Loudoun’s JK Land Holdings purchases 270 acres for data centers
Property is in Loudoun and Prince William counties
The founder and CEO of Sterling-based JK Moving Services has purchased 270 acres in Loudoun and Prince William counties to be used for data centers that will provide 500 megawatts of IT capacity.
Chuck Kuhn, CEO of JK Land Holdings LLC and JK Moving Services, has partnered with Dutch data center developer and operator Yondr Group to purchase the land for an undisclosed amount, the companies announced Wednesday. This deal marks JK Land Holdings’ entry into the data center market, as well as Yondr’s first venture in Virginia. The first building is expected to be in operation by late 2022, the companies said.
“Demand for data centers continues to grow exponentially. With our leadership in real estate acquisitions and Yondr’s expertise in developing state of the art data center facilities, we look forward to partnering to meet the nation’s growing big data and cloud needs,” Kuhn said in a statement.
JK Moving Services is the largest independently owned and operated moving company and has recently been building its focus on moving equipment for data center owners, including hiring a new director of technology services in March.
Kuhn has been in the news in recent years for buying thousands of acres of rural land — much of it in western Loudoun County — and placing it in conservation easements. In February, Kuhn and his wife, Stacy, purchased White’s Ferry, a historic Potomac River ferry that closed in late 2020 over property disputes and remains shuttered.