Equinix to Buy Verizon Data Centers for $3.6 Billion

Data center REIT Equinix, Inc. (Nasdaq: EQIX) said Dec. 6 it has agreed to buy a portfolio of 24 data center sites from telecommunications company Verizon Communications Inc. for $ 3.6 billion in an all-cash transaction.

The 24 sites consist of 29 data center buildings across 15 metro markets in the United States and Latin America.

In a conference call, Steve Smith, president and CEO of Equinix, said the deal “positions us to continue to attract global data center demand.”


Sun Communities Buying Carefree Communities for $1.7 Billion

Sun Communities, Inc. (NYSE: SUI) said March 22 that it has agreed to acquire a portfolio of interests in more than 100 manufactured housing and RV communities for approximately $ 1.7 billion.

Established in 1975, Sun Communities owns and operates 233 manufactured housing and recreational vehicle (RV) communities located in 29 states throughout the United States.  Sun Communities’ portfolio consists of approximately 89,400 developed sites.


Apartment REIT Equity Residential Selling Assets for $5.4 Billion

Equity Residential (NYSE: EQR) announced Oct. 26 that it has agreed to sell more than 23,000 apartment units in mainly suburban locations to private equity firm Starwood Capital Group for $ 5.37 billion.

The deal involves 72 properties located in South Florida, Denver, Washington, Seattle and California’s Inland Empire. The sale is expected to close in the first quarter of 2016. Starwood will pay approximately $ 230,634 per unit.


Blackstone to Buy BioMed Realty in $8 Billion Transaction

BioMed Realty Trust, Inc. (NYSE: BMR) said Oct. 8 that private equity firm Blackstone Group L.P. has agreed to acquire the life sciences office and lab space REIT in an all-cash transaction valued at $ 8 billion.

Blackstone’s real estate arm, Blackstone Real Estate Partners VIII, will pay $ 23.75 for each outstanding BioMed common share. This represents a premium of about 24 percent above the closing stock price on Sept. 22, the last date before speculation began about a potential sale of the company.