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Phoenix & Southwest  + Industrial  | 

Lincoln Rackhouse, Principal Purchase 1M-SF Data Center Portfolio

Dallas-based Lincoln Rackhouse and Principal Real Estate Investors acquired a one million-square-foot data center portfolio in Dallas, Phoenix and Kansas City, MO, from an unnamed Fortune 500 financial institution, which has partially leased back the Tier III+ space in two of the three markets.

Lincoln Rackhouse’s Ryan Sullivan says, “This acquisition doubles our portfolio and allows us to offer cloud, colocation and managed services providers attractive expansion or new entry options into these key data center markets.”

The properties include:
– 1000 Coit Rd. in Plano, near north Dallas’ Telecom Corridor, a two-story data center, totaling 454,421 square feet on 23.8 acres (pictured)
– 11155 NW Airworld Dr. in Kansas City, a two-building campus, totaling 259,111 square feet, on nearly 17 acres just west of the international airport
– 2500 W. Fry Rd. in southeast Phoenix’s Chandler technology corridor, a 191,061-square-foot data center and dedicated on-site substation on 24.4 acres

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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