Share this article Share this article CHARLOTTE, N.C., April 7, 2021 /PRNewswire/ -- Flexential, a leading provider of data center, colocation, cloud and connectivity, today announced it has entered into a sale and leaseback transaction with Legacy Investing, LLC for the development of Flexential's Hillsboro 3 data center. The partnership will allow Flexential to continue to invest in its core data center operations while providing Legacy the opportunity to invest in and own the site, core and shell of the next Flexential flagship facility in Hillsboro. The Hillsboro 3 data center will enhance Flexential's position as a leader in the growing Portland data center market, which has the second-highest growth rate in North America according to CBRE's North American Data Center Trends Report. The continued demand in this market has driven a significant need for data center space and services, and the Flexential and Legacy partnership will allow the parties to quickly deploy capital to efficiently bring the Hillsboro 3 project to market to meet this demand.