**BGO Closes $800M Industrial Strategies Fund with $260M Data Center Co-Investment**
Global real estate investment manager BGO has successfully completed the fundraising for its Data Center Co-Investment, securing approximately $260 million. This co-investment was established in conjunction with BGO’s U.S. Industrial Strategies I fund. Altogether, the inaugural close of the firm’s closed-end strategy has amassed approximately $800 million in commitments, supporting a projected gross asset value of $2.43 billion.
BGO is now in the advanced stages of securing up to 800 megawatts of power capacity, which would enable the development of up to 3.2 million square feet of data center space.
The U.S. Industrial Strategies I fund features a premier portfolio of eight industrial projects, developed in partnership with NorthPoint Development. Among these, three properties are designated for data center development.
“By combining institutional real estate expertise with deep utility-grade energy insight, we’re creating three shovel-ready powered sites with access to critical infrastructure—substations, transmission lines, and fiber networks,” said John Carrafiell, Co-CEO of BGO.
Looking ahead, industry professionals can gain exclusive insights into transformative technologies at the upcoming Connect North American Investment in Digital Infrastructure & AI event. Scheduled for February 11, 2026, in Montreal, this event promises to spotlight the next wave of innovation shaping commercial real estate.
