Carter Validus Sells 59,516 SF Data Center Near Milwaukee for $21M
HARTLAND, WIS. — Carter Validus Mission Critical REIT Inc. has sold its Milwaukee Data Center in Hartland, about 30 miles west of Milwaukee, for $21 million. The 59,516-square-foot property sits on nearly eight acres. Landmark Infrastructure Operating Co. LLC purchased the asset. The company also recently sold a data center in Alpharetta, Ga., for $64 million. Carter Validus Mission Critical (CVMC) REIT I owns one remaining data center in Andover, Mass., but CVMC REIT II owns 27 data center properties as of the end of the first quarter...   ...more

Ken Notes: Data centers could also be huge for Wisconsin. If we have the right backbone, we have the rest in spades - reliable power, secure locations, good construction, strong workforce, desirable living, affordability.



- - Volume: 6 - WEEK: 26 Date: 6/26/2018 8:35:28 AM -