Singapore Investor Acquires 14-Property Data Center Portfolio for $750 Million
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The year-end closing spree is in full effect, as witnessed by this week’s execution of Carter Validus Mission Critical REIT’s sale of 14 data center properties from Atlanta to San Diego. The buyer, a joint venture between an affiliate of Mapletree Investments Pte Ltd. and Mapletree Industrial Trust of Singapore, closed Dec. 20 on its $ 750 million acquisition. The portfolio includes 180 Peachtree, a three-story, 523,000-square-foot data center…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group
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