Carter Validus REIT bought a 135,000-square foot data center facility in Andover, Massachusetts. The data center is currently leased to two tenants, one is Charter Communications and the other is Navisite, the cloud provider. Carter Validus reportedly paid $37 million for the facility.
Carter Validus has recently acquired data centers in Los Angeles, New Jersey, and in Franklin, Tennessee. The company currently owns nearly 50 properties.