property type: Data Centers

Commercial Real Estate Direct Staff Report Union Bank Tower, a 178,634-square-foot office and data-center property in downtown Portland, Ore., could fetch more than $110 million, or $615.78/unit. The 17-story building, at 707 SW Washington St., is primarily used as offices and ...

Crain's Chicago Business Prime Data Centers has proposed building the 750,000-square-foot Elk Grove Village Data Center in Elk Grove Village, Ill. The San Francisco developer is building the $1 billion project on a 24-acre site between East Higgins Road and ...

A venture of Melvin Mark Cos. and Downtown Development Group is offering for sale Union Bank Tower, a 178,634-square-foot office and data-center property in downtown Portland, Ore. The local venture hired JLL Capital Markets to market the property. The 17-story ...

Atlanta Business Chronicle Mapletree Investments has paid $285 million, or about $1,040/sf, for the former American Cancer Society's Atlanta headquarters. The Singapore real estate company bought the 274,000-square-foot property from Sila Realty Trust Inc. of Tampa, Fla. Cousins Properties, which ...

Dallas Morning News Invesco Real Estate has bought a data-center campus with more than 260,000 square feet in the Dallas suburb of Plano, Texas. The Atlanta company bought the property, at 3500 East Plano Parkway, from its developer, Flexential Corp. ...

Washington Business Journal Amazon Web Services is building a 120,000-square-foot data center in Springfield, Va. The affiliate of Amazon.com Inc. will demolish the two office buildings on the site, at 7951 and 7961 Loisdale Road, about 15 miles southwest of ...

Baltimore Business Journal A venture of Quantum Loophole and TPG Real Estate Partners has paid $100 million for the development site at 5601 Manor Woods Road in Frederick, Md., a Baltimore suburb. Alcoa Corp., a Pittsburgh aluminum producer, was the ...

A group of lenders led by United Overseas Bank has provided $112.2 million of financing to help fund DivcoWest's $134.1 million acquisition of 325 Hudson St., a 220,000-square-foot office and data-center building in Manhattan.

The New York investment manager has agreed to acquire QTS Realty Trust Inc. in a deal that values the Overland Park, Kan., data-center REIT at $10 billion, including the assumption of about $2.3 billion of debt. The deal, which is ...