Harrison Street Asset Management (HSAM) has sold 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 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.
“We are pleased to announce the successful sale of these two hyperscale powered shell data center campuses, which are fully leased,” said Michael Borchetta, co-head of the North America transactions group at Harrison Street Asset Management. “As data center spend and operationally intensive cloud demand con
