Aphorio Carter Strengthens Data Infrastructure with Trumbull Data Center Acquisition Near Major Cities
Aphorio Carter Expands Its Portfolio with Trumbull Data Center Acquisition
Aphorio Carter Critical Infrastructure Fund, LLC has recently made a significant move in the data center real estate market by acquiring the Trumbull Data Center located in Connecticut for approximately $10 million. This strategic acquisition enhances Aphorio Carter's portfolio, which focuses on critical infrastructure investments, particularly in data centers, and showcases its commitment to meeting the evolving demands of the digital age.
The Trumbull Data Center is uniquely positioned halfway between two major economic hubs – New York City and Boston. Originally constructed in 1960, the facility spans over 8.26 acres and includes two data center pods and one dedicated disaster recovery pod within its expansive 227,552 square feet of operational space. Equipped with remarkable infrastructure including a 15 MW utility power capacity, 2N UPS redundancy, and connectivity through four fiber networks, it's finely tuned to support high-performance data processing and business continuity activities.
Currently, the center hosts five reputable and financially robust anchor tenants. These tenant companies range from global financial service providers to leaders in information technology services, all of whom rely on the secure and versatile environment that the Trumbull Data Center offers.
Aphorio Carter's Chief Investment Officer, John Regan, emphasized that the new addition not only provides immediate value for their investors but also plays a critical role in solving the ongoing logistical challenges faced by the data center market in New York. Despite New York's status as the eighth most developed data center market in the U.S., it faces mounting pressure to accommodate the surging demand for high power density data centers, often resulting in low vacancy rates and escalating rents. Regan's forward-looking statement implies that this acquisition is a calculated response to these challenges, helping to expand Aphorio Carter's ability to cater to growing market needs.
The property’s locational advantages further bolster its strategic importance. Situated 60 miles northeast of Manhattan with direct access to Interstate 95, it offers immediate connectivity to major metropolitan areas. With its ability to support additional tenants, the facility stands out as a robust option for those seeking to establish a presence in one of the nation’s most competitive markets.
This acquisition is particularly noteworthy as it marks Aphorio Carter's seventh purchase of critical infrastructure real estate assets within the past two years, taking their total portfolio to an impressive $203 million. Aphorio Carter continues to focus on income-generating, mission-critical infrastructures, including data center properties that cater to a net-leased model with creditworthy tenants. With a collective experience spanning over a century in digital infrastructure and an impressive track record of 125 data centers acquired globally, Aphorio Carter is well-positioned to navigate and shape the future of the data center landscape.
Through strategic investments in critical infrastructure, Aphorio Carter stands poised to influence market dynamics significantly while effectively meeting the needs of clients and contributing to the future growth of the digital economy.
Aphorio Carter's continued expansion reflects an aggressive growth strategy aimed at capitalizing on the increasing dependency on digital infrastructure by businesses across various sectors. As companies evolve and expand their digital footprints, the demand for reliable data centers will only increase, making Aphorio Carter's acquisitions all the more relevant as they lead the way in infrastructure investment innovation.