Investment Firm Acquires Charlotte Data Center for $16.4M
Carter Validus Mission Critical REIT II, a real estate investment trust, has acquired a Charlotte, N.C.-based data center for $16.4 million.
The 100% leased colocation data center has 52,924 rentable square feet and serves customers across the Charlotte-Concord-Gastonia area in North and South Carolina.
Carter Validus has made multiple data center acquisitions over the past year. In fact, the company spent roughly $350 million on data center purchases in 2016, Business Observer estimates.
The company typically invests in colocation, cloud, wholesale, and enterprise-type data center facilities in the United States, including:
Shell – A new or existing building without improvements;
Shell Plus – A building with available power and connectivity; and
Turn-key – A building that is ready for immediate use.
Scores of data centers have traded hands in the past year. Among the biggest deals of note:
- Equinix 29 Verizon data centers for $3.6 billion in cash
- Crown Castle Acquires Wilcon Fiber Optics & Data Centers
- OVH Acquires Oregon Data Center
- Real Estate Investment Trusts Keep Buying Data Centers
- CyrusOne Acquires Sentinel Data Centers