Mapletree Industrial Trust divests Philadelphia data center for US$14.5 million

  • Mapletree Industrial Trust agreed to sell a Philadelphia data center at 2000 Kubach Road for USD 14.5 million in cash.
  • Price implies a 4.3% premium to the USD 13.9 million valuation as of March 31, 2026.
  • Asset totals about 124,190 sq ft of net lettable area on a freehold site of about 1,115,187 sq ft.
  • Sale follows weak leasing interest since the prior lease expired on Dec. 31, 2024.
  • Completion is expected in the third quarter of 2026; proceeds may reduce debt or support working capital.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mapletree Industrial Trust published the original content used to generate this news brief on May 25, 2026, and is solely responsible for the information contained therein.