{"id":1004178746,"date":"2017-05-30T06:00:13","date_gmt":"2017-05-30T14:00:13","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004178746"},"modified":"2022-12-08T10:24:51","modified_gmt":"2022-12-08T18:24:51","slug":"cv-acquires-charlotte-data-center-for-16m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cv-acquires-charlotte-data-center-for-16m\/","title":{"rendered":"CV Acquires Charlotte Data Center for $16M"},"content":{"rendered":"

By Robert Demeter<\/em><\/p>\n

\"1400<\/a>

1400 Cross Beam Drive<\/p><\/div>\n

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.<\/p>\n

The property is situated at 1400 Cross Beam Drive. The asset features a desirable location for data center operations, due to the site\u2019s low energy costs, abundant and reliable power and ease of accessibility.<\/p>\n

\u201cIdeally located and fully leased to a leading global technology company, we believe this investment will translate into added value for our stockholders,\u201d<\/em> John Carter, CEO of CV Mission Critical REIT II, said in a prepared statement.<\/p>\n

Most recently, the trust bought Connecticut\u2019s largest data center<\/a> facility for roughly $58.9 million, along with four additional healthcare properties.<\/p>\n

Image courtesy of Google Maps<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The asset features a desirable location for data center operations, due to the site\u2019s low energy costs, abundant and reliable power and ease of accessibility.<\/p>\n","protected":false},"author":49,"featured_media":1004178748,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21755,21783,21742],"tags":[32935,35577,35876],"class_list":["post-1004178746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charlotte","category-data-centers","category-investment","category-latest","tag-carter-validus-mission-critical-reit-inc","tag-john-carter","tag-xerox"],"acf":[],"yoast_head":"\nCV Acquires Charlotte Data Center for $16M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cv-acquires-charlotte-data-center-for-16m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CV Acquires Charlotte Data Center for $16M\" \/>\n<meta property=\"og:description\" content=\"The asset features a desirable location for data center operations, due to the site\u2019s low energy costs, abundant and reliable power and ease of accessibility.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cv-acquires-charlotte-data-center-for-16m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-30T14:00:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T18:24:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Capture1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"896\" \/>\n\t<meta property=\"og:image:height\" content=\"805\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cv-acquires-charlotte-data-center-for-16m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cv-acquires-charlotte-data-center-for-16m\/\",\"name\":\"CV Acquires Charlotte Data Center for $16M - 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