
COPT plans 1GW data center campus outside Des Moines, Iowa
Campus to total 3.3 million sq ft and serve a cloud provider
Campus to total 3.3 million sq ft and serve a cloud provider
Company likely developing multiple data centers on site in Van Meter
Project due for completion by Q2 2024
Two facilities total more than 400,000 sq ft; first building set to be ready in 2025
Blackstone buys stakes in five facilities for $250 million
Most of the big colo REITs continue to do well
Company divests only multi-tenant data center in portfolio
Corporate Office Properties Trust ges two facilities total 432,000 sq ft and valued at $119 million
New joint venture deals follow a similar Blackstone investment in 2019
In $265 million deal
Unspecified facilities for unnamed customers
Pumps money into Virginia-based facilities