The economic value of data centers is boosting land values in Prince William County in Northern Virginia, with one transaction valuing a future data center property at more than $900,000 per acre.
Microsoft continues to expand its global data center infrastructure, buying land to add massive amounts of server capacity in key North American cloud hubs in Iowa, Northern Virginia and Phoenix.
After years of rocket-ship growth, the Northern Virginia data center market is still flying high, but in a slightly lower orbit than in 2018. Industry CEOs, executives and analysts discuss trends in Data Center Alley.
QTS Data Centers has formed a joint venture with global infrastructure investor Alinda Capital Partners that could provide up to $1 billion in funding for future data center construction, starting with a campus in Manassas, Virginia.
Hyperscale deals helped data center operators lease 270 megawatts of capacity in Northern Virginia during 2018, more than doubling the region’s previous record for annual absorption. What’s ahead for 2019?
A proposal to triple a key tax rate for data centers in Prince William County in Northern Virginia appears headed for defeat after failing to gain the needed support from county supervisors.
Dominion Virginia Power and several community groups have reached an agreement that clears the way for new power lines to support a data center project in Haymarket, Virginia, ending a long-running dispute.
As it opens its new Northern Virginia data center campus in Manassas, Iron Mountain outlines plans for future growth, including new construction as well as acquisitions.