Quantum Drive Data Center
Vienna, Virginia

Client
Element Critical (sponsored by Safanad and Industry Capital)

Description
EagleBank provided funds to refinance and improve the 199,097 SF Tier III data center and office building near Tysons Corner, Virginia. Built in 1978 and acquired in 2016, the improved property will feature nearly 130,000 square feet of raised floor, including an 8 MW expansion of critical power in a N+1 redundancy configuration to accommodate publicly traded, investment grade tenants.

Structuring
$67,000,000 debt refinance