Andrew Power Of Digital Realty Acquires 40-Acre Atrium Office Campus From Michael Brennan For $81.5M

The property asset involved in the transaction is a 40-acre office campus known as the Atrium, located at 3800 Golf Road in Rolling Meadows, Illinois. The sale price for this office asset is $81.5 million.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $81,500,000
• Buyer: Andrew Power - Digital Realty
• Seller: Michael Brennan - Brennan Investment Group
• Broker: JLL

This transaction includes significant figures in the industry, with Andrew Power representing Digital Realty, which is expanding its presence in suburban Chicago through this acquisition. Michael Brennan of Brennan Investment Group sold the property, marking a notable increase from his previous $27 million purchase in 2023. The acquisition targets properties rich in power and fiber for future redevelopment in the growing data center market.