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Micron Taps New York, Not Texas, For $100B Factory
A small Texas town is disappointed after Micron decides to build a new chip factory in New York instead. Brick-and-mortar retail recorded its best year since 1995 as many growth metrics exceed pre-pandemic levels. Meanwhile, with nearly all sectors in the red, asset managers can’t seem to agree on how much they should invest in public vs. private markets. . Let’s dive in!
NYC Office Buildings Face a $50B Wipeout
As the economic rollercoaster continues, NY office properties could be facing a steep $50B wipeout in value. Richmond and Minneapolis are now prime locations for medical office buildings. An old Koreatown retail center in LA just sold for a record-breaking figure. Meanwhile, Prologis has completed its all-stock acquisition of Duke Realty Corporation worth $23B. Let's dive in!