COPT Van Meter

COPT Defense Properties, a real estate firm with a focus on serving the US government and defense sectors, has recently expanded its portfolio by acquiring over 300 acres of land in Van Meter, Iowa. This strategic purchase, valued at $24.6 million, is poised to become a state-of-the-art data center campus. The location, situated west of Des Moines and along the Raccoon River, was specifically chosen for its potential to attract data center development due to its ample space and infrastructure capabilities.

The city administrator of Van Meter has indicated that the land was rezoned with the intention of drawing in a data center project, confirming the area's suitability for such a large-scale technological endeavor. With COPT's history of developing, owning, and operating significant real estate across the United States, this new acquisition is a testament to their commitment to supporting the needs of hyperscale and government customers in the rapidly evolving digital landscape.