Infrastructure fund Aphorio Carter has acquired a data center in Bryan, Texas leased to colo firm Fibertown.

The Aphorio Carter Fund Management Company, a critical infrastructure and data center division of Carter Funds, announced this week that it has acquired the Fibertown Data Center at 110 N Main Street in Brazos County for $55 million.

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The facility is 100 percent net leased to colocation provider Fibertown. Located east of Austin and north of Houston, the site includes two data center buildings and one office building totaling 69,790 square feet (6,480 sqm) on just over half an acre. The site offers 3MW of IT load capacity.

Fibertown has reportedly invested over $30 million into a renovation of the property in 2008 and has invested between $250,000-$500,000 in the property annually since 2005. The company recently executed a 20-year net lease on the property.

"The Fibertown Data Center is an extremely well-maintained asset in an ideal location of Texas providing businesses in the Gulf Coast a carrier-neutral, one-stop solution for best-in-class technology and amenities to support their business continuity needs," said John Regan, chief investment officer of Aphorio Carter. "The incredible demand for technology, digital storage, data transmission, and added capacity at data centers that support our digital-driven world continues to grow rapidly and we are excited about the opportunity and value this data center brings to our portfolio.

The acquisition marks the third data center purchase for Aphorio Carter. The company is part of the Carter Funds group, which previously included major data center investor Carter Validus.

Another Carter group company, AC DataCom Digital Infrastructure Investment, recently secured $43.8 million in financing against a data center in Virginia, reportedly to fund further infrastructure investments.

Founded in 1997, Fibertown also operates a 10,000 sq ft, 6MW data center in Houston built around 2011.

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