Legacy Data Center
Alpharetta, Georgia

Client
Legacy Investing, LLC

Description
PRC structured debt and equity for the acquisition and joint venture operation of a fully-leased Tier IV data center that was purpose-built in 1999 for its primary occupant, an institutional credit tenant. The 165,000 SF mission-critical data center is located on a 14.46-acre site with 50,440 SF raised data space and 58,814 SF office space, with the remaining space occupied by data center infrastructure. The data center offers 4 megawatts of critical power in a 2N+ 1 configuration with the ability to expand its power density.

Structuring
Guggenheim Partners provided a balance sheet loan in the amount of $41,900,000 of permanent financing for the acquisition. A private equity investment firm provided $20,340,000 to form a joint venture with Legacy to acquire and operate the data center.