$301M Sale of Ashburn Data Center Catapults DC Region to Decade’s Top US Digital Infrastructure Market

Ashburn, VA’s Quantum Park was the star digital infrastructure asset of the last 10 years, according to a report by 42Floors that analyzed CommercialEdge data center sales and development data from 2012 through 2021 in 90 markets across the US.

Total data center sales activity in the Washington, DC market accounted for about 22% ($1.4 billion) of the space traded across the top 20 most attractive markets, making it the country’s largest digital infrastructure hub and placing first on the report’s list of the decade’s most attractive destinations for data center real estate investment.

Quantum Park changed hands several times from 2012 through 2021. The most recent transaction was recorded in June of last year, when Landmark Dividend (acquired by Digital Bridge) paid $301 million for the office and data center property. This transaction marked not only the highest price tag that Quantum Park had commanded, but also the largest data center deal of the decade beginning in 2012.

Quantum Park had previously changed hands in 2016, when AGC Equity Partners paid $193 million for the campus — a deal that landed third in the report’s ranking of top data center sales of the decade.

Photo courtesy CommercialEdge