There’s an old saying in real estate: “Buy land – they’re not making any more of it.” Finding land is becoming a challenge in leading data center markets, as developers buy up properties to ensure future capacity for cloud customers. That includes “Data Center Alley” in Ashburn, the leading cloud hub in Northern Virginia.
David Tolson has been an active player in the Ashburn market, acquiring properties that have helped providers like RagingWire and CyrusOne expand their data center footprint. Tolson and his company, DBT-Data, have specialized in buying powered shells: existing buildings with undeveloped space, with the power and fiber connectivity already in place.
As data center demand has accelerated in Ashburn, Tolson has recently shifted his focus to shovel-ready vacant land.
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