04 Jul 2018 Acquisition of 21445 Beaumeade Circle – Ashburn, Virginia, “Data Center Alley”
21445 Beaumeade Circle is an 80,000 sq/ft industrial/office building located on a 10+ acres parcel in the strategic data center market of Ashburn, Virginia, often referred to as “Data Center Alley”.
The transaction was closed in Q2 2018 fully in cash. Designs are being finalized for a first phase $225m development of a 280,000 sq/ft, 30 MW leading edge data center facility.
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