Aphorio Carter Fund Management Acquires $55 Million Data Center

Aphorio Carter Fund Management Company LLC, a division of Carter Funds focused on acquiring technology-related real estate, announced that it bought Fibertown Data Center inear College Station, Texas for $55 million.

The facility is reportedly 100% net leased to Fibertown, a provider of data center solutions, colocation and business continuity office space throughout Texas.

The acquisition marks the third data center purchase for Aphorio Carter.

Fibertown Data Center currently houses mission-critical systems and disaster recovery operations for Fortune 500 companies and organizations along the Gulf Coast.

The Fibertown Data Center site includes two data center buildings and one office building totaling 69,788 square feet on .57 acres.

Having recently executed a 20-year net lease on the property, Fibertown invested over $30 million into a renovation of the property in 2008 and has invested more than $250,000 in the property annually since 2005.

“The Fibertown Data Center is an extremely well-maintained asset in an ideal location of Texas providing businesses in the Gulf Coast a carrier neutral, one-stop solution for best-in-class technology and amenities to support their business continuity needs,” said John Regan, chief investment officer of Aphorio Carter.

Aphorio Carter is a Carter Funds company investing in infrastructure, data centers, switch sites and technology related real estate.

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