Deals Counterparts

Harrison Street Asset Management partnered with Oppidan Connect for the development of two hyperscale data center campuses in Maryland

Development Data Center announced Baltimore, USA Feb 27, 2026
developed
Stage
Emerson and Sandy Farms
Project

Harrison Street Asset Management acquired and broke ground on the Emerson and Sandy Farms hyperscale powered shell data center projects in 2020, with Oppidan Connect serving as the lead developer.

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Deal Analysis

Harrison Street Asset Management, acting as the investor, has partnered with Oppidan Connect, the lead developer, for the development of two hyperscale data center campuses, Emerson and Sandy Farms, located in Maryland, USA. This development-type deal, recently announced on 2026-02-27, details projects where Harrison Street acquired the sites and broke ground in 2020. The focus on "hyperscale powered shell" indicates a significant investment in foundational infrastructure designed to support massive computing and data storage requirements. This collaboration underscores the continued demand for robust digital infrastructure, particularly in strategic U.S. markets like Maryland. While specific capacity and financial values remain undisclosed, the involvement of Harrison Street, a prominent asset manager, and Oppidan Connect, a specialized developer, highlights a strategic move to capitalize on the growth of cloud computing and enterprise data needs. The long development timeline, from 2020 groundbreaking to a 2026 announcement, suggests a substantial, multi-year infrastructure undertaking aimed at delivering critical data center capacity.
  • Partnership between Harrison Street Asset Management (investor) and Oppidan Connect (lead developer).
  • Development of two hyperscale powered shell data center campuses (Emerson and Sandy Farms).
  • Projects initiated with groundbreaking in 2020, with a recent announcement date of 2026-02-27.
  • Located in Maryland, USA, a key market for data infrastructure.

Source Intelligence

KEY DETAILS

The data center campuses total more than 218,000 square feet across approximately 95 acres. The campuses are designed to accommodate future expansion, with long-term development plans underway. HSAM acquired and broke ground on the Emerson and Sandy Farms projects in 2020. Oppidan Connect served as the lead developer for the projects. Quotes: "totaling more than 218,000 square feet across approximately 95 acres" ; "The campuses are designed to accommodate future expansion, with long-term development plans underway." ; "HSAM acquired and broke ground on the Emerson and Sandy Farms projects in 2020 subject to pre-leasing with a hyperscale user, with Oppidan Connect serving as the lead developer."

Location
two data center campuses located in Maryland. The assets, Emerson and Sandy Farms, are hyperscale powered shell data centers ... and are located just outside of Baltimore.
PPA Details
fully leased ... subject to pre-leasing with a hyperscale user
Announcement
FEBRUARY 27, 2026 ... Harrison Street Asset Management sells two hyperscale powered shell data center campuses in Maryland
PARTIES MENTIONED IN SOURCE
H
Harrison Street Asset Management (HSAM) seller

"Harrison Street Asset Management (HSAM) ... have announced the sale of two data center campuses located in Maryland."

medium quality Enriched Feb 27, 2026

Timeline

Announced
Feb 27, 2026
Signed
Closed

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Source

irei.com
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