Lease execution brings HSAM’s digital investment platform to more than 4 million square feet of hyperscale leasing executed across 18 leases and 8 campuses.
Chicago, IL, Feb. 11, 2026 – Harrison Street Asset Management (“HSAM,” or the “Firm”), a leading alternative global investment management firm with over $108 billion in assets under management through highly differentiated assets across infrastructure, real estate and credit strategies, has announced the execution of two long-term hyperscale pre-leases at its PowerHouse Arcola campus in Loudoun County, Virginia. The leases represent a major milestone for HSAM’s digital investment platform, which has now executed more than 4 million square feet of hyperscale leasing across 18 leases and 8 campuses, showcasing the firm’s ability to deliver large-scale, power-secured data center capacity in the most supply-constrained and competitive markets globally.
Located near the intersection of Route 50 and Loudoun County Parkway in Northern Virginia, PowerHouse Arcola sits in close proximity to dense fiber networks, robust utility infrastructure, and major interconnection hubs. The 37-acre campus is planned to feature two two-story data center buildings totaling approximately 615,000 square feet and is designed to support up to 120 megawatts of utility capacity.
“PowerHouse Arcola underscores the continued expansion of our digital investment platform across highly supply-constrained data center markets globally,” said Michael Borchetta, Co- Head of the North America Transactions Group at Harrison Street Asset Management. “In our experience hyperscale users are increasingly looking to trusted development and financing partners to deliver scale, ensure power certainty, and provide consistent execution. The HSAM platform alongside its trusted development partners is uniquely positioned to navigate the growing complexity required to deliver these solutions for our hyperscale customers.”
“Northern Virginia remains the most important data center market globally, driven by strong network density and sustained customer demand,” said Michael Hochanadel, Head of Digital at Harrison Street Asset Management. “PowerHouse Arcola reflects our conviction in markets where those fundamentals continue to support long-term value.”
Since 2018, HSAM’s digital investment platform has committed over $6.5 billion to powered shells, carrier hotels, colocation sites and dark fiber platforms. HSAM’s digital assets portfolio reinforces the firm’s long-term focus on targeting demographic-driven and needs-based assets addressing critical global demand.
About Harrison Street Asset Management
Harrison Street Asset Management is a leading global alternative investment management firm with over $108 billion in assets under management through highly differentiated assets across real estate, infrastructure, and credit strategies. Headquartered in Chicago, Toronto and London with over 600 employees in offices across North America, Europe, Asia and the Middle East, the firm offers innovative solutions across a variety of closed-end, open-end and specialized vehicles on behalf of 1,200+ institutional and over 300+ Registered Investment Advisors.1
1 HSAM data and descriptions of HSAM’s business are generally comprised of the aggregated data and business activities of investment advisors that are owned in whole or in part by HSAM. Assets under management (“AUM”) reflects the AUM for the investment advisory and asset management clients of such investment advisors and is inclusive of the regulatory AUM of such investment advisors that is reported in their respective Form AD
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