TechCore is a core investment vehicle actively investing in or owning technology-advantaged real estate in the United States, including data centers, carrier hotels, specialized technology corporate campuses, “Always On” facilities, and life sciences properties located in primary markets and leased to industry leading tenants. In the wake of the global financial crisis, GI Partners formed TechCore with CalPERS to acquire technology-advantaged properties, capitalizing on the themes of growing data and connectivity usage, the increase in importance of complex treatments for human health challenges and the growth of other forms of technology and research in everyday life. Since 2012, TechCore has acquired 19 properties and invested in over 3.6 million square feet of stabilized core technology-advantaged real estate and continues to actively invest in this sector.
Investment Details
- Initial Investment Date: July 2012
- Status: Current
- GI Role: Investor, Operator
Real Estate Initiatives
- Operational orientation calibrated to investment objectives
- Effective management of capital structure
- Active asset and platform management
Associated News
- CalPERS Extends Additional $1.4B to GI Partners for Industrial and Tech-Related Properties
- GI Partners Announces the Acquisition of a Premier Life Sciences Asset in Boston’s Thriving Seaport Lab Cluster
- Zayo Group Expands Presence at One Wilshire
- GI Partners Announces Acquisition of 11525 Main Street in Broomfield, Colorado
- GI Partners Announces Acquisition of 9911 Belward Campus Drive in Rockville, Maryland
- GI Partners Announces Acquisition of 850 Winter Street
- GI Partners Announces Acquisition of One Wilshire
- GI Partners Announces Acquisition of Liberty Park at Tysons
- GI Partners Announces Acquisition of a Class A Technology Headquarters in San Jose
- CalPERS and GI Partners Launch $500 Million Fund to Buy Technology Advantaged Core Real Estate
