Inside the Praetorian Fund Megasite Acquisition: Chesapeake’s 4,000-Acre Gamble on Data Center and Industrial Expansion
CHESAPEAKE, Virginia — As speculative land banking reaches a fever pitch across the mid-Atlantic, the Praetorian Fund’s pending acquisition of a sprawling, approximately 4,000-acre industrial site in Chesapeake, Virginia, has ignited a complex debate over local zoning, digital infrastructure capacity, and the future of regional growth. While the transaction positions the massive parcel—known as the…