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harrisonst.com

Founded Year

2005

Stage

Corporate Majority | Acquired

Valuation

$0000 

About Harrison Street

Harrison Street is a real estate investment firm that focuses on student and senior housing, medical office, and storage investments.

Harrison Street Headquarters Location

444 West Lake Street Suite 2100

Chicago, Illinois, 60606,

United States

312-920-0500

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Latest Harrison Street News

AREP Debuts PowerHouse Data Centers as an All-In-One Solution to the Ashburn Data Center Market

Sep 13, 2022

News provided by Share this article Share this article PowerHouse Data Centers Owns Land Sites and Provides Flexible Data Center Models for Hyperscalers seeking a one-stop solution to meet Ashburn requirements. McLEAN, Va., Sept. 13, 2022 /PRNewswire/ --  American Real Estate Partners (AREP)  announces the launch of PowerHouse Data Centers , a next-generation data center company that offers technical real estate solutions for hyperscalers in Northern Virginia. PowerHouse Data Centers has plans to build six data centers representing 2.1 million square feet of data center space in Northern Virginia. PowerHouse's Arcola Data Center project, set for completion in 2026 will provide 120 MW of max capacity power, with 80 MW of critical power for a two-building facility with 614,300 sq. ft. of developable space and a data hall area of 364,100 sq. ft. of space. PowerHouse's data center campuses also include the site of the former AOL headquarters on Pacific Boulevard in Ashburn known as PowerHouse Pacific , which will host three state-of-the-art data center build-to-suit data centers for hyperscale tenants. Other projects under construction include PowerHouse ABX-1 at Beaumeade , which is bringing a 265,000 sq. ft. two-story powered data center online in 2023. American Real Estate Partners (AREP) announces that PowerHouse Data Centers plans to build 6 data centers in Northern VA The construction is also backed by a $1 billion joint venture commitment with  AREP and Harrison Street to develop and construct world-class data centers. As one of the leading investment management firms focused exclusively on alternative real estate assets, Harrison Street invested approximately $2.4 billion in digital assets that include powered data centers, strategic colocations and dark fiber. Harrison Street has clients in North America, Europe, the Middle East, Asia and Latin America. PowerHouse Data Centers delivers flexible data center models with the quickest speed to market of any Ashburn project while meeting the exploding market, data and space demands and challenges facing hyperscalers in Data Center Alley. PowerHouse Data Centers owns its land sites and offers unique fast-track approvals and zoning approvals in the heart of the world's largest data center market. Recently, two prominent telecom veterans, Luke Kipfer and Jarrett Appleby , were appointed to drive PowerHouse Data Centers' deployment of next-generation data centers in Northern Virginia. "We are excited to offer a new data center solutions company to meet the rising demand of hyperscalers in Ashburn and change the landscape of Data Center Alley," says Doug Fleit, Co-founder and CEO of AREP and PowerHouse Data Centers. "We provide hyperscalers a unique competitive advantage of an accelerated speed to market while overcoming the challenge of a fierce 'data center land run'." We utilize our in-house development team and decades-long relationships in the area to build out your project from site planning to customized data center completion. The data center models provide Build-to-Suit and Build-to-Spec configurations with robust connectivity, future-proofing and customization. "We are constantly evolving to meet hyperscaler needs with our fast, flexible and scalable Build-to-Suit data center solutions to fully meet their exacting specifications," comments Greg Rowles, PowerHouse Data Centers Managing Director, Development and Construction. "PowerHouse handles all the heavy lifting from site selection and evaluation, data center design and construction, to infrastructure build-out and delivery. "  For more information about the unique Arcola, Pacific and ABX-1 data center opportunities in Ashburn, click here to connect with the PowerHouse team or visit www.powerhousedata.com to learn more. About PowerHouse 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. The company owns its land sites, offering unique fast-track approvals and zoning approvals right in the heart of the world's largest data center market. As a disruptor, PowerHouse Data Centers provides flexible next-generation data center models with the quickest speed to market of any Ashburn project while meeting hyperscalers' growing market, data, utility and space demands. PowerHouse Data Centers is committed to building six data centers representing 2.1 million square feet of data center space in Northern Virginia. For more information, visit www.powerhousedata.com  and follow us on LinkedIn  and Twitter . SOURCE American Real Estate Partners (AREP) ×

  • When was Harrison Street founded?

    Harrison Street was founded in 2005.

  • Where is Harrison Street's headquarters?

    Harrison Street's headquarters is located at 444 West Lake Street, Chicago.

  • What is Harrison Street's latest funding round?

    Harrison Street's latest funding round is Corporate Majority.

  • Who are the investors of Harrison Street?

    Investors of Harrison Street include Colliers International.

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