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Home > Data Center > Strategic Capital Fund Management announced Baltimore Data Center acquisition

Strategic Capital Fund Management announced Baltimore Data Center acquisition

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

Seda Nur Cinar by Seda Nur Cinar
December 30, 2020 12:39 pm
in Data Center
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Strategic Data Center Fund acquires DataBank Baltimore Data Center
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Strategic Capital Fund Management and its affiliate, Strategic Data Center Fund Manager, LLC., announced the acquisition of a data center property for approximately $3 million. Located northeast of Baltimore’s city center, the Baltimore Data Center is ideally situated along a major fiber route and located adjacent to the I-95 Philadelphia-Baltimore-Washington D.C. corridor.

Situated along a major fiber route

Bryan Marsh, CEO of Strategic Data Center
Bryan Marsh, CEO of Strategic Data Center

The building’s single-tenant, one of the largest telecommunications companies in the U.S., has occupied 100% of the roughly 9,500 square foot building for approximately thirty years and operates a critical central office and networking switch at the property to support its business operations.

Bryan Marsh, CEO of Strategic Data Center stated,

“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 center assets.”

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

Read also:  Intel’s Xeon Scalable processors will be in use in the first quarter

See more Data Center News



Tags: BaltimoreBryan MarshStrategic Data Center
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Seda Nur Cinar

Seda Nur Cinar

Editor of Cloud7, Seda is a Linux and opensource enthusiast, security researcher and a web application developer.

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