GI Partners has completed the acquisition of two data centers located in Laurel and Severn, Md.
The portfolio is 100 percent leased to a single user. The Baltimore-Washington, D.C., Corridor is evolving into a high-growth hub for mission-critical digital infrastructure, driven by sustained demand, strong network density, and accelerating data center development. The broader region reinforces these fundamentals through a mature and expanding technology and research ecosystem, supporting diversified demand across cybersecurity, healthcare, life sciences, and government IT.
“Our acquisition of these properties reflects our conviction in the region, supported by durable demand from government, defense, and regulated cloud users,” said Mike Armstrong, managing director and head of real estate Tech+Science Investments at GI Partners. “The portfolio’s strategic location positions it as a compelling opportunity to expand our data center footprint.”