Sep 14, 2023 | Posted by Abdul-Rahman Oladimeji | Detroit
A data center outside of Detroit, Michigan, is available for purchase. Lee & Associates, a real estate agency, has listed 21420 Melrose in Southfield, Oakland County, as available. The 1986-built, 15,956-square-foot property is available for $1.34m.“This building is extremely well maintain...
May 26, 2023 | Posted by Abdul-Rahman Oladimeji | Mapletree Redwood Data Centre Trust
The acquisition of a data center in Osaka, Japan, signifies Mapletree Industrial Trust's entrance into the Japanese data center market. This week, the manager of Mapletree Industrial Trust (MIT), Mapletree Industrial Trust Management Ltd., announced the purchase of a recently constructed data ...
Nov 18, 2022 | Posted by Abdul-Rahman Oladimeji | Detroit
Real estate company Bedrock has announced its plan for a new carrier hotel data center in Detroit, Michigan. The company said it is partnering with Raeden, a digital infrastructure platform provider, to launch the independent carrier hotel in the city. The new carrier hotel will be located on ...
Jun 13, 2022 | Posted by Abdul-Rahman Oladimeji | Mapletree: 19675 W Ten Mile
Mapletree Industrial Trust (MIT) has announced the sale of its data center located at 19675 West Ten Mile Road, Southfield, Michigan, to its tenant. The data center sits on 121,100 square feet (11,250 square meters) of land. In addition, the four-story facility has up to 52,940 square feet ...
Aug 18, 2021 | Posted by Abdul-Rahman Oladimeji | Mapletree Redwood Data Centre Trust
As part of its acquisition of Sila Realty Trust’s data center portfolio, Mapletree Investment Trust has also acquired a Lumen data center in Minnesota. The facility is at 5400-5500 Feltl Road inside the Opus Business Park, Minnetonka. It is reported that Sila paid $26 million for the facility....
Aug 16, 2021 | Posted by Abdul-Rahman Oladimeji | Mapletree Redwood Data Centre Trust
2021 has been an eventful year in the data center industry as we’ve seen some major merger and acquisition activities as these firms look to expand their capacities. We are going to shine the spotlight on the top five merger and acquisition activities in Q2 of 2021. We’ll be able to see wh...
May 20, 2021 | Posted by Abdul-Rahman Oladimeji | Mapletree Redwood Data Centre Trust
Sila Realty Trust announced that it has agreed to sell all its 29 data centers in the US to Mapletree Investment Trust for $1.3 billion. The 29 data centers are all the data centers in Sila’s portfolio which means upon completion; it will be an exit from the data center industry for Sila. ...
Jun 23, 2020 | Posted by Eric Bell | Mapletree Redwood Data Centre Trust
SINGAPORE: DBS Trustee Limited, a trustee of Mapletree Industrial Trust (MIT), has entered into agreements for the proposed acquisition of the remaining 60% interest in the 14 data centres in the United States of America currently held by Mapletree Redwood Data Centre Trust (MRDCT) at a purcha...