Andover Data Center II has been purchased by Tampa-based Carter Validus Mission Critical REIT II in a $37 million transaction. Located in Andover, MA just outside Boston, the 153,000 square foot building was 100 per cent leased to hosting and cloud provider Navisite, along with an unnamed weather forecasting company. Built in 2000 on a 23 site, the building features 2,500 kVA of power backed by four gensets, access to multiple network carriers and is protected by biometric security.
“This acquisition is a representation of our commitment to acquire mission critical buildings with long-term, creditworthy tenants. We believe our investment in this facility will add value to our growing portfolio of data center and healthcare assets,” said John Carter, CEO of CVMC REIT II.
