BlackBerry sells Data Center for $30M in Leaseback Arrangement

The former site of a BlackBerry facility has been purchased February 24 for $30 million and will become a data center for Ascent.

Ascent, which provides comprehensive data center solutions, in partnership with TowerBrook Capital Partners, bought the 40-acre property at 4905 North Point Parkway and Kimball Bridge Road.

BlackBerry and Ascent entered into partial leasebacks for data center space at the property which will be called Ascent ATL1 Data Center. The facility is well-suited for cloud and edge deployment servers with plug and play data center space immediately available, the company said.

“The sale leaseback arrangement enables the customer to focus on its core business and provides them a partner in their data center facility operations, while at the same time allowing Ascent to bring additional high quality, purpose-built assets to market under its growing data center portfolio,” Ascent said.

Ascent also bought a data center in Toronto along with its Alpharetta purchase due to the centers’ being equipped with “significant security characteristics, concurrently maintainable infrastructure for 100 percent uptime and other site-specific features,” the company said.

Ascent CEO Phil Horstmann said the acquisition is a complement to the company’s solutions set and its ability to deliver quickly on complex customer data center challenges.

Horstmann said the company was reevaluating its real estate portfolio and operational needs.

The company’s staff put together an action plan that enabled it to execute the international transaction in a short period of time.

“We look forward to working with our customer and bringing these enterprise-grade facilities and their respective data center capabilities to market for additional tenants,” Horstmann said

“The sale leaseback arrangement enables the customer to focus on its core business and provides them a partner in their data center facility operations, while at the same time allowing Ascent to bring additional high quality, purpose-built assets to market under its growing data center portfolio,”

Rapid John
Rapid John has a quarter of a century in programming for Government and Corporate bodies and is proficient in most major programming languages.  He is constantly running around showing us his latest bit of code and telling us how fantastic it is. (John we know). He is responsible for carrying out presentations to corporate and business customers and is a BlackBerry Elite.