Harrison Street Asset Management (HSAM), an alternative global investment management firm with more than $108 billion in assets under management through highly differentiated assets across infrastructure, real estate and credit strategies, have announced the sale of two data center campuses located in Maryland.
The assets, Emerson and Sandy Farms, are hyperscale powered shell data centers totaling more than 218,000 square feet across approximately 95 acres and are located just outside of Baltimore. These properties have been developed to support cloud and computing contracts and are fully leased. The campuses are designed to accommodate future expansion, with long-term development plans underway.
HSAM acquired and broke ground on the Emerson and Sandy Farms projects in 2020 subject to pre-leasing with a hyperscale user, with Oppidan Connect serving as the lead developer.
