A pair of joint ventures are the latest to haul in billions of dollars targeting U.S. data centers as investment capital and loans flow into the sector.
Principal Asset, CIM Group ventures haul in billions of dollars targeting U.S. data centers
New capital raises to support $12 billion in development around the country
CoStar News
March 6, 2025 | 5:29 P.M.
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IN THIS ARTICLE
- Properties
- Interpark Logistics Center: Building 1
Interpark Logistics Center-Building 1, San Antonio, TX
- Novva Data Center Phase I
6477 Wells Park Rd, West Jordan, UT
- Companies
- Principal Asset Management
Finance and Insurance
- Stream Data Centers
Construction
- CIM Group, LP
Real Estate
- Contacts
- John Berg
Senior Managing Director, Equity Portfolio, Principal Asset Management