GI Partners buys two data centers from NTT Data
Summary
SAN FRANCISCO, January 29, 2019 – GI Partners, a leading private investment firm, continues its strategy of investing in the infrastructure of technology with the recent acquisition of two technology intensive properties from NTT DATA located in Plano, Texas and Quincy, Washington. The Quincy property, purpose built in 2012, totals approximately 180,000 square feet, with robust, redundant infrastructure including 14 MW of gross utility power. “We look forward to continuing our relationship with NTT DATA and expanding our data center footprint in the Dallas metroplex, which continues to be a very attractive market with increasingly attractive demand prospects,” commented Mike Armstrong, Director of GI Partners and head of acquisitions for its technology real estate investment programs. “Quincy is unique given the 100% ‘green’ hydroelectric power and emerging profile as a destination for large footprint data center users. The firm has raised over $17 billion in capital through private equity and real estate strategies from recognized institutional investors across the world.
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