Strategic Capital Hires Former Digital Realty Trust Exec to Run Data Center Platform
Strategic Capital Fund Management, an alternative investment product sponsor and asset management arm affiliated with SC Distributors, has hired Bryan Marsh to lead its data center real estate platform.
Strategic Capital Fund Management, an alternative investment product sponsor and asset management arm affiliated with SC Distributors, has hired Bryan Marsh to lead its data center real estate platform.
Strategic Capital Fund Management recently took over product sponsorship responsibility for a private real estate investment trust as it expands its investment platform to include data center real estate. The name of the REIT could not be disclosed due to private placement/anti-solicitation rules.
Marsh joins from Digital Realty Trust (NYSE: DLR), a publicly traded REIT, where he served as portfolio manager for the U.S. central region and had overall responsibility for the strategic planning, acquisitions, dispositions, development, operation, leasing and financial performance of a portfolio of data centers, internet gateways and powered base buildings valued in excess of $5 billion.
“The data center real estate market is experiencing tremendous momentum fueled by the continued hyper-growth in technology,” said Jim Condon, president of Strategic Capital Fund Management. “Bryan’s extensive background, experience and leadership ability make him the ideal individual to lead this important initiative and help Strategic Capital Fund Management further expand its asset management capabilities.”
The company noted that Marsh’s nearly 40 years of experience includes managing a portfolio of more than 8 million square feet of data center assets located throughout the central U.S. with annual operating revenues ranging from approximately $400 million to $600 million.
Marsh has developed nearly 2 million square feet of data center space and negotiated corporate lease transactions with Microsoft, Rackspace, IBM, and LinkedIn, each in excess of $100 million total contract value. Throughout his career, he has been involved in more than $7 billion in commercial real estate acquisitions, dispositions, development, financings and asset management.
For more on the SC Distributors platform of products, visit their directory page here.