πŸ‡ΊπŸ‡ΈNorth America

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 pipeline

Market 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

EquinixDigital RealtyQTSCloudHQVantage

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

Acquisition28 Apr 2026

Blackstone acquires QTS portfolio expansion

Blackstone expanded its QTS data centre portfolio with additional Northern Virginia campuses totaling 320 MW.

$2.4B320 MW
Development20 Nov 2025

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.

$4.5B600 MW
Acquisition5 May 2026

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.

$40.0B2000 MW
Acquisition15 Jan 2026

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.

$2.0B500 MW
Development6 May 2026

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.

$1.5B200 MW
Acquisition31 Dec 2025

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.

$45.7B
Acquisition10 May 2026

Aligned $40B - full consortium: Microsoft, xAI, NVIDIA, MGX

Full buyer consortium revealed: MGX, GIP (BlackRock), Microsoft, xAI, NVIDIA, Temasek, Kuwait Investment Authority, and BlackRock.

$40.0B2000 MW
Acquisition8 May 2026

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.

$4.8B
Sale10 Apr 2026

Blackstone eyes $2B IPO for data centre unit

Blackstone is considering a $2 billion IPO for its data centre acquisition platform, per Bloomberg reporting.

$2.0B

CoStar Market Data

Recent Sales (2 in market)

PropertyPriceSFDate
NEST Campus$322.0M280,73606/30/2025
NEST Campus$32.7M280,73602/15/2023
View all 489 sales comps β†’

Available Space (1 properties)

PropertyAvail SFRentOwner
31 Farinella Dr48,235$12.40 - 15.16 (Est.)New Vernon Equities
View all 203 available properties β†’

Interested in Northern Virginia?

Luke Tatman and our advisory team provide market-specific intelligence, site selection support, and transaction guidance.

Talk to Luke β†’