January 16, 2023

Press Release: Portland Metro Data Center Campus

Crane and Principal Asset Management to develop 100+ MW data center campus in growing Portland market
Neil Armstrong Middle School Career Fair Volunteers

At Crane, we believe that data centers should do more than power the digital world. They should positively impact the communities where they operate. As demand for digital infrastructure grows, so does our responsibility to support local economies, invest in sustainability, and create long-term benefits for the regions we serve. Our approach to community impact is not just a side initiative. It is a core part of how we do business.

Volunteering at the Forest Grove Concours D'Elegance with Pacific University Intern
Neil Armstrong Middle School Career Fair

Crane Data Centers Inc., ("Crane") and Principal Asset Management, through its real estate investment team, announce today the development of a 100+ MW data center campus in the growing Portland market. The site is strategically located in Forest Grove, Oregon proximate to the Hillsboro data center ecosystem with multiple fiber paths and an onsite substation connected to the transmission grid providing access to low-cost renewable energy.

"We're honored to partner with Principal Real Estate Investors to develop a new data center campus in the Portland market," says Matt Pfile, CEO, Crane. "We're excited to collaborate with the Principal real estate team and develop a data center campus that demonstrates our strong commitment to sustainability."

"This strategic partnership with Crane and data center investment in the Portland area is an exciting project for all parties involved and makes for an excellent addition to our current portfolio of data centers," adds Ben Wobschall, Managing Director, Real Estate, Principal Asset Management.

See the full press release at prnewswire.com.

Thank you notes from students in the Sources of Strength program at Neil Armstrong Middle School
Volunteering at Taste and See Local Food Bank
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Teacher Steven Barnard at the soon to be Community Garden at Tuality Plains High School
Community Info Session Volunteers at Pacific University

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