Northern Virginia
The world's largest data centre market, anchored by Ashburn's 'Data Center Alley'. Home to over 70% of global internet traffic routing.
4,200MW
Total Capacity
340
Active Facilities
2.1%
Vacancy Rate
$0.065/kWh
Power Cost
3,100MW
Pipeline
8/10
Regulatory Risk
$350K/acre
Land Cost
18mo
Permit Timeline
Capacity Growth Trend
+3,100 MW pipelineMarket Highlights
- Largest concentration of data centres globally
- Critical power constraints driving expansion to adjacent counties
- Dominion Energy grid expansion underway
42%
Renewable Energy
680 MW
Annual Absorption
Key Providers
Top Facilities (10 tracked)
| Facility |
|---|
| DC1 |
| DC2 |
| DC3 |
| DC4 |
| DC5 |
| DC6 |
| DC7 |
| DC8 |
| DC9 |
| DC10 |
View all 1,138 facilities in our global directory.
Recent Deals
Blackstone acquires QTS portfolio expansion
Blackstone expanded its QTS data centre portfolio with additional Northern Virginia campuses totaling 320 MW.
Blackstone hyperscale platform - $16B commitment
Blackstone announced a $16B multi-year commitment to develop 600 MW of new hyperscale capacity across its QTS portfolio, starting with Northern Virginia.
Aligned $40B acquisition - largest DC deal ever
The $40 billion acquisition of Aligned Data Centers by a consortium of AI Infrastructure Partnership, MGX, and BlackRock's GIP is the largest data centre deal in history.
NVIDIA invests $2B in CoreWeave
NVIDIA invested $2 billion into CoreWeave Class A stock to help scale toward 5 GW of data centre capacity by 2030.
EdgeCore $1.5B Northern Virginia hyperscale
EdgeCore Digital Infrastructure completed $1.5 billion in financing for two single-tenant hyperscale data centres in Northern Virginia.
US data centre PE investment hits $45.7B - 5-year high
Private equity investment in US data centres reached $45.7 billion in 2025, the highest in at least five years, per S&P Global.
Aligned $40B - full consortium: Microsoft, xAI, NVIDIA, MGX
Full buyer consortium revealed: MGX, GIP (BlackRock), Microsoft, xAI, NVIDIA, Temasek, Kuwait Investment Authority, and BlackRock.
Ecolab acquires CoolIT Systems for $4.75B
Ecolab announced a definitive agreement to acquire liquid cooling leader CoolIT Systems from KKR for $4.75 billion in cash.
Blackstone eyes $2B IPO for data centre unit
Blackstone is considering a $2 billion IPO for its data centre acquisition platform, per Bloomberg reporting.
CoStar Market Data
Recent Sales (2 in market)
| Property | Price | SF | Date |
|---|---|---|---|
| NEST Campus | $322.0M | 280,736 | 06/30/2025 |
| NEST Campus | $32.7M | 280,736 | 02/15/2023 |
Available Space (1 properties)
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| 31 Farinella Dr | 48,235 | $12.40 - 15.16 (Est.) | New Vernon Equities |
Interested in Northern Virginia?
Luke Tatman and our advisory team provide market-specific intelligence, site selection support, and transaction guidance.
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