Data center deals boost July CRE sales to highest since 2005

Commercial real estate sales in July reached their highest levels since 2005, driven largely by a wave of data center acquisitions. The spike reflects a fundamental reorientation of real estate investment priorities toward technology infrastructure, signaling that data centers have become a dominant force reshaping property markets.

The acceleration underscores how infrastructure backing emerging technologies - particularly those requiring substantial computational capacity - has become central to capital allocation decisions in commercial real estate. This represents a notable departure from traditional CRE investment patterns.

• Data center demand is reshaping commercial real estate priorities, with infrastructure investments now competing with conventional property types for capital.
• The uptick to 2005 levels suggests institutional investors view tech infrastructure as a long-term value driver in the CRE market.