PowerHouse Data Centers Launches $1 Billion Expansion in Data Center Alley
PowerHouse Data Centers plans to invest $1 billion to build six data centers in Northern Virginia between now and 2026,
Source: datacenterfrontier.com
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American Real Estate Partners Acquires Office to Apartment Conversion Investment Bringing 200-Units to The Heart of Old Town, Alexandria
MCLEAN, VA - American Real Estate Partners (“AREP”), announced the company’s acquisition of 1101 King Street in the heart of Old Town, Alexandria. This is AREP’s fifth investment through its Strategic Opportunity Fund III (“Fund III”) which is now 60% deployed. The company has selected Cooper Carry to lead the project redevelopment design and residential hospitality design team RD Jones for the interiors. Construction is set to begin in July 2023. The...
Source: multifamilybiz.com
AREP Debuts PowerHouse Data Centers as an All-In-One Solution to the Ashburn Data Center Market
/PRNewswire/ -- American Real Estate Partners (AREP) announces the launch of PowerHouse Data Centers, a next-generation data center company that offers...
Source: prnewswire.com
Former AOL Headquarters in Ashburn Will Become a Data Center Campus
The former America Online campus in Ashburn will be converted into a large data center campus by its new owners, American Real Estate Partners (AREP) and Harrison Street, who are investing $1 billion to expand in Data Center Alley.
Source: datacenterfrontier.com