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GI Partners Acquires Five "Always On" Properties in Northern Virginia, USA.

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Vincent

MANews-(C)2009-2022

US-based private alternatives investment firm GI Partners has acquired five "Always On" properties representing 860,000 square feet and located in the nation's largest market for defense technology employment, on behalf of its Essential Tech + Science Fund, the firm said.

The properties, all of which are located in high density Northern Virginia markets, are leased to many of the largest defense and government contracting companies in the US.

GI Partners has historically acquired similar "Always On" assets--those that house mission critical technology operations and non-biological R and D -- in its core real estate funds.

This investment represents the first "Always On" acquisition in its core plus ETS Fund.

The properties include divisional headquarters locations, and host operations and R and D for intelligence, cybersecurity, satellite, cloud, communication and other related purposes.

The highly secure buildings feature a range of infrastructure improvements, including significant SCIF (Sensitive Compartmented Information Facility) buildouts, dark fiber, data centers, satellite and antennae installations, and are supported by redundant power and cooling.

Since launching in 2021, the ETS Fund has acquired thirteen properties and is...

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