StratCap Acquires $90 Million Worth of Digital Infrastructure Assets

StratCap, a global investment firm, has made a significant acquisition of essential digital infrastructure assets, including 13 cell towers and a data center. This strategic move is a testament to the growing demand for reliable and high-quality digital infrastructure, particularly in the context of the ongoing deployment of 5G networks and increasing mobile data usage. The acquisition is expected to boost StratCap's Wireless Infrastructure Platform and Data Center Platform.

Key Takeaways:

• StratCap acquired a total of 13 cell towers, including individual and portfolio transactions, located in Missouri, Wisconsin, Florida, Tennessee, and New York.
• The primary tenants on the towers include AT&T, Verizon, T-Mobile, Dish, Wisconsin Electric Power Company, Wisconsin Power & Light, and an AT&T affiliate supporting AT&T's First Net Network.
• The acquired data center in Toronto, Canada, is a 127,000-square-foot Tier III facility with 10MVA of utility power, with plans to increase to 27MVA.
• The facility was built in 2013 and was formerly an enterprise facility operated by Canadian food retailer Loblaw Companies Limited.
• The site has an Uptime Certificate for a Tier III facility in Brampton.

Statistics:

• Total acquisition value: $90 million
• Number of cell towers acquired: 13
• Number of data centers acquired: 1
• Location of cell towers: Missouri, Wisconsin, Florida, Tennessee, and New York
• Utility power capacity of the data center: 10MVA (planned to increase to 27MVA)
• Size of the data center: 127,000 square feet (11,800 sqm)

Sources:

• StratCap's Q2 earnings announcement
• DCD (Data Centre Dynamics) report on StratCap's acquisition of a data center in Toronto, Canada
• Global Data Point (Source: Global Data Point; All Rights Reserved); Provided by SyndiGate Media Inc. (Syndigate.info)