Found 2 blog entries tagged as Tech Infrastructure.

As reported by Michael Neibauer of the Washington Business Journal, another massive data center land deal just dropped in Northern Virginia — this time in Leesburg.

According to public records, JK Land Holdings, led by Chuck Kuhn (the CEO of JK Moving Services in Sterling), sold 97 acres of fully entitled data center land for $615 million to an affiliate of SDC Capital Partners. That’s a staggering $6.3 million per acre, believed to be the highest raw land sale ever recorded in the region.

What makes this deal so huge

This sale comes just one day after Amazon’s $700 million purchase of Devlin Tech Park in Bristow — meaning Northern Virginia just saw over $1.3 billion in data center land deals in less than 48 hours.

JK Land Holdings…

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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

  • $700 million sale price

  • 270 acres total — Amazon bought roughly 70% of it

  • 1,272% return for Stanley Martin Homes, who assembled the land for just $51 million

  • 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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