$400M Data Center Campus Secured
Powerhouse secures a site for a $400M data center campus, advancing its infrastructure projects.
By: Scott Baltic
PowerHouse Data Centers has closed on the site of PowerHouse Reno, its planned three-building, 900,000-square-foot powered shell data center campus in Reno, Nev. It estimates the project’s total value at about $400 million. PowerHouse will build the facility as part of a joint venture with Harrison Street.
The Reno campus will be developed within the Tahoe Reno Industrial Center, in a region that’s evolving into one of the nation’s fastest-growing tech hubs as land and power have become challenging to secure in Northern California, according to PowerHouse.
About PowerHouse
PowerHouse Data Centers (PowerHouse), a division of American Real Estate Partners (AREP), offers technical real estate solutions and next-generation data center powered shells for the hyperscale market. Driven by the core philosophy that strong data center projects begin with a strong real estate partner, PowerHouse provides best-in-class investment knowledge, development and site selection expertise, and technical operations. Visit www.powerhousedata.com for more about how PowerHouse delivers best-in-class build-to-suit, powered shell, and full turnkey deployments at scale.
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