TechCore, LLC recently purchased a new data center in Chicago, Illinois. The company is an off-shoot of the California Public Employees’ Retirement System and managed by GI Partners. This purchase show the growing investment trend in data centers when it comes to real estate portfolios.
TechCore was created in 2012 by CalPERS to allow the organization to invest in data centers. The mission critical data center was purchased by TechCore for about $17.5 million.