Thursday, October 29, 2026
On Tap Today
Island time: Data center growth is pushing utilities and the real estate industry to invest in energy resilience.
Data from above: CoStar adds aerial photography to its ground-based property data empire for $730 million.
Package pivot: UPS is chasing a $15 billion logistics opportunity in data centers.
Office webinar: Join us Nov. 12 for a look at how owners are repositioning office portfolios heading into 2027.
| Daily Market Snapshot | ||
|---|---|---|
| S&P 500 | 7,743.98 | +21.38 (+0.28%) |
| FTSE Nareit All Equity REITs | 808.15 | −5.69 (−0.70%) |
| 10-Year Treasury | 5.02% | +3 bp |
| SOFR | 3.95% | +2 bp |
| Data as of market close October 28, 2026. SOFR reflects the October 27 trade date. | ||
| The S&P 500 rose 0.28 percent to 7,743.98 on Wednesday, its third straight gain, after the Federal Reserve held rates at 3.75 to 4 percent with two dissents for a hike and futures pricing an 86 percent chance of a December increase. The 10-year Treasury yield rose 3 basis points to 5.02 percent, back above the 5 percent line that has anchored fixed-rate take-out pricing through October. The FTSE Nareit All Equity REITs index fell 0.70 percent to 808.15, its second straight loss, as real estate and utilities lagged on the rise in long-dated yields. SOFR rose 2 basis points to 3.95 percent on the October 27 trade date, a new monthly high that lifts floating-rate carry on bridge and construction paper. |
Presented by SWTCH
Your parking facility already has the spaces, the traffic, and the drivers. EV charging helps you earn more from all three. Win the drivers who’d otherwise park down the street, charge for both parking and charging, and put idle spaces to work overnight. SWTCH handles the hard parts: driver billing, idle-time enforcement, and revenue remittance. Then, integrate charging with your parking payment system, so drivers park, charge, and pay in fewer steps. And with charging-as-a-service, you can start without the upfront cost. Same lot, more revenue.
Editor's Pick
Data centers are spending billions to solve energy problems that commercial buildings have struggled with for years. As AI drives electricity demand beyond what the grid can handle, developers are investing in on-site power, battery storage, and microgrids. The technology they’re funding is starting to spill into the broader real estate market.
That could change the economics of building energy. Falling equipment costs, smarter power controls, and systems that let buildings operate independently from the grid are making energy resilience more practical. For property owners, the same investments could also reduce demand charges, unlock utility incentives, and create new revenue opportunities.
The grid still faces major bottlenecks, and equipment shortages could slow adoption. But data centers are accelerating a transition that commercial real estate can benefit from without footing the original R&D bill. The gap between how data centers manage energy and what ordinary commercial buildings can do is beginning to close.
Flash Poll
What’s the biggest thing holding you back from adding/expanding EV charging?
CoStar Pushes Into Aerial Imaging With $730M Vexcel Buy
UPS Targets Data Center Logistics as New Revenue Driver
Overheard
Popular Articles
🗣
What real estate topic do you wish got more coverage?
Reply with a topic, a trend, or a question you keep running into — we'll cover the best ones. Email [email protected].
Please add our newsletter email, [email protected], to your contacts to make sure you don’t miss any updates.
