Carter Validus Adds Data Center in New Jersey

Carter Validus Adds Data Center in New Jersey

TAMPA, FL – July 3, 2013 – (RealEstateRama) — Carter Validus Mission Critical REIT, Inc. announced today that it has acquired the Infocrossing Data Center property in Leonia, NJ. It is strategically located in close proximity to New York City.

The property is a colocation data center that measures approximately 67,000 square feet including over 25,000 square feet of raised floor white space. It is 100% leased to Infocrossing, Inc., a wholly owned subsidiary of Wipro (S&P BBB+), a global leading IT consulting and outsourcing company. Wipro is headquartered in India with operations in over 54 countries.

John Carter, CEO of Carter Validus Mission Critical REIT, stated, “We’re pleased to add an asset of this quality in an important data center market like New York City and continue to add to our portfolio of mission critical assets.”

Server Farm Realty, a national data center developer and operator, collaborated with Carter Validus Mission Critical REIT in its purchase of the property.

Carter Validus Mission Critical REIT, Inc. is a real estate investment trust that invests in mission critical real estate assets located throughout the United States. Mission critical real estate assets are purpose-built facilities designed to support the most essential operations of tenants. Carter Validus Mission Critical REIT, Inc. focuses its acquisitions of mission critical assets in the data center and healthcare sectors.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and phrases such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “should,” “will” and other similar terms and phrases, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. Although the company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. The company undertakes no obligation to update any forward-looking statement contained herein to confirm the statement to actual results or changes in the company’s expectations.

Contacts:

Carter Validus Mission Critical REIT, Inc.
John Carter, CEO
813-287-0101

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