Blue Owl-backed Stack acquires 71-acre data center site in Culpeper County, Virginia for $66.4M
Type: Acquisition · Technology: Data Center · Country: United States · Value: $66.4M · Announced: 2026-08-05
Blue Owl Capital, through its Stack Infrastructure unit, acquired a 71‑acre site at 15140 Keyser Road in Culpeper County, Virginia for $66.4 million. The parcel is located within the Culpeper Technology Park in the county’s Tech Zone, which is zoned by‑right for data‑center use. The acquisition adds to Blue Owl’s growing Virginia landholdings and positions the developer to tap power‑proximate land as Northern Virginia data‑center capacity tightens. Greysteel acted as the broker for the transaction, facilitating the sale. The site is slated for a multi‑building data‑center campus that could host up to 2.1 million sq ft of facilities, with power supplied by two approved 300 MW Dominion substations.
Counterparties
- Stack Infrastructure (Developer)
- Greysteel (Advisor Buy)
- Blue Owl Capital (Buyer)
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