Ares Management Acquires Northern Virginia Data Centers and Development Site

Reuters12-18
Ares Management Acquires Northern Virginia Data Centers and Development Site

Ares Management Corporation announced the acquisition of a 314-acre data center development site in Spotsylvania County, Virginia, and two newly built hyperscale data centers in Leesburg, Virginia. The Leesburg data centers total 745,000 square feet and 165 MW of IT load capacity, and are fully leased to an investment-grade hyperscale customer under 15-year agreements. The Spotsylvania site will be developed by Ada Infrastructure, Ares' data center platform, with phase one expected to include two buildings totaling 200 MW of IT load.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ares Management Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251218360595) on December 18, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment