Lincoln Rackhouse and Principal Real Estate Investors have announced the acquisition of a data centre located in the heart of Atlanta.
The 185,000 sqft facility provides over 7MW of capacity, which can be expanded to over 13MW. The site can also support a separate 30MW ground-up data centre development.
“We’re proud to partner with Principal Real Estate Investors in a market that’s quickly become one of the most robust data centre regions in the US,” stated Martin Peck, Executive Vice President, Lincoln Rackhouse.
“Our plan is to begin immediate development of additional turn-key critical floor space, that will ultimately align and address our customer’s current and future expansion needs.”
“This acquisition of a high-quality asset in such a dynamic market provides an excellent addition to our portfolio of data centres,” added Ben Wobschall, Managing Director, Portfolio Management for Principal Real Estate Investors.
“We’re thrilled to be able to bring immediate availability and expansion to accommodate our customers’ growth in the Southeast.”
St. Louis-based Ascent will continue to provide facilities management, engineering and construction services to the site. Marketing and leasing with be provided by Digital Crossroad and CBRE’s Atlanta-based data centre solutions team.