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Transactions - MAY 16, 2024

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Harrison Street and PowerHouse JV enters Dallas market with new 200MW data center campus

by Kali Persall

Harrison Street and PowerHouse Data Centers, a division of American Real Estate Partners (AREP), have purchased 50 acres of land in Irving–Las Colinas, Texas, a community located within the Dallas–Fort Worth area and the second-largest data center market in the country.

The site will be home to PowerHouse Irving, a nearly 1 million-square-foot data center campus that will deliver 200 megawatts of power when completed. PowerHouse Irving is the third multi-phased data center development to be announced this year, following PowerHouse Reno in Nevada and PowerHouse 95 in Spotsylvania County, Va.

The campus includes three powered shell data centers totaling more than 946,000 square feet, with a total power load of 67 megawatts per building. The site has immediate access to permanent power from an existing adjacent substation, serviced by Oncor, the largest energy delivery company in Texas. Construction is scheduled to begin in early 2025, with the first powered shell se

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