Lifeline Eastgate

Company: Lifeline Data Centers LLC
Metro: Indianapolis
State: Indiana
Country: United States
Region: North America
Region: Americas
Address:
Gross SqFt: 90,000

Lifeline Data Centers bought the 40-acre property in May 2008 from a Dallas entity, JTL Capital LLC, that had expected to tear it down. Lifeline said it would instead invest $23 million to turn the 450,000-square-foot vacant retail center into a data hub.

Eastgate was a 370,000 square foot shopping center built in 1957 that fell into decline around 2000 and was closed in 2004 when the owner couldn’t pay back taxes.