PowerHouse Data Centers Announces Lease Agreement with CyrusOne for ABX-1 Data Center Powered Shell

Key Facts

PowerHouse is a joint venture between American Real Estate Partners (AREP) and Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, that offers powered shell and build-to-suit data center solutions.
"Northern Virginia is the most active data center market in the world and we are excited to be able to deliver data center solutions to end users and operators such as Cyrus One, to fit-out and support their customers," says Michael Hochanadel, Managing Director and Head of Digital Assets for Harrison Street.
About PowerHouse Data Centers PowerHouse Data Centers, a division of AREP, is a developer and owner of next-generation data centers and technical real estate solutions for hyperscalers in Northern Virginia.
As a disruptor, PowerHouse Data Centers provides flexible 'Powered Shell' next-generation data center models with the quickest speed to market of any Ashburn project while meeting hyperscalers' growing market, data, and space demands.