Five 9s Structures Data Center Sale-Leaseback in Ohio
Five 9s Digital structured a long-term data center sale-leaseback for a data center colocation and managed services operator in Central Ohio. The highly resilient data center is a purpose-built state-of-the-art facility with substantial equipment and infrastructure investment made by the owner/operator.
The sale-leaseback transaction offered a successful transition by the data center owner to tenancy in a long term triple-net lease unleashing "tied-up" to real estate capital in an effort grow its data center operations business. The overall transaction was considered mutually successful to both buyer and seller.
Data center sale-leaseback transactions continue to be a beneficial structure for data center operators and corporations that own their facilities due to the high investment criteria and consistent IT refresh obligations and allows immediate access to fresh capital in exchange for a newly negotiated mutually beneficial lease.
