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Lincoln Property Company Marketing Suburban Atlanta Data Center for Sale

20 Mar 2014

GE-DataCenter003-Alpharetta-sfOn behalf of an institutional owner, Lincoln Property Company Southeast (Lincoln) is marketing for sale a 190,000-square-foot data center in suburban Atlanta.

Located at 1001 Windward Concourse in Alpharetta, in the North Fulton submarket of metro Atlanta, the state-of-the-art, facility is subject to a long-term, credit-tenant lease that runs through 2020. The facility was built in 1986 for Contel Corp. and sits on a 20.5-acre site that allows for future expansion. It was purchased by its current owner in 1992, and the building has been substantially upgraded since that time. The property consists of 45,000 square feet of office space, 115,000 square feet of data center space and 30,000 square feet of support space.

North Fulton is home to one of the highest concentration of corporate data center facilities in the Southeast, and the market’s educated labor force, fiber optic networks and abundant power supply have made this area a mecca for data centers.

“In addition to being great real estate, this facility sits in the hub for data centers in the Southeast and in metro Atlanta. We anticipate the technical attributes of the property combined with the high-credit tenancy will attract a tremendous amount of investor interest,” said Tony Bartlett, senior vice president of Lincoln who oversees the firm’s Atlanta office.