The leader of Rose Law Group’s Space Law Practice, Shruti Gurudanti, tells RLGR: “The US space law regime is not equipped for such advancements and there is an urgent need for updates.”
By CNBC
As private companies like SpaceX and Blue Origin develop reusable rockets and push aspirations for lunar and Martian colonization, real estate investors are dialing in. Some liken it to the early days of the railroads, when entire towns grew up around new lines. One of the biggest plays is lunar and deep space data centers.
Hines, a global real estate investment, development and management firm, recently announced the acquisition of the Titusville Logistics Center, a nearly 250,000-square-foot, Class A industrial property located in Florida’s Space Coast submarket. The property is fully leased to aerospace tenants. This is just one example of investors looking to capitalize on the boom in the space exploration sector’s real estate needs.
