A company affiliated with Singapore-based Mapletree Investments has acquired a data center in Eagan, Minnesota for $9 million.

BizJournal reports Elias DC Assets LLC recently acquired the property at 3255 Neil Armstrong Boulevard. According to investment materials, Elias is one of a number of recently-created firms Mapletree has as listed entities in the US.

Databank MSP2 Eagan MN.png
– DataBank

The facility is one of 29 Sila Realty Trust, the US REIT is formerly known as Carter Validus, announced it was selling to Mapletree in May for $1.3 billion.

Known as MSP2, the data center is operated by DataBank and has 20MW of capacity.

Sila originally acquired the 88,000 sq ft (8,175 sqm) data center for $5.8 million in 2015, according to a state record of the transaction. The company has now transitioned into a pure-play healthcare real estate investment trust.

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