Research, analysis, and perspectives on the built world.
An analysis of data center supply and demand dynamics across primary and secondary U.S. markets in 2026, covering vacancy rates, hyperscale absorption, power-constrained market dynamics, construction costs, and the tier-2 markets attracting the most institutional capital.
April 10, 2026 ·4 min read
U.S. industrial vacancy has risen to 7.2% from its pandemic low, but demand from e-commerce, nearshoring, and manufacturing reshoring remains intact. This post covers market conditions by submarket type, core development criteria, and where AI is compressing site screening and underwriting timelines.
April 3, 2026 ·5 min read
Digital infrastructure encompasses data centers, fiber networks, cell towers, and energy systems that power the internet. This piece explains the three physical layers, the capital flowing into the sector from firms like Blackstone and KKR, and how AI is reshaping the site selection and development workflow for these complex assets.
April 2, 2026 ·4 min read