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Northern Virginia continues to experience a shortage of supply and in the near term, we don see rents softening for the quality of data centers we bring to the. Company is also building its next data center in Piscataway, New Jersey.The company estimated that the construction of phase 1 for both ACC6 and SC1, which would each span 360,000 square feet and 26MW, would require a total investment of $350 million.The $85 million line of credit can be potentially expanded by $15 million based on certain conditions. And since the loan is unsecured, the company did not have to pledge any of its data centers as collateral.For the company line of credit, KeyBank National Association acted as administrative agent, KeyBanc Capital Markets acted as the sole lead arranger and sole book manager, and Royal Bank of Canada acted as the syndication agent.Meanwhile, the stock sale was handled by joint book running managers KeyBanc Capital Markets, Raymond James, Macquarie Capital, RBC Capital Markets and Jefferies Company..

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