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Centersquare plans $1b expansion across North America
Transactions - OCTOBER 2, 2025

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Centersquare plans $1b expansion across North America

by Released

Centersquare, a provider of colocation facilities in key markets across North America and the United Kingdom, has acquired 10 data centers across the United States and Canada, expanding its portfolio to 80 facilities and significantly increasing its capacity to support high-density computing workloads.

“This package of acquisitions represents more than just volume growth — it reflects the growing strength and gaining momentum of our platform,” said Spencer Mullee, CEO of Centersquare. “By adding capacity in strategic markets, we are positioning Centersquare to capture the surging demand for trusted, high-performance infrastructure. Our customers — from enterprise to scale — are looking for partners who can grow with them, and we are delivering the reliable power, connectivity and engineered environments they need to accelerate innovation.”

These transactions, with enterprise value of $1 billion, are self-funded by Centersquare using cash on hand and inc

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