1547 Data Center Real Estate Fund II, an affiliate of fifteenfortyseven Critical Systems Realty, an owner, operator and developer of data center space, in partnership with Harrison Street, has acquired AH Wells Building in Milwaukee, Wis.
The 15-story, 165,000-square-foot building located at 324 East Wisconsin Avenue was purchased from Ascendant Holdings, a Wisconsin-focused commercial real estate development and investment company.
“We are thrilled about this acquisition, our first with Harrison Street,” said J. Todd Raymond, CEO of 1547. “The AH Wells Building is a strategic fiber convergence point in the Upper Midwest with significant upside value as edge data center requirements continue to grow exponentially. Our plan is to build on the great work of the Ascendant team and make significant investments in the power and cooling infrastructure. We are excited to resurrect this century old, purpose-built, communications property and redevelop it into the premier
