Sansone Group, Priseda Acquire 214,000 SF Data Center in Metro D.C.

Sansone Group Enters Data Center Sector with Maryland Acquisition

Sansone Group, in partnership with Priseda, acquired a 214,000-square-foot Tier 4 data center located in Silver Spring, MD for an undisclosed sum. The off-market acquisition represents a milestone in Sansone Group’s efforts to diversify its national investment portfolio and enter one of the most dynamic asset classes in commercial real estate. Sansone partnered with Priseda, a longstanding tenant of the property, to secure the opportunity. “This…

Sansone Group, Priseda Acquire 214,000 SF Data Center in Metro D.C.

SILVER SPRING, MD. — A partnership between St. Louis -based Sansone Group and locally based nonprofit healthcare company Priseda has acquired a 214,000-square-foot data center located in Silver Spring, just north of Washington, D.C. JLL Capital Markets arranged acquisition financing through Maryland-based Poverni Sheikh Group (PSG). The tier IV data center currently supports mission-critical operations and is slated for infrastructure enhancemen…