Eastgate mall acquisition closes

Lifeline Data Centers LLC said yesterday that its acquisition of Eastgate Consumer Mall has closed.

The Indianapolis company announced in December that it would spend $23 million to transform the 370,000-square-foot mall at East Washington Street and Shadeland Avenue into a high-tech hub for hosting a data-storage operation.

Common areas of the mall will not be renovated into data storage or office space.

However, when the renovation along with construction of new space on the 40-acre property are included, the total will come to 650,000 square feet.

The company’s existing operations are at 733 W. Henry St., west of downtown.

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