Amazon Buys Bristow’s Devlin Tech Park for $700M — One of the Largest Land Deals in U.S. History
Posted by Chris Colgan on
By Chris Colgan | Source: Michael Neibauer, Washington Business Journal
The Big Picture
Amazon just made one of the biggest land moves in U.S. history — and it happened right here in Bristow, Virginia.
According to the Washington Business Journal, Amazon Data Services has purchased Devlin Tech Park for a jaw-dropping $700 million, solidifying Northern Virginia as ground zero for the global data-center boom.
By the Numbers
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$700 million sale price
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270 acres total — Amazon bought roughly 70% of it
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1,272% return for Stanley Martin Homes, who assembled the land for just $51 million
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3.5 million sq. ft. of planned data centers, plus 3 substations
That equals roughly $3.7 million per acre — nearly matching…
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