Copt defense acquires land for data center shell development near des moines, ia and an 80,000 square foot building in san antonio, tx

Columbia, md.--(business wire)--copt defense properties (nyse: cdp) (“copt defense” or the “company”) acquired a 365-acre land parcel near des moines, iowa in late september for $32 million to expand its data center shell program. the existing zoning on the land allows for data center development and initial plans indicate that the site can accommodate approximately 3.3 million square feet of development, supported by an estimated 1 gigawatt of power capacity. also, late in the third quarter, t.
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