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Brookfield Infrastructure, an affiliate of Brookfield Asset Management, has committed to fund half of the required initial equity investment, currently estimated to be approximately $613 million.
The San Francisco-based firm states that the property is located near bulk transmission lines, a major fiber path, as well as less than four miles from Digital Realty's existing data center campuses in Ashburn, VA.
Carol Schatz, who has been a pillar of the renaissance in Downtown Los Angeles, has announced her retirement from the DCBID, which she launched in 1998.