Carter Validus Mission Critical REIT has acquired two properties from data center provider IO, which will continue to use the facilities through a long-term lease.
IO's current data center project in Slough, England, will be its last company-built data center. The company will focus on partnerships with service providers for future expansion into new markets.
Provider has deployed dozens of modular data centers in its massive facility overlooking the New Jersey Turnpike in Edison, establishing itself as a major player in the highly competitive New Jersey market.