June 22, 2022 Virginia
Finmarc Management Inc. has completed the acquisition of the Virginia-95 Business Park from Boston Properties Inc. The property consists of data center buildings and industrial buildings. The purchase price is $127.5 million. The 740,000 square feet properties feature 11 buildings that comprise...
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June 15, 2022 Virginia
The president of AttoTek, a software development firm, David Martin, has filed for rezoning in Culpeper County, Virginia. The filing details involve rezoning 88 acres of his property around Stevensburg Road and Brandy Road. Once approved, it can lead to over 700,000 square feet (65,000 square...
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January 10, 2022 Virginia
In Virginia's recently released Annual Comprehensive Financial Report, it was revealed that it offered $124.5 million in tax breaks to data centers last year. Comparatively, this is $14 million higher than the amount offered in 2020, which totaled $110.5 million, a figure that has gradually risen...
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September 21, 2021 Virginia
Prince Edward County in Virginia has established a new tax for data centers. The reasoning behind this is to make the tax more competitive with the surrounding counties in Virginia. Earlier this week, the Board of Supervisors voted unanimously to create a different tax category for computers and...
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