Data Center on North Main Street Sold for $59MM

A large data center on North Main Street in Harrisonburg has been sold for 59 million dollars.  Read the Daily News Record article for some context for the sale.

Here is a summary of the recent history of this property....

• February 2005:  N Main Properties purchase for $1.3MM
   
  
• June 2007:  N Main Properties to Criticon for $3.8MM
   
  
• January 2008:  Criticon to DBT-Data for $3.6MM
   
  
• March 2010:  DBT-Data to Harris Corp for $41.6MM
   
  
• Harris Corp invests another $22MM in the facility
   
  
• Feb 2012: Harris shuts down data center
   
  
• Sept 2013:  Harris Corp to DBT-Data for $35MM
   
• Sept 2013:  DBT-Data to GI DC Harrisonburg LLC for $49MM
  

A press release from DBT-Data last year provided these insights into the facility....

• The Harrisonburg data center is the only data center in Maryland or Virginia with a Tier III certification from the Uptime Institute.  This ranking relates to the "security and risks of a data center's performance" --- there are four tiers (I, II, III, IV) with IV being the highest.
   
  
• The Harrisonburg data center (aka the "Cyber Integration Center") features 100% perimeter fencing, card readers and biometric access at all control points, 24/7 on site IT and security staff, high-efficiency evaporative chillers, air-side economizers for free cooling, and UPS.