Grain Management Acquires Majority Stake in 55 Hereford Street (Brampton Data Center)
June 15, 2023
Grain Management, in partnership with StratCap, has acquired a majority stake in 55 Hereford Street (55H), a 127,000 sq. ft., Tier III data center in Brampton, Ontario. The joint-venture plans to expand site power capacity and pursue lease-up opportunities with hyperscalers, wholesale tenants and enterprises as part of a value-add growth strategy.
- Buyers
- Grain Management, LLC, StratCap
- Targets
- 55 Hereford Street (55H data center)
- Industry
- Infrastructure
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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