Carter Validus Mission Critical REIT, Inc. acquired the Alpharetta Data Center II property for $56.7m in the fourth quarter of 2014, and also the Landmark Hospital of Savannah in the same package.
Alpharetta Data Center II is a 165,000-square-foot enterprise data center facility located in Alpharetta, Georgia.
Situated on 14.40 acres, the facility was purpose-built in 1999 to serve as the operations center for a financial services company.
It was designed to be fault-tolerant and withstand winds up to 200 MPH.
The data center supports 10 MW of total load, which is fed from redundant utility substations.
It is served by four fiber providers, and includes 50,440 square feet of 36-inch raised floor and 59,746 square feet of supporting infrastructure.
It’s all REIT now
John Carter, Chief Executive Officer of CVMC REIT said: “The addition of both the Alpharetta Data Center II and the Landmark Hospital of Savannah properties is representative of our commitment to acquire high-quality, mission critical assets in the healthcare and data center industries.”
Carter Validus Mission Critical REIT, Inc., is a real estate investment trust that invests in mission critical real estate assets located throughout the United States.