CyrusOne Inc. (Nasdaq: CONE), a real estate investment trust (REIT) targeting data centers, has agreed to purchase two data properties from Sentinel Data Centers LLC in a deal valued at $490 million. The transaction is expected to close in the first quarter of 2017.

"We are very excited about this transaction, which establishes a presence for us in the Southeast, adds a high quality portfolio of large enterprise customers, and features an attractive long-term lease profile," states CyrusOne CEO Gary Wojtaszek.

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