Netrality Data secures $45 million construction loan from Oakwood

Chicago, Jan. 11 – Netrality Data Centers received a $45 million construction loan from Oakwood Bank as administrative agent, sole lead arranger and sole bookrunner, according to a press release.

Blue Sky Bank and Bank Midwest also participated.

Proceeds will be used to support sustainability enhancements focused on energy efficiency and water conservation at Netrality’s facility in Shawnee, Kan.

JLL Capital Markets represented Netrality Data Centers in the transaction. Stuart Kurtz and Stacy Bedwick of Kurtz & Revness, PC provided legal counsel to Netrality.

Liechty, McGinnis, Berryman, & Bowen, LLP provided legal representation to the lending syndicate.

The New York-based company owns and operates strategic interconnected data centers.

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