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Carter, T5 Join to Develop Data Centers

ATLANTA-The commercial real estate firm forms a strategic alliance with the mission-critical facilities developer.

By Crystal Proenza | Updated on March 25, 2009

ATLANTA-In a plan to enter the data centers and mission critical facilities market, locally based commercial real estate firm Carter has formed a strategic alliance with T5 Partners LLC. The Atlanta-based firm specializes in development and services of data, contact and mission critical facilities. The alliance plans to construct data centers across the country in strategic locations that meet the needs of corporate America, says Pete Marin, president of T5 Partners.

“We’ve known each other for 15 years and have worked together in the past,” Scott Taylor, president of Carter, says of his partnership with Marin’s firm. “We talked about pursuing opportunities jointly and thought there would be fortuitous chances for us to partner while allowing T5 to maintain their own brand and autonomy and leverage the platform we have at Carter. This allows us to align with a very experienced group of technically sound professionals within a segment in the market we had not been effective in as we’d like.”

The alliance will offer end-to-end solutions for specialized high-tech real estate needs. As of now, the partnership does not have any plans as to how many projects it will look to undertake, but hopes to stay ahead of the sector of mission-critical facilities, Marin tells GlobeSt.com. “What we’re seeing is demand is continuing to out-top supply and that imbalance is expected to be in place for the next three to five years.”

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