Dallas, TX (May 16, 2022) – Stream Data Centers, the industry leader in delivering exceptional data center experiences to global enterprise companies, is proud to announce the formation of a new investment vehicle backed by a leading public pension plan to make wholly-owned investments in data center opportunities across the United States. This new account continues Stream’s long-term history in data center investing and momentum in building comprehensive solutions in service of its customers, tenants, investors and partners.
The new vehicle will focus on stabilized and modest value-add opportunities in major U.S. markets where the team believes it can unlock value and manage risk through its vertically integrated data center operating platform and experienced investment team.
Mike Armstrong, Managing Director of the Stream investments practice noted, “A key differentiator that helped us win, beyond our longstanding track record of successfully investing in and developing data centers, was our people and putting relationships first.” Michael Wong, also a Managing Director with Stream Data Centers, added “We are very excited to partner with such a well-established and experienced real estate investor that shares our view of the long-term attractiveness of data centers as an institutional asset class.”
To learn more about Stream Data Centers and Stream’s investment management practice, visit www.streamdatacenters.com/investments.
About Stream Data Centers
Since 1999, Stream Data Centers has set new standards for innovation, operational excellence and sustainability in the data center industry. With over 90% of its inventory leased to Fortune 100 customers, the company has acquired, developed and managed complex data center projects for the world’s most demanding users.
From location strategy and site selection to data center construction and operations, Stream develops wholesale colocation capacity and build-to-suit facilities for hyperscale and enterprise users in major markets across the United States. Headwaters, the company’s site development entity, employs a team of hyperscale experts dedicated to building a land bank for the data center industry, helping Stream and others uncover low-risk land sites for optimum data center development. Additionally, Stream provides energy services with a focus on reducing market risk and providing cost-effective renewable energy options.
Stream Data Centers is headquartered in Dallas, Texas and is the technical real estate affiliate of Stream Realty Partners, a full service commercial real estate investment, development and services company with 1,550+ professionals in 20 core markets, and $8.9 billion in annual transactions.
