RICHARDSON, TX-Tampa-based Carter Validus Mission Critical REIT Inc. has purchased a data center measuring 20,000 square feet in Richardson for an amount of $28.9 million. The property sits on a 1.52-acre site in the Telecom Corridor area in Richardson.

The data center is fully leased to a national health organization of Standard & Poor's. The data center acquisition fits within the REIT's investment strategy. For the full story, go to Dallas Business Journal .


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.