CV Acquires Charlotte Data Center for $16M
- May 30, 2017
Carter Validus Mission Critical REIT II Inc. acquired Charlotte Data Center II for an aggregate purchase price of $16.4 million. At the time of the sale, the 52,924-rentable-square-foot colocation facility was 100 percent leased by Atos. Previously, Xerox was a tenant as well.
The property is situated at 1400 Cross Beam Drive. The asset features a desirable location for data center operations, due to the site’s low energy costs, abundant and reliable power and ease of accessibility.
“Ideally located and fully leased to a leading global technology company, we believe this investment will translate into added value for our stockholders,” John Carter, CEO of CV Mission Critical REIT II, said in a prepared statement.
Most recently, the trust bought Connecticut’s largest data center facility for roughly $58.9 million, along with four additional healthcare properties.
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