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Lincoln Rackhouse and Principal Real Estate Investors have acquired a data center in Alpharetta, GA.

Lincoln Rackhouse, Principal Real Estate Investors Acquire Alpharetta Data Center

Lincoln Rackhouse, the data center division of Lincoln Property Company, and Principal Real Estate Investors have acquired a tier 3, enterprise-grade data center in the Atlanta submarket of Alpharetta, GA.

The 185,000-square-foot facility sits on a 38-acre parcel with more than 7MW of capacity, and a design to expand to over 13MW. The site can support a separate 30MW ground up data center development.

Ascent will continue to provide facilities management, engineering and construction services to the site. Marketing and leasing are provided by Digital Crossroad and CBRE.

According to Data Center Hawk, Atlanta’s data center market continues to grow due to the favorable business climate, competitive colocation and cloud environments, reasonable power cost, low natural disaster risk and robust connectivity. The city has more than 55 colocation providers and enterprises.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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