Aphorio Carter, an infrastructure fund, has purchased a Bryan, Texas, data center that was leased to the colocation company Fibertown. The Fibertown Data Center at 110 N Main Street in Brazos County was purchased by the Aphorio Carter Fund Management Corporation, a critical infrastructure and data center branch of Carter Funds, for $55 million this week. The colocation service company Fibertown has a 100 percent net lease on the building. The 69,790-square-foot facility, east of Austin and north of Houston, has two data center buildings and one office structure on slightly over half an acre. The location has a 3MW capacity for IT load.
According to reports, Fibertown renovated the building in 2008 for an estimated $30 million, and since 2005, it has allegedly made annual investments in the range of $250,000 and $500,000. The corporation just completed a 20-year net lease for the property. With this acquisition, Aphorio Carter has now purchased three data centers. The company is a member of the Carter Funds family, including Carter Validus, a significant investor in data centers. To apparently finance more infrastructure projects, AC DataCom Digital Infrastructure Investment, a different Carter group entity, recently obtained $43.8 million in financing against a data center in Virginia. Established in 1997, Fibertown also has a 10,000-square-foot, 6-megawatt data center constructed in Houston in 2011.
