GID, a leading real estate investment and management firm, has acquired Beltway Northwest, a 299,000-square-foot industrial portfolio in the Northwest submarket of Houston, Texas. The fully leased property comprises five buildings equipped with 62 dock-high doors, 18 drive-in doors, and clear heights ranging from 17 to 24 feet.
MicroStrategy shares are soaring on Monday following the fourth halving event of Bitcoin, which is seen as a catalyst for the cryptocurrency’s price due to decreased selling pressure. The company, which holds over 214,000 Bitcoin, believes the halving will drive up the price.
The federal government and Ontario will announce a multibillion-dollar deal with Honda Motor Co. Ltd. this week in a move that will create a comprehensive electric vehicle chain in the province. The agreement includes a battery manufacturing facility, a retooled car assembly plant, and facilities for cathode materials and separator components. The investment is expected to surpass other electric-vehicle deals in Ontario, including the $7-billion Volkswagen EV plant in St. Thomas, Ont.
Dogecoin creator Billy Markus recently posed a hypothetical question: if given $1 million to invest in gold, Bitcoin, the S&P 500, or real estate for 10 years, which would you pick? While Markus didn’t reveal his personal choice, a poll showed Bitcoin as the favorite among investors. Despite its lack of inclusion in the poll, Dogecoin’s playful origins and Markus’ minimal Bitcoin holdings hint at his preference for caution.
