14 Oct 2018 Acquisition of Innovation Park Albuquerque, New Mexico
Innovation Park is a 100+ acre industrial land parcel located in Albuquerque, New Mexico.
The site benefits from ample power allowing for the development of a 130 MW+ Data Center Campus. The transaction was closed in Q4 2018 fully in cash. Chirisa is actively promoting the site as well as completing development design.
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