15 Aug Acquisition of 4MW New Jersey data center
201B Centennial Avenue is a 96,559 sq/ft data center facility located in Piscataway, NJ. Operations were acquired including a dozen of high-grade customers, with one Top 3 Global Carrier acting as anchor with a long-term contract.
Over 4 MW capacity are available with significant expansion potential. The facility is managed through Digital Fortress. The transaction was closed in H2 2019.
About Chirisa Capital Management
Chirisa is a private investment firm which identifies and develops distinctive opportunities for its investors and companies. Our origins are in telecoms and technological entrepreneurship, and that entrepreneurial spirit remains at the heart of our investment approach. Our strategy is focused on acquisition of large-scale sub-optimized data center and office properties.
We have a unique competitive advantage in being able to maximize value from properties which involve a combination of office, industrial and data center development opportunities, while moving swiftly acting on our own account, with in-house expertise, and deploying our own capital. Our major recent transactions include