Centersquare acquires ten data centres in $1bn expansion

Brookfield Infrastructure-owned Centersquare has completed a $1bn acquisition of ten data centres in the US and Canada to expand its total portfolio to 80 facilities.

The company self-funded the deal using cash on hand.

Two of the data centres involved in the deal are located in Boston and Minneapolis in the US, which Centersquare had operated under long-term lease agreements.

The deal also includes eight colocation facilities, which are located in Dallas, Tulsa, Nashville, and Raleigh in the US, and Toronto and Montreal in Canada.

According to Centersquare, the transaction boosts its overall power and space capacity for high-density computing workloads.

Centersquare CEO Spencer Mullee said: “This package of acquisitions represents more than just volume growth — it reflects the growing strength and gaining momentum of our platform.

“By adding capacity in strategic markets, we are positioning Centersquare to capture the surging demand for trusted, high-performance infrastructure.”

The company stated that the acquired sites already support a mix of enterprise and hyperscale customers, with additional room available for future expansion.

The move comes at a time when AI adoption is driving higher demand for scalable, energy-efficient and resilient data centre infrastructure, according to the company.

Centersquare has prioritised investments that enable support for graphics processing unit (GPU)-intensive workloads required by generative AI, machine learning and advanced analytics.

Centersquare chair and Brookfield Global Data Centers CEO Udhay Mathialagan said: “Workloads are shifting — we’re seeing enterprises move off-premises, reconsider public cloud strategies, and embrace AI-driven architectures that demand radically higher power densities.

“Over the last two years, Centersquare has continued to grow its customer and revenue base and developed a strong cost-efficient operating platform.”

Headquartered in Dallas, Centersquare operates colocation facilities across key North American and UK markets.

The company provides infrastructure services to customers in technology, financial services, healthcare, and media sectors.

"Centersquare acquires ten data centres in $1bn expansion" was originally created and published by Verdict, a GlobalData owned brand.

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