Denver

The Class A property, with 34,500 square feet of ground floor retail space, is expected to be ready for occupancy by the end of the first quarter of 2021.

The fund, structured as a REIT under a 506(c) designation, is an evergreen fund focusing on 75% value-add, and 25% cash-flowing commercial real estate investments in primarily Western growth markets, including but not limited to Colorado, Utah, Texas, Arizona, New Mexico and California.

Company officials say the CH2 data center is designed to leverage an interconnected campus environment with plans to deliver connection via redundant high-count dark fiber to CoreSite's CH1 data center, the company's key interconnection hub in Chicago.

Witten has closed more than $12 billion in multifamily sales. Prior to his appointment at Aimco, Witten served the last 20 years with Marcus & Millichap.

Apartment complex Ridge at Wheatlands in Aurora trades hands for a record-breaking price-per-unit.

The company states with those two lease deals on the books, the firm's approximately 11.2 million square-foot California industrial footprint has grown to 93.5% leased.

The deal follows another major financing transaction secured for a McWhinney project. Last week, Berkadia announced it closed $170 million in financing for McWhinney's Great Wolf Lodge in Garden Grove, CA.

The increase in market value of MetLife's CRE investments is being driven by strong activity throughout North and South American, European, and Asian markets.