D.C.-based real estate firm investing $4B for new data center development in Berkeley County, WV

By: Caity Coyne

Outlets: West Virginia Watch

Published: February 27, 2026

Words: 1,141

Last Updated: 1 week, 6 days ago

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Gov. Patrick Morrisey announced on Thursday that a new “high impact intelligence center” is expected to be built in Berkeley County in coming years.

The project will be made possible through a $4 billion private investment from Penzance Management, a real estate investment and development firm based in Washington, D.C. and Northern Virginia. Morrisey said the state will not be responsible for any of the funding needed for the project.

The company will …

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