Amazon Acquires Land In Chantilly, Virginia For $73M
25020 Willard Rd, Chantilly, VA 20152, USA
$73,000,000
$16/SF
Building Size
4,364,712 SF
Asset Type
Other
Closing
Nov 29, 2020
About this deal
AI
Amazon's CEO, Jeff Bezos, has recently acquired a plot of land located at 25020 Willard Road in Chantilly, Virginia. The property, which spans a total area of 4,364,712 square feet, was purchased for a staggering price of $73,000,000. This translates to a price per square foot of $16, indicating a significant investment by Bezos.
Summary of Transaction Details:
- Property Type: Land
- Transaction Amount: $73,000,000
- Size: 4,364,712 square feet
- Price per Square Foot: $16
- Market: Chantilly, Virginia
The primary purpose of this acquisition is to establish a data center on the acquired land. This aligns with Amazon's focus on expanding its cloud business, Amazon Web Services (AWS), which happens to have its largest availability region in Virginia. The data center will serve as a critical infrastructure for AWS, supporting its cloud services operations.
By acquiring this property, Jeff Bezos and Amazon are strengthening their presence in Virginia, further solidifying their position as a leading provider of cloud services within the region.
Players
Chantilly Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Deal FAQ
Visit Jeff Bezos to view all their deals.
Browse Virginia other sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.22%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93