Corporate Office Properties Trust (COPT) has signed a lease with Fortune 500 company for two shell buildings in Ashburn, Virginia.
COPT said construction on the first 200,000 square foot building (COPT DC-8) will commence early in 2013 and that construction on a second 115,000 square foot building (COPT DC-9) no later than mid-2014. The company also noted that these two projects brought the company’s development leasing volume in 2012 to 1.2 million square feet.
“We are pleased to be able to meet this customer’s need in Northern Virginia, one of COPT’s strategic markets,” stated Roger A. Waesche, Jr., President & Chief Executive Officer of COPT.
- In October 2012, RagingWire Data Centers, which operates 650,000 square feet (60,000m2) of wholesale and retail data center space in Northern California and Northern Virginia, has paid $20 million offer to acquire 75 acres of land in Ashburn, Virginia.
RagingWire said it plans to build a 750,000 square foot (69,000m2) data center in phases on the site.
RagingWire currently operates a 150,000 square foot facility in Ashburn, along with its flagship 500,000 data center in Sacramento, California. The current Ashburn facility was activated in July 2012. It features 2N+2 redundancy in its critical facilities infrastructure all the way to the customer’s rack and 21 megawatts of highly available facility power. The campus includes RagingWire’s patented power management system and a number of energy efficiency innovations.