Newmark has arranged a $975 million balance sheet financing for Project Helios, a newly constructed, state-of-the-art data center in northern Virginia, a critical hub for internet traffic and network infrastructure.
The borrower was a joint venture between Affinius Capital and Corscale Data Centers. Blue Owl provided the financing.
The property is a newly delivered, mission-critical data center within one of northern Virginia’s premier data center campuses, surrounded by multiple investment-grade hyperscale tenants. The asset is 100 percent leased to a leading, investment-grade cloud service provider under a long-term lease, underscoring the strength of both the tenancy and the underlying infrastructure.
“This transaction reflects continued institutional conviction in digital infrastructure, particularly in Northern Virginia, where demand is driven by unmatched connectivity, scale and proximity to end users,” said Christopher Kramer, vice chairman of Newma