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New Data Center Player: Crane Partners with Principal Asset Management to Develop 100+ MW Data Center in Portland

Conceptual rendering of the initial 50 MW data center

Just in time for PTC’23 this week, at which the company is attending and networking, Crane Data Centers Inc., (“Crane”), a hot new industry player in the data center market, announced its exciting new partnership with Principal Asset Management (via its real estate investment team), for the development of a 100+ MW data center campus in the growing Portland market. Strategically located in Forest Grove, Oregon, the site is in close proximity to the Hillsboro data center ecosystem with multiple fiber paths, recycled water for cooling, and an onsite substation connected to the transmission grid providing access to low-cost renewable energy.

The first phase of the project includes a ~300,000 square-foot facility on a 35-acre site with an initial 50 MW of capacity with plans to expand to over 100+ MW.

“We’re honored to partner with Principal Real Estate Investors to develop a new data center campus in the Portland market,” says Matt Pfile, CEO, Crane. “We’re excited to collaborate with the Principal real estate team and develop a data center campus that demonstrates our strong commitment to sustainability.” 

“This strategic partnership with Crane and data center investment in the Portland area is an exciting project for all parties involved and makes for an excellent addition to our current portfolio of data centers,” adds Ben Wobschall, Managing Director, Real Estate, Principal Asset Management.

View the full announcement here and stay tuned for the JSA TV, being filmed live from PTC’23!

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