JV ACQUIRES ATL DATA CENTER FOR $94.75M

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ATLANTA — A joint venture between Carter Validus Mission Critical REIT (CV Reit) and three institutional investors has purchased the 338,000-square-foot Peachtree Data Center, located in downtown Atlanta, for $94.75 million. CV REIT will control and run the operations of the property, which is currently fully leased to six tenants. The building underwent a $230 million renovation in 2010.

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