Aphorio Carter Critical Infrastructure Fund LLC, a 506(c) private placement offering focused on data centers and technology-related real estate, has acquired Connecticut’s Trumbull Data Center for approximately $10 million.
The property was originally built in 1960 in the town of Trumbull, about 60 miles northeast of Manhattan, and it encompasses 8.26 acres. It is operated as a multi-tenant facility with two data center pods and one disaster recovery pod and features 227,552 square feet of space. The facility has infrastructure for high-performance data and business continuity requirements with 15 MW of utility power, 2N UPS redundancy, and access to four fiber networks.
According to the company, the facility hosts five high-profile credit-worthy anchor tenants, including a leading global financial services group, an international digital business and information technology services leader, a FINRA-registered broker-dealer, an automated equities trading solution company, and a global investment firm.
Aphorio Carter added this is its seventh critical infrastructure real estate purchase within the last two years, which brings its portfolio to $203 million in critical infrastructure and data center assets under management.
“Our data center portfolio continues to grow with the acquisition of the Trumbull Data Center, aiming to deliver additional value for our investors,” said Chief Investment Officer John Regan. “Strategically located in Connecticut with proximity to New York City, top-tier tenants, and strong investment fundamentals, the facility is an accretive addition for Aphorio Carter. New York is the eighth most developed US data center market yet is struggling to meet AI demand for high power density data centers resulting in low vacancies and rising rents. We hope that our newest acquisition will help meet the growing demand for data center space in that region.”
;
