On December 16, the Carter Funds investing company Aphorio Carter Critical Infrastructure Fund, LLC, announced that it has acquired the Trumbull Data Center in Trumbull, Connecticut (60 miles northeast of Manhattan) for approximately $10 million.
John Regan, chief investment officer of Aphorio Carter, said that with its location and high-profile anchor tenants, the facility is an accretive addition to Aphorio Carter’s data center portfolio.
“New York is the eighth most developed U.S. data center market yet is struggling to meet AI demand for high power density data centers resulting in low vacancies and rising rents,” said Regan in a press release. “We hope that our newest acquisition will help meet the growing demand for data center space in that region.”
Aphorio Carter reports that the multi-tenant facility spans over eight acres and has infrastructure for high-performance data and business continuity requirements with 15 MW of utility power, 2N UPS redundancy, and access to four fiber networks.
The acquisition of the Trumbull data center marks Aphorio Carter’s seventh critical infrastructure and data center purchase in the past two years.