Updated Oct 28, 2024
Mapletree Industrial Trust Acquires Office Data Centers Portfolio For $1.32B
Chicago
$1,320,000,000
Units
311
Asset Type
Industrial
Closing
May 20, 2020
About this deal
AI
The property involved in this closed transaction is an office building with a data center. The sale took place on May 20, 2021, with a sale price of $1,320,000,000. The property spans a total of 3,300,000 square feet. The buyer, Mapletree Industrial Trust, was represented by Tham Kuo Wei, while the seller was Sila Realty Trust Inc.
Summary of transaction details
- Property Type: Office (Data Centers)
- Transaction Amount: $1,320,000,000
- Square Footage: 3,300,000
Tham Kuo Wei, representing Mapletree Industrial Trust, played a key role as the buyer in this transaction. Sila Realty Trust Inc acted as the seller.
On the Map
$1,320,000,000
Industrial
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Players
Chicago Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.01%
Cash-on-Cash
-0.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93