Onnec installs and maintains data center cables and equipment racks across Europe and Asia Pacific.
CBRE agreed to acquire London-based Onnec Group for $610 million in cash, The Real Deal reported, citing the Wall Street Journal.
Up to $400 million more could be paid if Onnec hits growth targets in the coming years, pushing the total past $1 billion.
Onnec installs and maintains data center cables and equipment racks, with operations across Europe and Asia Pacific.
Reported by the Deals desk from The Real Deal — National and Wall Street Journal (via The Real Deal). Published . Corrections
Yards of 10 acres or less hold contractor equipment and materials for data center projects, The Real Deal reported, citing the Wall Street Journal.
Cohen Brothers Realty is developing the 438,000-square-foot, 23-story West Palm Point, due in the first quarter of 2029.
TA Realty sold the 156,000-square-foot Two Greenway Centre, which last traded at $43.5 million.
The 1.43-acre La Porte property is fully leased to Sage Envirotech and sits near the Barbours Cut container terminal.
The 38-acre North Scottsdale property comes with 13 acres of developable land beyond the 210 rooms.
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