Published in United States

Principal Real Estate raises over half a billion for first dedicated US data center fund

Jun 10, 2021 | Posted by Eric Bell

Principal Real Estate has announced that it has secured over half a billion dollars for its US data center fund, following the final investor close on 30 April. 

The $533 million comes from a total of 15 limited partners, including insurance companies, wealth managers, endowments, and foundations from the US, Canada, Europe, Asia, Latin America, and the Middle East.

The Principal Digital Real Estate Fund will be used to develop and acquire data centers in the US, focusing on primary markets of Dallas, Chicago, Phoenix, Northern Virginia, and Northern California. Secondary markets targeted will include the Pacific Northwest, Atlanta, Austin/San Antonio, Southern California, and the Northeast.

There are 4596 data centers in United States.

Posted in DataBank: Los Angeles |
Posted in Edged: Phoenix |
The Autophone of Laredo data center in Texas (Image 5)
Posted in Autophone: Laredo Source: Autophone of Laredo
The Autophone of Laredo data center Texas (Image 4)
Posted in Autophone: Laredo Source: Autophone of Laredo
The Autophone of Laredo data center Texas (Image 3)
Posted in Autophone: Laredo Source: Autophone of Laredo
The Autophone of Laredo data center in Texas (Image 2)
Posted in Autophone: Laredo Source: Autophone of Laredo
The Autophone of Laredo data center in Texas (Image 1)
Posted in Autophone: Laredo Source: Autophone of Laredo
Posted in Google: Project Cannoli |
Site Aerial Map
Posted in Grandilla: Phoenix, Arizona Source: https://mccobagenda.databankcloud.com/AgendaOnline/Documents/DownloadFileBytes/02.03%20CPA250009%20Z250027%20BOS%20REPORT.PDF.pdf?documentType=1&meetingId=4622&itemId=264342&publishId=145477&isSection=False&isAttachment=True
Meta: Project Domino
Posted in Meta: Project Domino Source: https://www.datacenterdynamics.com/en/news/meta-announces-1gw-data-center-campus-in-indiana/
Sequitor Edge Data Center
Posted in Sequitor Edge: Rapid City, South Dakota Source: https://sequitoredge.com/news/sequitor-edge-data-center-coming-to-rapid-city/
Proposed site for Wildwood Ranch AI Campus in Joplin, Missouri
Posted in Wildwood Ranch: Joplin, MO Source: Joplin City Council
Proposed site for Takanock's Project Baccara in Arizona
Posted in Takanock: Project Baccara Source: Takanock
Proposed sitemap for Project Laurel in Limerick Township
Posted in Project Laurel Source: Limerick Township | MCD 7 LLC
Proposed site plan for Project Flex in Lyon Township, Michigan
Posted in Verrus: Project Flex Source: Verrus
Proposed siteplan for Project Delta in Stokes County
Posted in Project Delta Source: Project Delta
EdgeConneX acquired a 180-acre parcel near AUS01 in Bastrop, Texas.
Posted in EdgeConneX: Austin AUS01 Source: Bastrop CAD
Preliminary siteplan for Cloverleaf's data center in St. Louis, Missouri
Posted in Cloverleaf: Troy Campus Source: Cloverleaf Infrastructure
Proposed site for Morris Technology Park
Posted in Tract: Morris Tech Park Source: Tract
Proposed layouts of the Janesville data center
Posted in APECS Data Center Campus Source: Planning documents
Site for QumulusAI's data center in Denton, TX
Posted in QumulusAI: Denton, TX |
Hut 8 launched Project Vega in Texas
Posted in Hut 8: Project Vega Source: Hut 8
Blueprint for Energy Storage Solution’s proposed Kingsboro AI Data Center
Posted in Kingsboro AI data center Source: Energy Storage Solutions LLC
Rendering of Beale Infrastructure's Project Atlas in Oklahoma
Posted in Beale: Project Atlas Source: Beale Infrastructure
Proposed site for Prologis' 13-building data center campus in Indiana
Posted in Prologis: Shelbyville, Indiana Source: City of Shelbyville
Rendering of Skybox San Angelo Data Center Campus in Texas
Posted in Skybox: San Angelo, Texas Source: Skybox

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