Tampa REIT buys $95M building

TAMPA -- Carter Validus Mission Critical REIT Inc. acquired Peachtree Data Center, a wholesale data center located in Atlanta, for $94.75 million.

The building sits on 3.1 acres of land, and offers 338,000 square feet of commercial space. The property is currently 100% leased by six tenants, including three Fortune 500 companies, Carter Validus says.

Because of the secure nature of the operations taking place at the data center, Carter Validus says the tenants wish to remain anonymous. But the REIT does say the tenants carry an average remaining lease term of more than 11 years.