ACPF NOVA DATA CENTER LLC ACQUIRES TWO CYXTERA DATA CENTRE FACILITIES
PRESS RELEASE: ACPF Nova Data Center LLC, an affiliate of Los Angeles investment firm American Realty Advisors, has bought two Cyxtera Technologies data centre buildings in Sterling for $51 million, according to Loudoun property records.
The affiliate, listed in Loudoun County records as ACPF Nova Data Center LLC, on March 2 bought the 12-acre parcel that contains both 22810 and 22860 International Drive. The former is a 48,240-square-foot building and the latter 72,000 square feet. Shaw Road LLC had owned the property since 1999, the year it was built.
A spokeswoman for American Realty Advisors did not respond to requests for comment; a spokesperson for Shaw Road LLC could not be reached.
The land and buildings were assessed at more than $36 million in 2022, according to county records. The property sits within the Dulles International Park.
The two one-story buildings are leased as Cyxtera Technologies Inc.’s IAD-2 data centre campus, which the Coral Gables, Florida, company acquired from CenturyLink in 2017, according to the data centre operator’s portfolio. That year, CenturyLink completed the $2.3 billion sale of its data centre business to a consortium that renamed the company Cyxtera.
While two buildings (IAD-2A and 2B), Cyxtera advertises the campus as a single building totalling roughly 120,000 square feet — but 557,000 square feet of raised floor space.
Xavier Gonzalez, a spokesperson for Cyxtera, said the company continues to operate the two data centres on the property. He declined to share the length of the lease, and didn’t know the details of the sale.
“The sale is not having any impact on our operations there,” Gonzalez said.
“We continue to operate the facilities that we have on the property, and we’ll continue to do so for the long-term lease.”
Cyxtera Technologies has two other data centre facilities located elsewhere in Sterling.
“Our leased data centre facilities are typically leased pursuant to long-term, non-cancellable lease agreements,” reads an annual financial report that Cyxtera Technologies filed with the Securities and Exchange Commission on March 25, after this sale closed.
“We believe we have good relationships with all of our landlords.”
The sale is the latest in the ever-busy Northern Virginia data centre sector. Earlier this month, D.C.'s PRP acquired 22 acres in Prince William County for $22 million, with another 13 acres under contract, which the real estate investor plans to develop into data centre buildings. In January, Amazon.com Inc.'s data centre arm bought three office buildings in Sterling for a total of $26.4 million, public records show.
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