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Carter Validus Grabs Largest Data Center in Connecticut | Tony Seruga
May
16

Carter Validus Grabs Largest Data Center in Connecticut

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In addition to the data center, the REIT bought four health care facilities in Illinois and Texas, the purchase price for all five properties being over $141 million.

Carter Validus Mission Critical REIT II Inc. acquired five properties for an aggregate purchase price of $141.5 million. The assets include four health care facilities and the Norwalk Data Center, the largest data center in the state of Connecticut. The acquisitions add up to approximately 362,000 leased square feet.

Following the deal, the REIT entered into two term loans: a $34.2 million loan with Bank of America and a $39.9 million loan with Capital One…

Carter Validus Grabs Largest Data Center in Connecticut

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