TA Realty has signed a 430 MW build-to-suit lease agreement for its entire data center campus in Loudoun County, VA, with a premier global cloud services provider.
The agreement includes leases across five buildings, making up the entire 1.9 million-square-foot project.
TA Realty’s development site is strategically positioned atop major fiber routes and alongside transmission lines.
In addition to access to diverse fiber connections, the location is ideal for data center development due to an adjacent power plant, logistics facility and an existing substation that provides power to another data center facility.
Loudoun County is home to the largest concentration of data centers in the world and, once complete, TA Realty’s campus will be among the largest and most modern campuses in the area.
“This project exhibits TA Realty’s ability to source outstanding opportunities in the data center industry, particularly in Tier 1, mature markets,” said Allison O’Rourke, Partner at TA Realty.
TA Realty expects to commence construction of the site’s first building later this year. The tenant selected TA Realty’s data center campus due to its scale, power advantages and location near the heart of Data center Alley. Construction on the secure campus is expected to be completed in 2027.
The announcement marks the formation of a new group at TA Realty dedicated to digital infrastructure, which will be formally announced in early 2024.
Click below to share this article