The Tampa, Florida-based Carter Validus Mission Critical REIT II acquired a major Norwalk data center in March 2017 for exactly $58,884,953. The property, located at 10 Norden Place #B and more commonly known as 6 Norden Place, boasts 167,691 rentable square feet and is considered the largest data center in the state.
The Fairfield County Flex/Industrial Market is comprised of 60,880,000 square feet of inventory. As of the 2nd Quarter 2017 the vacancy rate in Fairfield County is 9.4%, 120 basis points lower than the 2nd Quarter 2016, and 364 basis points lower than the ten year average.
Chris Kerin will be among the presenters at the Northeastern Regional Association of Assessing Offices Conference. The conference runs from May 21st through May 24th and is being held in Mystic, Connecticut this year.