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
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.