Carter Validus REIT Contemplates Future Path
This multi-tenant data center building at 180 Peachtree in Atlanta was the first property acquired by Carter Validus Mission Critical REIT. (Image: Carter Validus)
ASHBURN, Va. – In buying more than 30 data centers over the last five years, Carter Validus Mission Critical REIT has often provided an exit for facility owners looking to sell their properties. The company continues to weigh whether there’s an exit strategy in its future.
Carter Validus has grown through acquisitions in a period when a number of data center assets have come up for sale. Carter Validus explored strategic alternatives last year, but opted to end the process, citing difficult market conditions.
Christof Hammerli, the Chief Acquisitions Officer for Carter Validus, said the company will eventually evaluate options again, which could include a sale or initial public offering (IPO).