Digital Realty Pays Record Price for 13 Acres of Land in Ashburn
ASHBURN, VA — The Washington Business Journal is first poreting that Digital Realty has purchased 13 acres of land in Ashburn, Virginia for $2.14 Million USD a piece – likely the highest price ever paid for land in Loudoun County. Digital Realty purchased the $28 Million USD parcel from Airbus America, who has been using the land for a 124,000 square foot warehouse occupied by Satair, one of their subsidiaries.
To make the significance of the price paid clear, the closest number available from public records is a $1.68 Million purchase per acre by Cologix in July of 2018 (though it’s possible that acquisitions not made public have exceeded that number). The 13 acre tract of land was previously assessed at $5.7 Million USD (not including the warehouse).
Digital Realty has also recently purchased a 424-acre plot near the Dulles International Airport for $236.5 Million USD, as well as announced a new data center in Chile, a third data center in Singapore, and the acquisition of 5-acre land parcel in Toronto.
About Digital Realty: Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Latin America, Asia, Australia and South America. Digital Realty’s clients include domestic and international companies of all sizes, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare and consumer products.