: DFT) in a transaction valued at $ 7.6 billion including debt. Shareholders of Washington, DC-based DuPont Fabros will receive just over half a Digital Realty share per DuPont Fabros

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