Landmark Dividend Acquires Marquee Portfolio of Assets in Quantum Park Data Center Campus in Northern Virginia
October 12 2021 - 7:00AM
Landmark Dividend LLC (“Landmark”), a leading real estate and
infrastructure acquisition and development company, announced today
that it has acquired approximately 1.2 million square feet of
mission-critical data center space within the historic Quantum Park
development located in the heart of Northern Virginia’s Data Center
Alley. Featuring mission-critical, state-of-the-art infrastructure,
the Quantum Park property has available land for hyperscale data
center development with 32.5 megawatts (MW) of power on-site, an
additional 32.5 MWs of power being brought to the site and access
to 24 carriers. This acquisition marks Landmark’s 35th data center
transaction - a milestone as Digital Infrastructure assets now
comprise over $1 billion of Landmark’s assets under management.
“We are extremely excited to expand our
portfolio into Northern Virginia, the data center capital of the
world,” said John Dobo, Executive Vice President of Landmark’s
Digital Infrastructure division. “Quantum Park, with its ample
power and cooling, dense connectivity and nearly 50 acres of
available land for development, provides Landmark the opportunity
to capitalize on the rapid expansion of digital infrastructure in
Northern Virginia.”
“The Quantum Park transaction is a testament to
the successful digital infrastructure platform and team that we
have built at Landmark,” said Tim Brazy, Chief Executive Officer of
Landmark Dividend. “This acquisition further demonstrates our
commitment to digital infrastructure and our greater resources and
capabilities since the acquisition of Landmark Dividend by
DigitalBridge Group, Inc. (NYSE: DBRG) in June 2021. We believe we
are extremely well-positioned to build on our successful track
record and strengthen our leadership position within the growing
digital infrastructure market.”
Bell Nunnally & Martin and McGuireWoods
served as legal counsel for Landmark.
About Landmark Dividend
LLCLandmark Dividend LLC is a real estate and
infrastructure acquisition and development company focusing on the
digital infrastructure, wireless communication, outdoor advertising
and renewable power generation industries.
Landmark Dividend currently manages over 5,000
assets originated on behalf of Landmark Dividend, its active
private investment vehicles and Landmark Infrastructure Partners LP
(NASDAQ: LMRK). LMRK is a publicly-traded subsidiary of Landmark
Dividend LLC established to acquire, own and manage a diversified,
growing portfolio of real property interests and infrastructure
assets.
Contact
Tim BrazyChief Executive Officer(310)
294-8180tbrazy@landmarkdividend.com
John DoboExecutive Vice President, Digital
Infrastructure(321) 961-0993jdobo@landmarkdividend.com
DigitalBridge (NYSE:DBRG)
Historical Stock Chart
From Sep 2024 to Oct 2024
DigitalBridge (NYSE:DBRG)
Historical Stock Chart
From Oct 2023 to Oct 2024