Harrison Street has raised $600 million and plans to use the capital to invest in the data center market. The commitments are spread across the alternative real asset firm's HS Digital Fund and "associated vehicles," according to the company.
It's unclear what specific regions Harrison will target but Christopher Merrill, co-founder, chairman, and CEO of Harrison said that it will continue to invest in "well-connected digital assets across North America.”
According to the Chicago-based firm, it has poured $5.6 billion in carrier hotels, powered shells, dark fiber assets, and colocation sites since 2018. Additionally, it has invested in more than 6.5 million square feet worth of data centers, accounting for more than 2.1 gigawatts of capacity, and poured capital in over two dozen digital properties.
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