Vantage Data Centers has secured a $350M loan secured by a research building it owns in Santa Clara, financing it will use to convert the property into a 479K SF data center campus.

Paris-based Societe Generale provided the loan for Vantage as a deed of trust backed by the 7-acre site at 2590 Walsh Ave. First American Title was a neutral third party in the transaction.

Vantage acquired the 114K SF research building for $40M last year.

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