GW sells Virginia science campus to Amazon for $427 million to fund strategic initiatives
TL;DR Summary
George Washington University sold its 122-acre Virginia Science and Technology Campus in Loudoun County to Amazon Data Services for $427,299,350. GW will remain on the property for up to five years as it relocates programs (including the School of Nursing) and will use the proceeds to create a quasi-endowment funding strategic initiatives and one-time faculty/staff bonuses, amid Northern Virginia’s booming data-center development.
Topics:business#amazon#data-centers#education#gw-hatchet#loudoun-county#virginia-science-technology-campus
- GW sold Virginia campus for $427 million to Amazon for data center development The GW Hatchet
- GWU Sells Ashburn Campus to Undisclosed Buyer LoudounNow.com
- George Washington University sells Virginia campus to Amazon Data Services The Washington Post
- Amazon data center unit acquires George Washington University Virginia campus Yahoo Finance
- Amazon Data Services purchases GW’s Ashburn campus for $427 million WTOP
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