Power Loft Plans Large Virginia Data Center
Power Loft LLC is building a 200,000 square foot data center in Northern Virginia.
May 25, 2007
Total Site Solutions (TSS) said today that it has been hired to maintain a new 200,000 square foot data center being built by Power Loft @ Innovation LLC in Northern Virginia. The facility is under construction and expected to come online next year, and TSS expects to have 35 full time engineers, technicians and on-site security officers maintaining and protecting the site.
The TSS press release provided little information about the project. A little searching found that the Power Loft data center is located at the NT Innovation Park in Manassas, Virginia. Power Loft LLC is affiliated with several business units of Greyfields, a real estate private equity firm. The NT Innovation Park was purchased by Next Tier Equities (a Greyfields affiliate) in December 2005 to capitalize on the strong demand for mission-critical facilities in Northern Virginia. Next Tier was founded by Kevin Reardon, who previously worked as a principal and Chief Financial Officer at T-Rex Capital overseeing a portfolio of $400 million of mission critical, data center and commercial office assets. Reardon is also a principal in Greyfields, along with Robert Freeman, whow as previously a senior principal of Lazard Fr
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