Speed-to-market with Proven Performers
PowerHouse Data Centers, fully owned and operated by American Real Estate Partners (AREP), is a pioneering developer and owner of next-generation data centers, providing sophisticated real estate solutions for hyperscalers that meet their market, data, utility, and space demands. Founded in 2021 with a primary focus on Northern Virginia, the world's largest data center market, PowerHouse has strategically expanded to key markets across the United States. Today, PowerHouse is an established leader in world-class data center development and has 30 data centers underway or in planning, representing over 2.3 GW in six major markets.
PowerHouse owns its land sites, offering flexible next-generation data center models, with unparalleled speed-to-market. As disruptors setting new industry standards, we leverage proven leadership, technical expertise, and strategic partnerships to drive innovation. Drawing from long-standing real estate and industry relationships, we adeptly identify and transform land sites, delivering state-of-the-art BTS, powered shell, and full turnkey deployments at scale. Our full suite of development services integrates asset strategy, fast-track approvals, infrastructure, on-site power procurement, and sustainable building practices into every project
Highlighted Joint Venture Partnership
The PowerHouse and Harrison Street JV have committed $1 billion to develop six powered shell data centers representing 2.1 million square feet of data center space across Northern Virginia’s Data Center Alley and I-95 Corridor, the world’s largest and most connected data center market and fastest growing submarket respectively, as well as the Reno submarket. The JV portfolio includes a 1.2 million square foot development site in Ashburn, VA.
Integrated Development & Construction Team
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American Real Estate Partners (AREP) is an institutional fund manager and innovative operating partner focused on data center, office, and residential development and repositioning throughout the United States. AREP has had a number of high-profile successes in the Ashburn data center market, including the 1.8 million square foot acquisition of Quantum Park and the development of a 445,000 square foot headquarters for the U.S. Customs and Border Patrol Agency.
Harrison Street is one of the leading investment management firms exclusively focused on alternative real assets. Since 2018 the company has invested approximately $2.4 billion in digital assets including powered shells, carrier hotels, strategic collocations and dark fiber, and has built a dedicated team committed to investing across verticals that are key parts of the digital ecosystem. In July 2021, Harrison Street acquired a significant minority interest in Summit Infrastructure Group (“SummitIG”), the leading dark fiber network solutions and bandwidth infrastructure provider for carriers, content providers, data center operators, large enterprises and government agencies, with more than 600 miles of 100% underground, newly constructed metro and regional dark fiber infrastructure in Northern Virginia.