A data center campus outside London has been sold.

As reported by Green Street News, Building, and others, UK private real estate investor Castleforge has acquired the Redhill Data Centre Campus in Redhill, south of London.

Galaxy data centers redhill
Castleforge and Galaxy acquire the Redhill data center campus – Galaxy Data Centers

Located in the Foxboro Business Park in Surrey, the 7.8-acre campus totals more than 160,000 sq ft (14,865 sqm) across three buildings and offers 26MW in total. The site reportedly has a development value of £100 million ($124.9m).

The campus reportedly has 26 tenants in place, with 2MW of available capacity. Available fiber providers include Zayo, BT, Colt, Cogent, Verizon, Lumen, Virgin, and Interoute.

The companies plan to increase the capacity of the data center in the future; a brochure on Galaxy’s site suggests a 15MW expansion is in the works.

Launched in 2008, the site was previously operated by Digital Realty as its LGW10 facility. The data center is no longer listed on the company’s website. A Digital spokesperson confirmed to DCD it was Digital's site that has been sold, but didn't provide any further details or comment.

Founded in 2010, Castleforge invests in real estate located in and around select UK and European cities. This is seemingly the company’s first data center investment.

Castleforge partner Adam MacLeod said: “Data centers have been an attractive prospect that we have been monitoring for some time, but with advancements in AI and cloud computing accelerating demand, we have been eager to find the right opportunity in which to invest.”

Part of investment firm Galaxy Capital Partners, Galaxy Data Centers is a global data center operator and advisory provider founded in 2016. Galaxy Capital describes itself as an owner, operator, and developer of enterprise data centers, strategically located across North America, Europe, and Asia.

Dave Misra, managing partner at Galaxy Data Centers, added: “Redhill, with its robust 26MVA capacity, is fully equipped to meet customers’ immediate needs.

"Looking ahead, we are exploring a 10-15MW build-to-suit expansion to ensure we can deliver the scale, density, and power to meet Edge, hyperscale, and enterprise customer needs of tomorrow in this rapidly evolving digital landscape.”

The deal was brokered by CBRE. Paul Mortlock, senior director and head of European data center capital markets at CBRE, said on LinkedIn his team was "pleased" to conclude the deal, and added that it "has value-added characteristics, a 6.7MW turnkey facility" and "two powered shells.”