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GI Partners acquires Los Angeles property on behalf of its Essential Tech + Science Fund
Transactions - APRIL 14, 2023

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GI Partners acquires Los Angeles property on behalf of its Essential Tech + Science Fund

by Kali Persall

GI Partners has acquired a property located at 12800 Culver Blvd. in Los Angeles on behalf of its Essential Tech + Science Fund (ETS Fund). Financial terms were not disclosed.

The ETS Fund acquires and operates data centers, life sciences labs, and “always on” technical operations and research facilities.

GI Partners said the property’s data center facilities and communications network are crucial to the technology operations of a leading provider of premium digital video services across the United States. Its substantial data center and network infrastructure include advanced electrical and mechanical equipment, extensive fiber connectivity and satellite arrays.

“We are pleased to announce the acquisition of this mission-critical asset,” said John Sheputis, managing director of GI Partners. “This impressive and unique facility provides large-scale data storage and high-capacity digital content distribution for millions of customers. The property is

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