KANSAS CITY—The California State Teachers’ Retirement System has just added another data center to its vast real estate portfolio, this time in Kansas City at 10828 NW Airworld Drive. The acquisition was made through DataCore, LP, a $500 million fund created by CalSTRS in 2012 and managed by GI Partners. It’s another sign that institutional investors have a growing interest in this sector, which experts expect to grow tremendously as users put increased emphasis on cloud computing.

Datapipe, Inc., a cloud and managed services provider, fully leases on a long-term basis the 78,000 square foot facility, which was first developed in 1982 but renovated in 2009, 2012 and 2015. The property sits just southeast of Kansas City International Airport.

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