Industries Commercial Real Estate

GI Partners purchases Tysons Data Center

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GI Partners, a private equity investment manager, has acquired Liberty Park at Tysons, a 225,038-square-foot data center and office property in Vienna.

The firm was acquired through a $500 million discretionary core real estate fund created earlier this year. The fund is managed by GI Partners on behalf of the California Public Employees’ Retirement System (“CalPERS”).

The center is occupied by the General Services Administration on a long-term lease.

“This was an excellent opportunity for us to acquire a state-of-the-art data center facility that recently underwent a major renovation to support the long term needs of a world class tenant,” Rick Magnuson, executive managing director of GI Partners, said in a statement.

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