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T5 Partners Plans Data Center at New Acquisition

EL SEGUNDO, CA-The Atlanta-based data center developer acquires a 121,586-square-foot building at 444 Nash St. here and plans to redevelop it as a data center.

By Bob Howard | Updated on June 05, 2011

EL SEGUNDO, CA-Data Center developer T5 Partners of Atlanta has acquired a 121,586-square-foot shell building at 444 Nash St. here from San Francisco-based Base Partners and plans to redevelop it as a data center. Terms of the sale were undisclosed, but industry sources said T5 paid $30 million for the property.

Base Partners was represented by Jones Lang LaSalle managing director Chris Strickfaden, along with managing director Steve Solomon and SVP Curt Holcolmb; the buyer was represented in-house.

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