TA Realty Moves Into Data Center Development with $1.8B Deal
The campus will feature over 1.5 million square feet of space with the initial buildings expected to come online later this year.
Loudoun County, VA, one of the nation’s hottest sites for data centers, is getting a new player.
Boston-based TA Realty announced its first foray into data center development Tuesday with plans to create a $1.8 billion complex in the suburban Washington, DC locale. It will have a dedicated onsite electricity station with 300 megawatts of power.
The fully built-out campus will feature over 1.5 million square feet of space with the initial buildings expected to come online later this year.
Loudoun County has welcomed 4.5 million square feet of new data center space since 2018, according to a report last year from the Northern Virginia Technology Council.
The Council called the county the world’s largest and fastest growing data center market.
Led by Loudoun, the report said Northern Virginia has more data center inventory than the sixth through 15th largest markets, combined.