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Amazon Pays $195M for NoVA Site, Seeks Data Center Project Approval

Summary by Commercial Observer
Amazon is reportedly pausing some of its data center lease deals around the world, but that hasn’t stopped the tech conglomerate from purchasing more land to develop its own. An Amazon affiliate has paid $195 million to Luck Stone, a Virginia-based quarry operator, for 97 acres just south of Leesburg, in Northern Virginia’s Loudoun County. The Business Journals first reported news of the deal, which amounts to about $2 million per acre. Yet Amaz…
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Commercial Observer broke the news in on Monday, May 5, 2025.
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