The New Frontier: 10 European PropTech Innovators Redefining Property Discovery and Booking
The PropTech Revolution in European Property Search The European real estate landscape is undergoing a profound transformation, driven by a…
Tag: Real estate
Minnesota’s Northland Enters Data Center Arena with Major Hermantown Campus Approval
Strategic Expansion into Northern Minnesota The Hermantown City Council has unanimously approved rezoning for what could become one of Minnesota’s…
Lincoln Property Company Nears Acquisition of Chandler Data Center with Expansion Plans
Lincoln Property Company appears poised to reacquire a Chandler data center facility it previously owned and sold in 2019. Sources indicate the company is working with city officials to amend development agreements that would enable both the purchase and a significant expansion of the existing data center operations. The move would mark a return to a property with which the company has historical ties.
Data Center Acquisition in Progress
Real estate firm Lincoln Property Company is reportedly close to acquiring a data center facility in Chandler, Arizona, according to documents filed with city officials. Sources indicate the company is seeking to purchase the property located at 2500 W. Frye Road, which it previously owned and sold to CBRE Investment Management in 2019.