Data Center on North Main Street Sold for $59MM


Data Center on North Main Street Sold for $59MM
By Scott Rogers • September 18, 2014
A large data center on North Main Street in Harrisonburg has been sold for 59 million dollars. Read the Daily News Record article for some context for the sale. Here is a summary of the recent history of this property.... February 2005: N Main Properties purchase for $1.3MM June 2007: N Main Properties to Criticon for $3.8MM January 2008: Criticon to DBT-Data for $3.6MM March 2010: DBT-Data to Harris Corp for $41.6MM Harris Corp invests another $22MM in the facility Feb 2012: Harris shuts down data center Sept 2013: Harris Corp to DBT-Data for $35MM Sept 2013: DBT-Data to GI DC Harrisonburg LLC for $49MM A press release from DBT-Data last year provided these insights into the facility.... The Harrisonburg data center is the only data center in Maryland or Virginia with a Tier III certification from the Uptime Institute. This ranking relates to the "security and risks of a data center's performance" --- there are four tiers (I, II, III, IV) with IV being the highest. The Harrisonburg data center (aka the "Cyber Integration Center") features 100% perimeter fencing, card readers and biometric access at all control points, 24/7 on site IT and security staff, high-efficiency evaporative chillers, air-side economizers for free cooling, and UPS. Receive Updates by Email Recent Articles: Is There A Price You WOULD Pay For This House? There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 24, 2024 (unless otherwise noted).
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