Crane Data Centers Inc., ("Crane") and Principal Asset Management, through its real estate investment team, announce today the development of a 100+ MW data center campus in the growing Portland market. The site is strategically located in Forest Grove, Oregon proximate to the Hillsboro data center ecosystem with multiple fiber paths and an onsite substation connected to the transmission grid providing access to low-cost renewable energy.
"We're honored to partner with Principal Real Estate Investors to develop a new data center campus in the Portland market," says Matt Pfile, CEO, Crane. "We're excited to collaborate with the Principal real estate team and develop a data center campus that demonstrates our strong commitment to sustainability."
"This strategic partnership with Crane and data center investment in the Portland area is an exciting project for all parties involved and makes for an excellent addition to our current portfolio of data centers," adds Ben Wobschall, Managing Director, Real Estate, Principal Asset Management.
See the full press release at prnewswire.com.