Columbia Capital

$3.5B data center deal in Virginia as Digital Realty buys Blackstone stake

Digital Realty has acquired a $3.5 billion equity stake from Blackstone-affiliated funds in three data centers in northern Virginia. The deal covers two facilities in Manassas and one in Sterling, with a total power draw of up to 96 megawatts. This transaction follows Digital Realty's recent acquisition of Alexandria-based Columbia Capital, an investment firm focused on data centers.