Aphorio Carter Buys Colorado Data Center for $7.3M
The Centennial Data Center in Centennial, CO was acquired by Aphorio Carter Critical Infrastructure Fund, LLC, a 506(c) private placement offering that specializes in critical infrastructure and data center investments, for an estimated $7.3 million.
The site is a colocation data center that has been fully leased to two unnamed “high-profile, Fortune 500 companies,” the company stated. One of the tenants is a “globally recognized” digital infrastructure industry leader, while the other is a “major global telecommunications company” and one of the leading wireless carriers in the U.S.
The Centennial Data Center spans 2.67 acres and features over 30,000 square feet of space, three generator backup systems, and AC/DC power rooms.
“As the demand for data centers and data processing continues to soar, our ability to successfully execute deals in the technology infrastructure space, like this acquisition, reaffirms our commitment to aggregating a strong portfolio of critical assets in the U.S. and creating value through data center real estate,” said John Regan, CIO of Aphorio Carter.
The acquisition represents Aphorio Carter’s sixth critical infrastructure real estate purchase in the past two years, increasing the Aphorio Carter portfolio to $193 million in critical infrastructure and data center assets under asset management.
Aphorio Carter is a Carter Funds company investing in income-producing, mission-critical infrastructure, data centers, and other high-growth, technology-related real estate. The firm targets acquisitions that are net-leased to creditworthy tenants and include wholesale, enterprise, colocation, edge, switch, and cloud data center properties.
Recent data from Synergy Research Group showed that data center-oriented M&A transactions in 2024 are once again on the brink of surpassing $40 billion, following a lackluster 2023. Data revealed that 2021 and 2022 were the peak years for the aggregate value of all signed deals. In both years, the total value of closed transactions was around $50 billion.