A data center in Charlotte, North Carolina is available to buy or lease.
The data center is currently operated by fiber provider Segra, but the company will soon be exiting with its contract nearing completion.
Five 9s Digital is listing the facility as available for sale or lease. Neither a sale or lease price was shared.
“Segra is in the beginning stages of migrating out of the 1612 Cross Beam Drive data center due to duplication of facilities in the area. The data center equipment and infrastructure will remain in the building at lease expiration,” Five 9s said.
The 18,070 sq ft (1,680 sqm) single-story building offers 12,000 sq ft (1,115 sqm) of data center space and 1.5MW of expandable power.
The property features eight 30-ton Liebert CRAC units on a glycol loop and three 100-ton Liebert dry coolers supporting heat rejection.
“Potential exists for a data center operator to accelerate occupancy prior to the lease expiration date pending the Segra move-out schedule or working with Segra to become a potential customer during the migration pending mutual agreement,” Five 9s said.
EQT acquired Spirit Communications and Lumos Networks in 2017, merging the two to create a new major regional fiber provider in the Mid-Atlantic and Southeast US called Segra. Segra then acquired NorthState in a $240 million deal in May 2020.
EQT then sold Segra’s Commercial Services Business to Cox Communications in 2021, retaining Segra’s residential and SMB business in 2021. Lumos Networks and NorthState were retained by EQT and broken out again as standalone businesses.
Five 9s said Segra inherited four Charlotte data centers upon acquiring Lumos and NorthState, hence the decision to leave 1612 Cross Beam Drive – a former Lumos facility the company took over as part of its acquisition of DC74 in 2017.
On its website, Segra says it has nine facilities totaling more than 265,000 square feet. The company currently lists three data center sites in Charlotte at 3100 Internation Drive (7,800 sq ft, 850kW), 3101 Internation Drive (28,000 sq ft, 750kW), and 1612 Cross Beam Drive (known as Charlotte-4)
The company also lists three more data center sites across North Carolina in Kannapolis (45,215 sq ft, 2.4MW), Raleigh (37,800 sq ft, 3MW), and Winston-Salem (140,000 sq ft, 3.5MW).
The Kannapolis facility was built in 2014 for NorthState and sold by Five 9s last year for $11.4 million. Five 9s acquired the facility in May 2020 for $8.4 million from N.C. Research Campus founder Castle & Cooke. Though the buyer wasn't listed, it was likely DigitalBridge-owned Landmark Dividend.
