Chicago, IL, Feb. 26, 2026 – Harrison Street Asset Management (“HSAM,” or the “Firm”), a leading alternative global investment management firm with over $108 billion in assets under management through highly differentiated assets across infrastructure, real estate and credit strategies, announce the sale of two data center campuses located in Maryland.
The assets, Emerson and Sandy Farms, are hyperscale powered shell data centers totaling more than 218,000 square feet across approximately 95 acres and are located just outside of Baltimore, MD. These properties have been developed to support cloud and computing contracts and are fully leased. The campuses are designed to accommodate future expansion, with long-term development plans underway.
HSAM acquired and broke ground on the Emerson and Sandy Farms projects in 2020 subject to pre-leasing with a hyperscale user, with Oppidan Connect serving as the lead developer.
“We are pleased to announce the successful sale of these two hyperscale powered shell data center campuses, which are fully leased,” said Michael Borchetta, Co-Head of the North America Transactions Group at Harrison Street Asset Management. “As data center spend and operationally intensive cloud demand continue to grow, assets serving the need for secure digital infrastructure are positioned to benefit from durable, long-term tailwinds.”
Since 2018, HSAM’s digital investment platform has committed over $6.5 billion to powered shells, carrier hotels, colocation sites and dark fiber platforms. HSAM’s digital assets portfolio reinforces the firm’s long-term focus on targeting demographic-driven and needs-based assets addressing critical global demand.
About Harrison Street Asset Management
Harrison Street Asset Management is a leading global alternative investment management firm with over $108 billion in assets under management through highly differentiated assets across real estate, infrastructure, and credit strategies. Headquartered in Chicago, Toronto and London with over 600 employees in offices across North America, Europe, Asia and the Middle East, the firm offers innovative solutions across a variety of closed-end, open-end and specialized vehicles on behalf of 1,100+ institutional and over 300+ Registered Investment Advisors.1
1 HSAM data and descriptions of HSAM’s business are generally comprised of the aggregated data and business activities of investment advisors that are owned in whole or in part by HSAM. Assets under management (“AUM”) reflects the AUM for the investment advisory and asset management clients of such investment advisors and is inclusive of the regulatory AUM of such investment advisors that is reported in their respective Form ADVs.
HSAM Media Contacts:
Doug Allen/Ellie Johnson
Dukas Linden Public Relations
646-722-6530
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