TAMPA, Fla.--(BUSINESS WIRE)--Carter Validus Mission Critical REIT, Inc. announced today that it has purchased a data center property in Andover, Massachusetts, for $12,000,000. The property is situated 25 miles north of Boston in an area that caters to financial, education, healthcare, technology and biotech users.
The property is 100% leased under a long term, net lease to a leading provider of advanced network communications, including cloud computing and managed services. The purpose-built facility, originally constructed as a build-to-suit for a major telecommunications company, totals 92,700 square feet and has benefited from extensive capital investment by the current tenant.
“We are pleased to continue to expand our diversified portfolio of mission critical real estate assets throughout key markets across the United States,” said John Carter, CEO of Carter Validus Mission Critical REIT, Inc.
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. Mission critical real estate assets are purpose-built facilities designed to support the most essential operations of tenants. Carter Validus Mission Critical REIT, Inc. focuses its acquisitions of mission critical assets in the data center and healthcare sectors.
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