Tampa REIT Acquires Wisconsin Data Center

Source:  Business Journals

Tampa-based Carter Validus Mission Critical REIT has acquired the AT&T Data Center in suburban Milwaukee for about $52 million. The deal involved AT&T Services Inc. leasing back the nearly 143,000-square-foot building for 10 years. Through the end of August, the REIT had invested $601.7 million in a 14-state portfolio of 1.9 million rentable square feet. Occupancy was 100 percent at that time.

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