Tampa, Fla.-based Aphorio Carter Critical Infrastructure Fund, LLC recently announced the purchased of two new data center properties. The Carter Funds investment company paid a combined purchase price of approximately $35 million for the Louisville Data Center in Louisville, Ky., and the Simpsonville Data Center in Simpsonville, Ky.

Located in the Louisville metropolitan area, both properties operate as enterprise data centers for the same Fortune 200 tenant. The buildings were completed in 2011; incorporate a combined 102,500 square feet of Tier III, LEED Gold-certified Louisville data center space; and offer 1,000 kW of critical power.

Additionally, both facilities are equipped with 10,000 square feet of raised floor space and an additional 10,000 square feet of shell space for future expansion. Strategically designed for high availability, each asset: supports up to 1MW of critical IT load with an N+1 UPS configuration and a PUE of 1.7 for optimized energy efficiency; features dual 3,300 HP, 2 MW generators; and has two utility feeds — the Louisville facility from LG&E and the Simpsonville facility from Kentucky Utilities.

This purchase represents Aphorio Carter Critical Infrastructure Fund’s eighth and ninth critical infrastructure real estate purchases since the company’s first acquisition in 2022. It also brings the fund’s total assets under management to nearly $240 million.

“These data center investments expand Aphorio Carter’s portfolio into the Louisville market with strong fundamentals, further enhancing portfolio diversification,” said John Regan, chief investment officer of Aphorio Carter. “Louisville is emerging as a prime data center market, offering a strategic blend of low operating costs; robust fiber infrastructure; and access to major markets, like Chicago and Atlanta. With affordable energy, tax incentives, and a business-friendly environment, this market presents a compelling opportunity for long-term growth in the digital infrastructure sector.”

Notably, Louisville sports one of the 20 largest data center pipelines in the U.S. with roughly 700,000 square feet under construction at the start of this year. Due to comparatively low operating costs, robust infrastructure, a strategic location, and increasing connectivity, the Kentucky metro represents a growing data center market and a well-positioned, second-tier market for enterprises and colocation providers looking for long-term stability in the region.

Looking for data center and office space in Louisville or other Southeastern U.S. markets? Visit the CommercialCafe.com homepage to start your search!

Louisville KY

Last modified: March 7, 2025