Principal Asset Management sold a data center in Alpharetta, Georgia, for $253 million this month, pulling in nearly four times the acquisition cost after three years of ownership.
Investor scores 300% return on Georgia data center sale
Principal Asset Management increases power capacity during ownership, capitalizing on surging market
CoStar News
October 20, 2025 | 4:21 P.M.
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IN THIS ARTICLE
- Properties
- Ascent Data Center
4905 North Point Pky, Alpharetta, GA
- Companies
- Principal Asset Management
Finance and Insurance
- GI Partners
Finance and Insurance