The Robert C. Samuel Revocable Trust has paid $71.5 million, or $201.47/sf, for the 354,890-square-foot office and data-center property at 9501 East Shea Blvd. in Scottsdale, Ariz. The Phoenix entity acquired the building from Net Lease Office Properties, which had ...
Washington Business Journal Minnieville Capital Acquisitions has paid $56.6 million for a 39-acre development site in Manassas, Va., on behalf of Amazon.com Inc. The online retailer is expected to develop a data center on the site, which initially had been ...
Amazon Web Services has paid $135.8 million, or $307.24/sf, for TransDulles Centre 2, a 442,000-square-foot data center property at 45900, 45930 and 45950 Pathfinder Plaza in Sterling, Va., that it occupies in part. The property, on a 33-acre parcel, was ...
Heated demand has driven a surge in the construction of data centers. Properties with 3,871.7 megawatts of capacity were under construction during the first half in eight primary markets tracked by CBRE.
Commercial Property Executive Novva Data Centers is planning to build a 1.3 million-square-foot data-center property in Mesa, Ariz. The West Jordan, Utah, company will build the property in two phases at Ellsworth and Warner roads, about 31 miles east of ...
The Real Deal The Robert C. Samuel Revocable Trust has paid $71.5 million, or $201.47/sf, for the 354,890-square-foot office and data-center property at 9501 East Shea Blvd. in Scottsdale, Ariz. The Phoenix entity acquired the building from Net Lease Office ...
Bloomberg.com A venture of Prime Group and Capri Investment Group has paid $12 million, or $34.29/sf, for the 350,000-square-foot office property at 400 South LaSalle St. in Chicago. Prime and Capri, both of Chicago, acquired the property from Cboe Global ...
Commercial Observer Amazon Web Services has paid $135.8 million, or $307.24/sf, for TransDulles Centre 2, a 442,000-square-foot data center property at 45900, 45930 and 45950 Pathfinder Plaza in Sterling, Va., that it occupies in part. The property, on a 33-acre ...
The Real Deal QTS Realty Trust has paid $246.8 million for a 206-acre development site in Avondale, Ariz., next to Phoenix. The New York company, a unit of Blackstone Group, purchased the site from TGV Investments. It's planning a data ...
Construction spending on data centers nationwide increased during the 12 months through May by 68.97 percent to a seasonally adjusted annual rate of $27.2 billion, according to the U.S. Census Bureau. Demand, meanwhile, continues to outpace construction.
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
