Carter Validus Mission Critical REIT Inc. completed the $750.0 million sale of a 14-property data center portfolio to an affiliate of Mapletree Industrial Trust and Mapletree Investments Pte. Ltd.
The company said that in connection with the deal, it repaid roughly $170.0 million in property- and company-level principal debt.
Moelis & Co. LLC was Carter Validus' lead financial adviser on the deal, with KeyBanc Capital Markets Inc. and SunTrust Robinson Humphrey Inc. serving as co-advisers. Morris Manning & Martin LLP was legal counsel to Carter Validus.
