12 Nov Acquisition of 32,000 sq/ft Colorado data center
7347 S Revere Parkway is a 32,000 sq/ft data center located in Denver suburbs, Colorado. Acquired recently from PayPal, with eBay continuing as a key tenant the facility has significant space and power capacity to address this active market.
The transaction was closed in late Nov 2018 wholly in cash. Digital Fortress (100% subsidiary) has taken over the operations of the site on behalf of Chirisa, led by CEO Tim Doherty.
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