Digital Realty Acquires 125.9 Acres In Loudoun County, VA
The company has strengthened its position in one of the most desirable data center markets in the U.S.
Digital Realty Trust, Inc. has announced that it has closed on the acquisition of 125.9 acres of undeveloped land in Loudoun County, VA, for a total purchase price of $43 million. The site is adjacent to one of the main fiber trunk runs in the county as well as a recently constructed sub-station and Dominion Virginia Power transmission lines. The parcel is expected to support the development of over two million square feet and the build-out of roughly 150 megawatts.
The site is located less than a mile from Digital Realty's existing data center campus in Ashburn, Virginia. Construction work is expected to begin in 2016, subject to market demand and according to the company's latest design specifications. Delivery will be phased to facilitate customer expansion requirements upon completion of the existing Digital Ashburn data center campus.