Southeast

Element Critical's Northern Virginia facility at 7990 Quantum Drive was built in 1978 and acquired by Safanad Industry Capital Internet Infrastructure, L.P. in 2016 from The Meridian Group.

The properties in the portfolio have an average vintage of 2004, boast low vacancy rates, and offer affordable options for renters in attractive Texas and Florida markets, Starwood Capital states.

Economic growth, affordability and local culture have kept Denver as a top investment market.

Overall, 2018 was the cycle's best year with 52.2 million square feet of gross leasing across all industries, while 2011 was the second best at 45.3 million square feet, according to a report by Cushman & Wakefield.

The joint venture partnership will focus on developing class-A multifamily in US growth markets.

The only attribute that remains consistent is hard work.

The nearly $42 million joint-venture transaction consists of 13 apartment buildings, which the firms plan to cohesively rebrand.

The firm intends to invest $70 million in the initial breakfast locations, with plans to open 35 restaurants by the end of 2025.