Northern Virginia: Landmark Dividend buys 1.2 million square feet of data center space in Northern Virginia

Oct 13, 2021 | Posted by Abdul-Rahman Oladimeji

Landmark Dividend, which DigitalBridge acquired earlier in the year, has acquired what it refers to as a “portfolio of assets” in Northern Virginia. It acquired 1.2 million square feet of data center space within the Quantum Park in Northern Virginia. According to Landmark Dividend, the property it bought can be used to develop a hyperscale data center with 32.5MW of on-site power and an additional 32.5MW of power that’s brought in.

The executive vice president of Landmark’s digital infrastructure division, John Dobo, said the company is happy to be expanding into Northern Virginia, the data center capital worldwide. He added that Quantum Park provides dense connectivity, abundant cooling and power, and close to 50 acres of land for development, making it the perfect location for expanding digital infrastructure in Northern Virginia. Landmark revealed that the transaction is its 35th data center acquisition. It is also the first acquisition it announced since DigitalBridge acquired it.