SABEY TO DEVELOP 490,000-SQUARE-FOOT DATA CENTER IN VA.

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ASHBURN, VA. — Seattle-based Sabey Data Center Properties has acquired a 38-acre land parcel within the 84-acre Ashburn Technology Park in Ashburn from Baltimore-based St. John Properties for $17 million. Sabey will begin construction in late summer on a three-building, 490,000-square-foot data center, which will be leased to a variety of tenants upon completion. John Ryan of CB Richard Ellis' McLean, Va., office and Kesh Tayal of Keller Willams' McLean office represented the buyer in the transaction.

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