Behringer Harvard acquires DFW area datacenter campus
Behringer Harvard, a commercial real estate company, on Wednesday announced that it has acquired a 69-acre datacenter campus.
It includes an 87,000 sq.ft. building and 14 acres of developable land located in Arlington, Texas. The building, located at 5000 S. Bowen, is 100% leased to Atos Origin through 2013. The property, built in 1983 by Halliburton, was constructed with 2-foot-thick concrete walls to withstand a category F5 tornado. Substantial amounts of power and fiber-optic connectivity are available for use at the building. Atos Origin has made upgrades to the mechanical, electrical and infrastructure systems of the building, claims the company.
"Given the strong upward pressure on data center rents, this asset presents a potential opportunity to enhance the net operating income of the current tenancy," said Robert M. Behringer, Founder and CEO of Behringer Harvard. "In addition, the significant acreage expands our options with the property for development into either residential or neighborhood commercial use."
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