Walton Global, a leading real estate investment and land asset management firm, has completed the successful sale of 29.5 acres within the expansive 680-acre Alexander’s Crossing Master Plan in Spotsylvania County, Virginia. The buyer, PowerHouse Data Centers (“PowerHouse”), a leading real estate developer for next-generation hyperscale data centers and wholly owned by American Real Estate Partners (AREP), will utilize the land to expand development of its  PowerHouse 95 data center campus and substation, further underscoring the region’s global importance as a hub for data centers. 

“This latest transaction represents continued progress toward our strategic objectives for the year,” said Barry Dluzen, Executive Vice President of Real Estate at Walton Global. “We are pleased to partner with AREP in advancing critical infrastructure at Alexander’s Crossing, particularly in expanding power capacity to support future development.”

Strategically located along Interstate 95 near Highway 17, Alexander’s Crossing sits at a key juncture between the Washington, D.C. Metropolitan Statistical Area and Richmond, VA. This marks the third successful property sale within the master planned community, following multifamily transactions in March 2022 and May 2023, and the sale of a major data center site in December 2023.

“With every transaction, Walton is doing more than facilitating land sales—we’re enabling long-term economic growth and essential infrastructure development in the region,” said Jed Welsh, Real Estate Coordinator at Walton Global.

Walton continues to seek out opportunities with both homebuilders and commercial developers to create sustainable communities that meet the area’s needs and support the regional population growth in Virginia.