property type: High Tech

BREWAz IO, a data center service company, will build a 720,000-square-foot data center in Phoenix. The three level modular property will be constructed on a 9.02 acre site at the northeast corner of Van Buren and 48th streets. Construction is ...

Banco Inbursa has provided $185 million of financing against the Shore Club, a 322-room boutique hotel in South Miami Beach, Fla., that was acquired roughly a year ago by a venture led by HFZ Capital. The venture had purchased the ...

Boston Business Journal Carpenter & Co. has paid $65.6 million for land at the Christian Science Plaza in Boston's Back Bay. The Cambridge, Mass., company plans to develop a 58-story hotel and apartment property at the triangle-shaped site, which is ...

Austin Business Journal Summit Hotel Properties Inc. has bought the 209-room Hampton Inn & Suites hotel in Austin, Texas, for $53 million, or about $253,589/room. The seller was not disclosed. The hotel at 200 San Jacinto Blvd. was built in ...

Commercial Real Estate Direct Staff Report Hotel owners' bullishness about the prospects for continued business growth is making them less willing to bring properties to the sales market and crimping investors' acquisition styles, according to PKF Consulting USA. The Atlanta ...

Commercial Real Estate Direct Staff Report KBS REIT III Inc. has agreed to pay $85.1 million, or about $255.35/sf, for Anchor Centre, a 333,284-square-foot office property in Phoenix. The Newport Beach, Calif., REIT, whose shares do not trade on any ...

Kilroy Realty Corp. has paid $106.1 million, or roughly $693/sf for 401 Terry Ave. North, a 153,000-square-foot office and laboratory building in Seattle's South Lake Union area. The Los Angeles REIT bought the 11-year-old building from Vulcan Real Estate, an ...

Denver Business Journal Avaya Inc. has agreed to lease 116,000 square feet of space at the long-vacant Qwest data center at 12121 Grant St. in Thornton, Colo. The Basking Ridge, N.J., telecom technology company will move its lab operations to ...

Business Real Estate Weekly of Arizona An affiliate of Digital Realty Trust Inc. has paid $24 million, or about $100/sf, for a 241,000-square-foot office-flex space at 3200 West Germann Road and 1900 South Price Road in Chandler, Ariz. The buildings ...

Digital Realty Trust Inc. has paid $12.5 million for 8025 North Interstate 35, a 62,237-square-foot data center in Austin, Texas, and 11.3 acres of development land. The property is fully leased on a triple net basis to SunGuard Data Center, ...