No American city is adding data centers faster than Richmond, Virginia, and the gap is only growing.
Richmond’s data center inventory surged more than sevenfold in the first half of the year, adding more capacity than any other U.S. market, according to Avison Young.
The region jumped from just over 100 megawatts to more than 800 MW in less than six months, transforming the capital city from a digital backwater into one of the nation’s most important infrastructure hubs.
But Richmond’s meteoric rise may be nearing its first real test.

The total number of U.S. coworking locations declined in the second quarter, the first time that has happened since at least 2023, according to CoworkingCafe. 
The sector has still opened more locations than it closed in 2025, but coworking operators have gone from expanding at breakneck speed to a snail’s pace. Growth has slowed, but there are early signs that rising demand from corporate clients could fuel coworking’s next leap forward.  
“We’ve already made up for the Q2 reduction in count alone in Q3, from what we’ve seen from openings,” said Peter Kolaczynski, the director of research at Yardi, which owns flexible space booking website CoworkingCafe…

When it comes to huge industrial spaces, the Inland Empire still reigns supreme, with big-name companies leasing up swaths of space that can top 1M SF. But overall, the desert market is a bit sluggish as it works its way through a backlog of inventory.
The market’s overall vacancy rate in the second quarter was 6.7%, a marginal increase over the first quarter and roughly in line with the same period last year, according to CBRE.
“We’re in a recovery phase,” CBRE Senior Managing Director Ian Britton said. 

Sleuths have solved three of the panels of the Kryptos sculpture at the agency’s headquarters. Now the artwork’s creator is announcing the sale of the solution to the fourth.

The president’s hostility toward foreign students has made American higher education a riskier proposition for them. Other countries are eager to capitalize.

The reversal risks declawing a century of consumer financial protections and replacing the backbone of bank accounts.

The division of Brookfield that owns a huge portfolio of offices, malls and stakes in funds made a loss in the second quarter of the year — albeit a loss much smaller than the same time last year. 
Brookfield Property Partners comprises $98B of assets directly owned by Brookfield, including stakes in funds managed by Brookfield Asset Management. 
The division reported a $46M loss for Q2 compared with a $789M loss the previous year. Those figures include revenue from the property it owns and movements in the value of its portfolio, as well as costs of running the assets. 
The narrower loss was mainly attributed to stakes in funds…

The Treasury secretary has been slow to divest assets, including farmland, that he pledged to shed.

Once on the Forbes 400 list of richest Americans, he donated substantially to the arts, higher education, hospitals and criminal justice reform.

New York City office is finally back.
Office visits in the Big Apple surpassed prepandemic levels for the first time last month, with visits up 1.3% this July compared to July 2019, according to a new study from Placer.ai.
New York’s finance companies, like JPMorgan Chase and Goldman Sachs, have adopted stricter in-office protocols than the overall workforce, which helped the city gain return-to-office momentum.