DataCore is a core investment vehicle for technology-advantaged real estate in the United States, including data centers, specialized technology corporate campuses, and life sciences properties, located in primary markets and leased to industry leading tenants. In the wake of the global financial crisis, GI Partners formed DataCore with CalSTRS to acquire technology-advantaged properties, capitalizing on the themes of growing data and connectivity usage, the increase in importance of complex treatments for human health challenges and the growth of other forms of technology and research in everyday life. Since 2012, DataCore has acquired 13 properties and invested in over 3.6 million square feet of stabilized core technology-advantaged real estate and continues to maintain and operate these assets.
Investment Details
- Initial Investment Date: November 2012
- Status: Current
- GI Role: Investor, Operator
Real Estate Initiatives
- Operational orientation calibrated to investment objectives
- Effective management of capital structure
- Active asset and platform management
