PowerHouse Data Centers, a developer and owner of next-generation data centers fully owned by American Real Estate Partners (AREP), has completed the purchase of 145 acres in Spotsylvania, Va., to serve as the site of the PowerHouse 95 data center campus.
The purchase marks one of two recent transactions for PowerHouse’s joint venture with Harrison Street, following the announced closing on the PowerHouse Reno, Nev., site. In addition to closing on PH 95 and PH Reno, PowerHouse has four developments under way in northern Virginia totaling more than 700 megawatts.
Powerhouse 95 will serve the data-intensive needs of hyperscale users in northern Virginia, which is the largest data center market globally. With power constraints impacting the region, Powerhouse 95 — located along the Interstate-95 corridor and with two existing substations offering imminent access to power — is expected to offer a competitive advantage by accelerating Powerhouse’s ability to addres