DataBank Raises B in Equity

DataBank Raises $2B in Equity

Last year, DataBank acquired a 95-acre lot in Lithia Springs, Ga., for the construction of ATL5, a 120 MW data center. Rendering courtesy of DataBank DataBank has obtained $2 billion in equity raise led by AustralianSuper, which committed $1.5 billion.…
New Jersey Office Building Changes Hands

New Jersey Office Building Changes Hands

The 154,777-square-foot office building went through capital improvements in 2016. Image courtesy of CommercialEdge Ravine Development Co. LLC has sold 10 Park Ave., a 154,777-square-foot office building in Hanover Township, N.J. JLL represented the seller in the off-market deal. RWJBarnabas…
Dedeaux JV to Develop 500 KSF SoCal Warehouse

Dedeaux JV to Develop 500 KSF SoCal Warehouse

Tejon Ranch Co. has teamed up with Dedeaux Properties to develop and lease a 510,500-square-foot industrial warehouse at Tejon Ranch Commerce Center, a master-planned community covering 1,450 acres in Lebec, Calif. Earlier this year, Dedeaux Properties delivered its first industrial…
Desktop/Tablet Image