{"id":1004750764,"date":"2025-03-17T04:20:53","date_gmt":"2025-03-17T12:20:53","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004750764"},"modified":"2025-03-17T07:10:47","modified_gmt":"2025-03-17T15:10:47","slug":"blackchamber-pays-190m-for-data-center-campus-site","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/blackchamber-pays-190m-for-data-center-campus-site\/","title":{"rendered":"BlackChamber Pays $190M for Data Center Campus Site"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/03\/Gateway-Linden-featured.png\"><img loading=\"lazy\" decoding=\"async\" width=\"798\" height=\"610\" data-attachment-id=\"1004749923\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/penzance-pays-55m-for-northern-virginia-portfolio\/gateway-linden-featured\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/03\/Gateway-Linden-featured.png\" data-orig-size=\"798,610\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Gateway-Linden featured\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Gateway &#038; Linden, a six-building industrial portfolio totaling 212,086 square feet in Manassas, Va. Image courtesy of Penzance&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/03\/Gateway-Linden-featured.png?w=798\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/03\/Gateway-Linden-featured.png?w=798\" alt=\"Gateway &amp; Linden, a six-building industrial portfolio in Manassas, Va.\" class=\"wp-image-1004749923\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/03\/Gateway-Linden-featured.png 798w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/03\/Gateway-Linden-featured.png?resize=300,229 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/03\/Gateway-Linden-featured.png?resize=768,587 768w\" sizes=\"auto, (max-width: 798px) 100vw, 798px\" \/><\/a><figcaption class=\"wp-element-caption\">The development site is roughly 8 miles from Gateway &amp; Linden, an industrial portfolio that recently changed hands in Manassas, Va. <em>Image courtesy of Penzance<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>The BlackChamber Group, of Washington, D.C., has purchased 65 acres in Northern Virginia that will serve as a <a href=\"https:\/\/www.commercialsearch.com\/news\/from-data-center-yimby-to-nimby\/\">data center development<\/a> site, according to the <em>Washington Business Journal<\/em>. The Pruitt Corp. sold the asset for $190 million. Senior Director Jamie Leachman and Director Drake Greer of JLL represented the buyer.<\/p>\n\n\n\n<p>Located at 10230-10251 Harry J. Parrish Blvd. in Manassas, the property is a five-building, 502,000-square-foot warehouse campus that\u2019s about 98 percent occupied. It\u2019s near Prince William Parkway and the Manassas Regional Airport while being also 8 miles from <a href=\"https:\/\/www.commercialsearch.com\/news\/penzance-pays-55m-for-northern-virginia-portfolio\/\">a six-building industrial portfolio<\/a> that recently traded.<\/p>\n\n\n\n<p>The property is a by-right data center development site of up to 2 million square feet within Prince William County\u2019s Data Center Opportunity Zone Overlay District. JLL listed it for sale on behalf of Pruitt in November.<\/p>\n\n\n\n<p>JLL declined to comment on the deal and BlackChamber could not be reached for comment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-going-to-the-country\">Going to the country<\/h2>\n\n\n\n<p>Last year, according to a February report from Newmark, \u201cNorthern Virginia persisted as the leading region for development site purchases by hyperscalers capturing roughly one-third of the total volume and cementing its position as the nation\u2019s most critical data center hub.\u201d<\/p>\n\n\n\n<p>Notably, however, there seems to be a growing level of data center development in Virginia\u2019s more rural areas, well away from the usual NoVa locations near Washington, D.C.<\/p>\n\n\n\n<p>In December, <a href=\"https:\/\/www.commercialsearch.com\/news\/avaio-digital-to-build-3b-data-center-campus-in-virginia\/\">AVAIO Digital Partners unveiled plans<\/a> to build a $3 billion data center campus on 452 acres in Appomattox County, Va., about 90 miles west of Richmond.<\/p>\n\n\n\n<p>In November, <a href=\"https:\/\/www.commercialsearch.com\/news\/tecfusions-lands-300m-for-virginia-data-center\/\">TECfusions landed $300 million<\/a> in funding to expand its 37.5 megawatt data center campus in Clarksville, Va., which is barely 5 miles from the North Carolina line and closer to Raleigh, N.C., than to Richmond, Va.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Northern Virginia property is entitled for up to 2 million square feet of development.<\/p>\n","protected":false},"author":882,"featured_media":1004749923,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21755,21782,21783,11,21742],"tags":[32796],"class_list":["post-1004750764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-data-centers","category-development","category-investment","category-midatlantic","category-latest","tag-jll"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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