NoVA businessman Chuck Kuhn’s company, JK Land Holdings, has sold a parcel of land in Leesburg to a global data center investor. The $615 million sale for 97 acres equates to a record $6 million per acre.
An affiliate of SDC Capital Partners purchased the land, according to Washington Business Journal. The property has approval to hold five new data centers.
Public records show the parcel is in an area known as Twin Creeks. The site is on the south side of Cochran Mill Road, north of the Washington & Old Dominion Trail. JK Land Holdings paid $57 million to purchase the land during multiple transactions, mainly in 2021…