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PowerHouse Data Centers secures lease with CyrusOne for new Northern Virginia data center
Transactions - MAY 15, 2023

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PowerHouse Data Centers secures lease with CyrusOne for new Northern Virginia data center

by Kali Persall

PowerHouse Data Centers, a joint venture between American Real Estate Partners and Harrison Street, has secured a 30-year lease agreement with CyrusOne for the ABX-1 data center, located in Ashburn, Va.

The two-story, 265,000-square-foot powered shell is in the heart of Data Center Alley, the epicenter of one of the world’s densest carrier and cloud-availability zones. ABX-1 is the first of PowerHouse’s six data center-build sites, representing 2.1 million square feet of data center space under construction in Loudoun County.

“Northern Virginia is the most active data center market in the world, and we are excited to be able to deliver data center solutions to end users and operators such as Cyrus One, to fit-out and support their customers,” said Michael Hochanadel, managing director and head of digital assets for Harrison Street. “We look forward to working closely with PowerHouse to develop more data centers in the region.”

PowerHouse Data Centers

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