Centersquare Acquires 10 Data Centers Across North America in $1B Expansion
Centersquare, a leading provider of advanced colocation facilities across North America and the U.K., has acquired 10 data centers in the U.S. and Canada in a series of transactions valued at $1 billion. The acquisitions, self-funded using cash on hand, bring the company’s portfolio to 80 facilities, underscoring its rapid growth and positioning in high-demand digital infrastructure markets.
The deal includes the purchase of two data centers in Boston and Minneapolis that Centersquare had been operating under long-term leases, along with eight additional colocation facilities in Dallas, Tulsa, Nashville, Raleigh, Toronto, and Montreal.
“This package of acquisitions represents more than just volume growth — it reflects the growing strength and gaining momentum of our platform,” said Spencer Mullee, CEO of Dallas-headquartered Centersquare. “By adding capacity in strategic markets, we are positioning Centersquare to capture the surging demand for trusted, high-performance infrastructure.”