Aphorio Carter Fund Management Company, LLC (Aphorio Carter), a leading investment management company specializing in acquiring digital and mission-critical infrastructure, including data centers, has recently announced the acquisition of the Tucson Tech Data Center in Tucson, Arizona. This strategic move solidifies Aphorio Carter’s position in the data center market while demonstrating their commitment to sustainable and renewable energy practices.
Tucson Tech Data Center: An Overview of the Facility
The Tucson Tech Data Center, now under the ownership of Aphorio Carter, is situated on a spacious eight-acre property and boasts an impressive 40,790 square feet of raised floor space. With a robust capacity of 6.56MW, the facility is equipped to handle the demanding requirements of its tenants. This acquisition further strengthens Aphorio Carter’s portfolio, adding a high-quality data center to their list of assets.
Acquisition Details and Planned Investment
For a purchase price of $13 million, Aphorio Carter acquired the Tucson Tech Data Center from Symantec/NortonLifeLock. Additionally, they have allocated an additional $8 million for upgrades and improvements to enhance the facility’s infrastructure and operational efficiency. These investments reflect Aphorio Carter’s commitment to providing state-of-the-art data center facilities for their clients.
Rich History, Solid Foundation
The Tucson Tech Data Center, constructed in 1989, has a rich history as it served as a vital infrastructure hub for Symantec/NortonLifeLock. Originally designed for seamless data management, the facility’s solid foundation and advanced architectural features make it an ideal choice for Aphorio Carter’s investment and upgrade plans.
Leasing Agreement with TECfusions
Under a 15-year absolute triple net lease, the Tucson Tech Data Center is fully occupied by TECfusions, a newly founded data center development and operations entity focused on energy-efficient microgrid development. This long-term lease agreement ensures stable returns for Aphorio Carter while allowing TECfusions to harness the benefits of the facility’s advanced infrastructure.
A Sustainable Approach: Prioritizing Renewable Energy
The Tucson Tech Data Center aligns with Aphorio Carter’s commitment to sustainability. With a dedicated focus on sustainable data center construction and renewable power sources, the facility demonstrates the innovative strides being made in the industry. By incorporating energy-efficient technologies and practices, this data center supports Aphorio Carter in their mission to pursue environmentally-friendly solutions.
Aphorio Carter is renowned for its expertise in acquiring and managing digital and mission-critical infrastructure assets, including data centers. With the acquisition of the Tucson Tech Data Center, Aphorio Carter strengthens its position as a market leader while expanding its footprint within the data center industry. This is their fourth data center acquisition, further signifying their commitment to this sector.
Introducing TECfusions: A Pioneer in Data Center Development and Operations
TECfusions, the lessee of the Tucson Tech Data Center, is a visionary organization dedicated to developing and operating data centers with a strong focus on energy efficiency and microgrid utilization. With this new partnership, TECfusions has a solid platform from which to advance its mission of constructing sustainable and efficient data center facilities.
Expansion Plans and a Vision for the Future
TECfusions has ambitious aspirations for the Tucson Tech Data Center. With the planned upgrades, the facility will be transformed into a robust 17MW data center. The company envisions the potential for the development of a 100MW data center campus in the future, further solidifying Tucson’s position as a key data center hub in the region. These expansion plans highlight the immense growth and potential for the data center industry in Tucson.
In conclusion, Aphorio Carter’s acquisition of the Tucson Tech Data Center signifies their dedication to the digital infrastructure market and their commitment to sustainable practices. The facility’s impressive specifications, partnerships with TECfusions, and plans for expansion reinforce Aphorio Carter’s position as an industry leader. With a focus on renewable energy and efficient operations, the Tucson Tech Data Center stands poised to make significant contributions to the evolving data center landscape.