A powered shell data center in Ashburn, Virginia has been sold by the joint venture of Harrison Street and PowerHouse Data Centers. The ABX-1 facility spans 265,580 square feet and boasts a power capacity of 60 MW.
This successful sale marks the first development completed by the partnership between PowerHouse and Harrison Street, which was launched in January 2022. With a commitment of $3.2 billion, this joint venture plans to develop nearly 6 million square feet of powered shell data centers in Northern Virginia, Dallas and Reno.
ABX-1 was fully leased to CyrusOne prior to its final completion date in October 2023. According to Michael Hochanadel, Managing Director and Head of Digital Assets for Harrison Street: “This project is a testament to the strength of Northern Virginia’s data center market – consistently ranked as one nation’s fastest-growing markets over the past five years.” He also expressed excitement about expanding their portfolio across other strategic U.S. markets where there is high demand for robust digital infrastructure.
In summary: A large powered shell data center located in Ashburn has been sold by Harrison Street and PowerHouse Data Centers through their joint venture partnership. This marks their first successful development together with plans for further expansion into other key U.S.markets where there is strong demand for advanced digital infrastructure.
