Strategic Capital Fund Management acquires Baltimore data centre

Strategic Capital Fund Management acquires Baltimore data centre

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Strategic Capital Fund Management and its affiliate, Strategic Data Center Fund Manager, LLC has announced the acquisition of a data centre property for approximately $3 million.

The facility, located northeast of Baltimore’s city centre, is situated along a major fibre route and located adjacent to the I-95 Philadelphia-Baltimore-Washington D.C. corridor.

The building’s single-tenant, which is one of the largest telecommunications firms in the US – according to the company, has occupied 100% of the roughly 9,500 sqf building for approximately thirty years.

It also operates a critical central office and networking switch at the property to support its business operations.

“We believe securing an asset like this, along with a 30-year tenant that has more than $130 billion in annual revenues and a BBB+ S&P rating, enhances our growing portfolio of essential data centre assets,” said Bryan Marsh, CEO of Strategic Data Center.

Built-in 1989 to specifically support telecommunications operations, the property includes mission-critical equipment like an uninterruptible power supply system, back-up generator, redundant cooling units and a GPS antenna.

Strategic Capital Fund Management said its focus is on sponsoring innovative digital infrastructure investments with a goal of providing “attractive risk-adjusted returns while protecting investor capital”.

“The company strives to create investment opportunities with superior management teams, cutting-edge asset classes and distinct product structures that can help provide durable income, growth potential, reduced volatility and low correlation to traditional markets,” said the company in a written release.

Strategic Data Center is an affiliate of Strategic Capital Fund Management. The company focuses on acquiring, developing and managing data centre real estate assets that help support the digital economy, the cloud and mobile computing.

Strategic Data Center establishes partnerships with data centre owners, operators and users throughout the US to identify and acquire data centre properties.

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