GI Partners has announced the acquisition of five “Always On” properties totaling 860,000 square feet in the nation’s leading market for defense technology employment, on behalf of its Essential Tech + Science Fund (GI Partners ETS Fund).
The properties, all located in high-density Northern Virginia markets, are leased to many of the largest defense and government contracting companies in the U.S.
GI Partners has historically acquired similar “Always On” assets — those that house mission- critical technology operations and nonbiological R&D — in its core real estate funds. This investment represents the first “Always On” acquisition in its core-plus ETS Fund.
The properties include divisional headquarters locations and host operations and R&D for intelligence, cybersecurity, satellite, cloud, communication and other related purposes. The highly secure buildings feature a range of infrastructure improvements, including significant Sens
