Texas
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Data Center Expansion at an Inflection Point
Texas is set to become the global leader in data center capacity, surpassing Virginia. This shift is driven by surging demand from hyperscalers and AI, coupled with historically low vacancy rates. A significant 92% of the construction pipeline is already pre-committed, indicating sustained demand through 2030. However, power availability poses a major challenge, pushing expansion into new markets and prompting interest in on-site power generation.
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Texas, New Hampshire Lead States in Race to Add Bitcoin to Public Coffers
U.S. states, both Republican and Democratic, are increasingly integrating cryptocurrencies into their financial strategies, including strategic bitcoin reserves and state finance. Texas leads by purchasing bitcoin and investing in ETFs, mirroring its history with gold storage. Other states are exploring crypto for tax payments and municipal bonds, signaling an openness to digital assets despite volatility concerns.
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Precision Global Corporation and CubeSmart Partner to Manage Four Texas Storage Facilities
Precision Global Corporation (PGC) has partnered with CubeSmart to manage four self-storage facilities in Texas, effective July 25, 2025. The agreement leverages CubeSmart’s operational expertise to enhance customer experience and asset value. PGC aims to expand its nationwide portfolio of storage and RV park assets through strategic alliances. CubeSmart, a leading self-storage REIT, manages over 1,300 facilities nationwide, known for its technology-driven solutions and customer-centric approach. PGC focuses on high-growth, income-producing assets and seeks acquisition opportunities to expand its portfolio.