Jun 12, 2026 | Posted by Abdul-Rahman Oladimeji
Corscale Data Centers has secured $975 million in financing from Blue Owl for Project Helios, a newly built data center in Prince William County, Virginia. The funding was arranged by Newmark on behalf of a joint venture between Corscale and Affinius Capital. The facility is fully leased to an investment-grade cloud provider under a long-term contract.
“This transaction reflects continued institutional conviction in digital infrastructure, particularly in Northern Virginia, where demand is driven by unmatched connectivity, scale and proximity to end users,” said Newmark's vice chairman Christopher Kramer. “High-quality assets in established hyperscale ecosystems, leased to investment-grade tenants, are drawing strong interest from capital providers.”
Founded by Patrinely Group and backed by USAA Real Estate and Affinius Capital, Corscale is developing the Gainesville Crossing campus in Prince William County, Virginia. Once complete, the five-building site will span 2.3 million square feet and deliver 326MW of capacity. The company is also planning a second campus in Virginia's Loudoun County and is developing a data center campus near London, UK.
