Project due for completion by Q2 2024

Two facilities total more than 400,000 sq ft; first building set to be ready in 2025

Blackstone buys stakes in five facilities for $250 million

Most of the big colo REITs continue to do well

Company divests only multi-tenant data center in portfolio

Corporate Office Properties Trust ges two facilities total 432,000 sq ft and valued at $119 million

The REIT already cashed in on two data center property investments

Pumps money into Virginia-based facilities