RALEIGH, NC- Carter Validus Mission Critical REIT, Inc. has acquired the Raleigh Data Center for $19.5 million.

The Tampa-based REIT's latest acquisition is located in Morrisville, NC, near Raleigh-Durham International Airport.

The property, originally constructed in 1997, is a multi-tenant data center that is 100% leased to four tenants. The 143,770-square-foot data center is situated on 12.26 acres. The seller of the property was not revealed.

“Given the property's desirable location and long term leases with high-quality tenants, we believe that the Raleigh Data Center is a great addition to our growing portfolio of mission critical real estate,” states John Carter, CEO of Carter Validus Mission Critical REIT.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.