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Exterior of data center Carter Validus Mission Critical REIT acquired 180 Peachtree, one of 14 data centers in the portfolio, in 2012.

TAMPA, FL—Carter Validus Mission Critical REIT Inc., which specializes in purpose-built properties in the healthcare and data center sectors, said Tuesday it had struck two purchase and sale agreements with a combined value of more than $1 billion. The non-traded net lease REIT has agreed to sell a Chicago-area facility to Digital Realty for $315 million, and separately it has signed a deal to sell a 14-property portfolio to a joint venture of Mapletree Investments Pte Ltd. (MIPL) and Mapletree Industrial Trust (MIT) for about $750 million.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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