Investment management firm Landmark Dividend has acquired a third data center from Chirisa Investment in Illinois, US.

The newly-acquired data center facility, located in Greater Chicago, covers more than 105,000 square feet (9,750 sq m), including over 30,000 sq ft (2,800 sq m) of white space, and more than 2.4MW of critical load. Terms of the deal were not disclosed.

Register now for DCD’s upcoming virtual conference on mission-critical operations

Landmark stakes its claim

Landmark Dividend.JPEG
– Landmark Dividend

“Landmark is pleased to continue growing the partnership with Chirisa. We have expanded our data center portfolio in existing and new strategic markets through the acquisition of these three core facilities,” said Ryan Sullivan, SVP of Landmark’s Digital Infrastructure division.

“The Chirisa transactions demonstrate our team’s ability to efficiently complete acquisitions in an unprecedented year filled with challenges. We look forward to building on our successful track record as we execute our strategic vision and strengthen our leadership position within the growing market of digital infrastructure investments.”

The deal marks the third data center acquisition from Chirisa, following previous facilities in Seattle and New Jersey. The three Chirisa data centers offer more than 9.7MW of critical IT load and cover more than 250,000 sq ft (23,200 sq m), including 65,000 sq ft (6,000 sq m) of white space. Chirisa has long-term leases with an affiliate of Landmark at each location and will continue to operate each of the acquired facilities.

“Landmark Dividend has been a valuable partner as we build Chirisa’s position as a leading provider of integrated communications infrastructure, digital real estate, and related services to enterprise and government customers across North America and Europe,” said Colm Piercy, executive chairman of Chirisa.

Landmark and its affiliates have acquired 17 data center assets in the last 12 months in deals totaling more than $400 million. Deals include facilities in Minnesota and the Midwest, PayPal's Arizona data center campus, and Flexential’s data center in Fort Lauderdale, Florida.