Ares Management Expands U.S. Data Center Footprint With 314‑Acre Northern Virginia Site And Acquisition Of Two 2025‑Vintage Hyperscale Facilities In Leesburg

Benzinga · 2d ago

Acquires 314-Acre Data Center Development Site in Spotsylvania County and Two 2025-Vintage Hyperscale Data Centers in Leesburg

Transactions Underscore Acceleration of Ares' Vertically Integrated Digital Infrastructure Investment Capabilities

Ares Management Corporation (NYSE:ARES), a leading global alternative investment manager, announced today two significant data center transactions in the U.S. by Ares Real Assets funds, underscoring an expansion of Ares' global data center exposure and the significant advantages through collaboration across its leading digital infrastructure and real estate investment capabilities.

In one investment, the Ares Digital Infrastructure business, through an Ares fund, has secured a 314-acre site situated along the I-95 South data center corridor in Spotsylvania Countyof Northern Virginia. The data center development site is expected to be designed, delivered and operated by Ada Infrastructure ("Ada"), Ares' vertically integrated global data center platform within the Ares Digital Infrastructure business. Phase one of the development is expected to comprise two data center buildings totaling 200 MW of IT load capacity. The campus has secured critical utility infrastructure and will utilize Ada's design and rapid customization capabilities, including flexible cooling system configurations that can accommodate next generation GPU loads.

In a separate investment, an Ares Real Estate fund has acquired two 2025-vintage hyperscale data centers located in Leesburg, Virginia. Totaling 745,000 square feet and 165 MW of IT load capacity, the data centers are fully leased under 15-year triple-net agreements with a leading, investment-grade hyperscale customer, providing long-term income stability and portfolio diversification. Ares continues to reinforce its leadership in fast-growing New Economy sectors—including logistics and data centers—which are benefiting from the acceleration of new digital technologies, global supply chain shifts and the evolution in how communities live and work.