H5 Data Centers broke ground on a data center in Ashburn, VA. Upon completion, the three-story data center will support 42 MWs of critical load across 255,000 square feet.

The center is meant to respond to accelerating demand for large-scale data center space in top-tier markets. Pre-leasing is under way with availability in Q3 of 2024. The data center located on Beaumeade Circle will qualify for Virginia data center sales and use tax exemption.

Northern Virginia is the largest data center market in the world, but the immense growth of the market has made it difficult for cloud and technology companies to source scalable capacity, as H5 Data Centers points out in its announcement. "Upon completion, the data center will provide our customers with the ability to meet their stringent security and reliability requirements," Josh Simms, founder and CEO of H5 Data Centers.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.