Campus to Add Hyperscale Capacity in Supply-Constrained Market by 2029 
 
 
   NEW YORK, Aug. 3, 2026 /PRNewswire/ -- Certain funds and accounts 
managed by Cerberus Capital Management, L.P. and its affiliates 
("Cerberus"), a global alternative investment advisor, and Yondr Group, 
a global developer, owner and operator of hyperscale data centers, today 
announced the acquisition of a 40-acre site to build a 72 MW data center 
campus in Manassas, Virginia, which is expected to become operational in 
2029. 
 
 
   The project will help meet sustained demand from hyperscale customers 
for well-located capacity that can serve a diverse set of use-cases 
including cloud, enterprise and artificial intelligence applications. 
Northern Virginia is the largest and most established data center market 
in the world, with significant hyperscale and cloud presence, deep fiber 
connectivity and unparalleled proximity to global hubs in the 
Northeastern United States. 
 
 
   "We are pleased to partner with Yondr to deliver a high-quality project 
in Northern Virginia that is well-positioned to support hyperscale 
demand," said Tom Wagner, Senior Managing Director and Head of North 
American Real Estate at Cerberus. "With near-term power availability in 
a historically constrained market and a 2029 ready-for-service date, 
this project will be well-positioned to support continued customer 
demand while creating long-term value for our partners and investors. We 
look forward to advancing this project alongside Yondr and to 
identifying compelling opportunities to invest in high-quality real 
assets supported by the strong fundamentals in the digital economy." 
 
 
   Aaron Wangenheim, CEO of Yondr Group, added: "We continue to see strong 
demand for well-located capacity across our global portfolio including 
Northern Virginia, and this acquisition marks another important step in 
growing our North American footprint. Bringing a project of this scale 
online in a market like Northern Virginia takes deep operational 
expertise and strategic capital, and our partnership with Cerberus 
brings both together to deliver the capacity hyperscale customers 
increasingly need." 
 
 
   About Cerberus 
 
 
   Founded in 1992, Cerberus is an alternative investment firm with 
approximately $72 billion in assets across complementary credit, private 
equity, and real estate strategies. Cerberus invests across the capital 
structure, where it believes its integrated investment platforms and 
proprietary operating capabilities can help to improve performance and 
drive long-term value. Cerberus's tenured teams have experience working 
collaboratively across asset classes, sectors, and geographies to seek 
to achieve strong risk-adjusted returns for its investors. Learn more at 
www.cerberus.com. 
 
 
   About Yondr Group 
 
 
   Yondr Group is a global developer, owner, and operator of hyperscale 
data centers. The company specializes in delivering campuses 
purpose-built for scale, engineered to support cloud and AI workloads. 
The organization's mission -- to develop and operate hyperscale data 
centers ready for tomorrow -- ensures the company remains at the 
forefront of digital infrastructure. For more information, visit 
www.yondrgroup.com 
 
 
   Contacts 
 
   Jason Ghassemi 
 
 
   media@cerberus.com 
 
 
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   SOURCE Cerberus Capital Management, L.P.