Mapletree Industrial Trust Acquires Office Data Centers Portfolio For $1.32B
Mapletree Industrial Trust acquired office properties for $1,320,000,000 in Illinois, California, Texas, Arizona, Connecticut, Georgia, Illinois, Indiana, Massachusetts, Michigan, Minnesota, New Jersey, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee & Virginia
Summary
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.
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