Sullivan
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Biography

Events

Events

One of the Largest Global REITs and Its Subsidiary Form a New Joint Venture

Our marquee REIT and Tax teams advised American Tower Corporation (NYSE: AMT), one of the largest global REITs, and its subsidiary CoreSite in the formation of a new joint venture with Stonepeak, a leading alternative investment firm specializing in infrastructure and real property assets, to develop, build and operate an 18-megawatt data center in Denver, Colorado. CoreSite provides IT infrastructure that empowers enterprises and cloud, network and IT service providers to monetize and future-proof their digital businesses. The total estimated development costs for the 18-megawatt data center are expected to be more than $250 million.

Sullivan’s team was led by Ameek Ashok Ponda, director of the Tax Department, with Sullivan Tax partners Joel Carpenter and Sarah Wellings, and associate Connie Lee, contributing to the successful deal.

Ameek Ashok Ponda, Joel R. Carpenter, Sarah D. Wellings and Connie Lee

Past Events

Mastering REITs: Key Tax, Securities and Other Considerations
When: September 24, 2024
Location: mylawCLE Webinar
People: Howard E. Berkenblit, Connie Lee and Sarah D. Wellings
Real Estate Investment Trusts (REITs) and Commercial Foreclosures: Formation, Compliance and Taxation of REITs, and Commercial Foreclosure Litigation
When: July 25, 2024 at 11:00 AM - 1:10 PM
Location: mylawCLE Webinar
People: Sarah D. Wellings and Connie Lee