Released July 29, 2019 | SUGAR LAND
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Compass Datacenters LLC has recently announced it is preparing to invest up to $3 billion in new data center facility campuses over the near term, after reaching agreements with current investors RedBird Capital Partners and the Ontario Teachers' Pension Plan, and picking up a new investor, the Azrieli Group real estate development company of Israel. The infusion of the additional funds will allow Compass to accelerate its growth plans and provide better service to its customers. Industrial Info is tracking five Compass projects valued at about $272 million in investment value for campuses in Phoenix, Arizona, and Northern Virginia. Click here for the list of Compass projects. With this recent development, additional projects are expected come online for Compass throughout the country in the coming months.