REBusinessOnline

TA Realty to Develop $1.8B Data Center Campus in Leesburg, Virginia

LEESBURG, VA. — TA Realty LLC, a provider of real estate investment management services to domestic and international institutional investors, plans to develop a new $1.8 billion secure data center campus in Leesburg. The Loudoun County project will be the first data center development for the Boston-based firm.TA Realty’s new data center campus will be situated on the east side of Sycolin Road with Cochran Mill Road to the north and Energy Park Drive to the south. With the initial …

American Tower Expands Data Center in Downtown Atlanta

ATLANTA — American Tower, a data center REIT based in Boston, has expanded its American Tower Metro Data Center facility at 55 Marietta St. in downtown Atlanta. The addition brings nearly 20,000 square feet and 2 additional megawatts of capacity to the facility. American Tower has fully integrated the data center, formerly known as Colo Atl, into the American Tower brand.American Tower hopes with the expansion to provide its customers with more power and capacity, giving them a vehicle to …

Cogent Communications Signs 6,000 SF Lease at Newly Expanded Data Center in Downtown Minneapolis

MINNEAPOLIS — Cogent Communications has signed a 6,000-square-foot lease at [email protected], a newly expanded data center located at 1001 Third Ave. South in downtown Minneapolis. Legacy Investing, an investment and commercial real estate firm focused on technology properties, owns the asset. T5 Data Centers, a national data center operating company, manages and operates the property, which features private suites, technical office space, a conference area and tenant lounge. The building is …

DC Blox, Brasfield & Gorrie Break Ground on Data Center in Greenville

GREENVILLE, S.C. — DC Blox, a provider of interconnected multi-tenant data centers, has broken ground on a multi-tenant regional data center in Greenville. With an initial capacity of 1 MW of critical load, the first phase of DC Blox’s new Greenville data center is set to be completed by the third quarter of 2021. The Atlanta-based firm is partnering with Brasfield & Gorrie, a privately held construction firm, on the project.When complete, the data center will offer access to DC …

Verizon Data Center in Overland Park Sells for $5.8M

OVERLAND PARK, KAN. — A 51,299-square-foot data center occupied by Verizon in Overland Park has sold for $5.8 million. Chris Orr of Romans Properties represented the buyer, a private institutional investor. Seller information was undisclosed. Charlotte, N.C.-based Romans specializes in the sale and leasing of data centers

Skybox, Prologis Underway on Development of 189,000 SF Data Center in Elk Grove Village, Illinois

ELK GROVE VILLAGE, ILL. — Skybox Datacenters is underway on the development of Skybox Chicago I, a 189,000-square-foot data center in the suburban Chicago community of Elk Grove Village. The project is the first facility being developed as part of a new partnership between Skybox and Prologis Inc. The partnership will focus on data center markets across Chicagoland. Completion of the first facility is slated for

Google to Invest $7B in Offices, Data Centers Across the U.S.

MOUNTAIN VIEW, CALIF. — Google has announced plans to invest $7 billion in offices and data centers across the U.S. this year, creating 10,000 new full-time jobs across 19 states. The investment will include over $1 billion in the state of California; office expansions in Atlanta, Chicago, New York City and Washington, D.C.; and data center expansions in Nebraska, South Carolina, Virginia, Nevada and Texas. Further details on planned investments across the U.S. are below:SouthIn …

Capital Source 1031 Acquires 16,529 SF Data Center in La Mirada, California

LA MIRADA, CALIF. — Capital Source 1031 has purchased an all-purpose data center, located at 16680 Valley View Ave. in La Mirada, for an undisclosed price. The property was acquired for CS1031 California Data Center, a Delaware statutory trust.Cogent Communications, an internet service provider, occupies the 16,529-square-foot building. Cogent delivers internet, ethernet and colocation services to more than 88,100 customers in more than 207 markets and 47 countries across the …

Harrison Street, 1547 Data Center Fund Acquire Pittock Block in Portland for $326M

PORTLAND, ORE. — Harrison Street and 1547 Data Center Real Estate Fund II, an affiliate of fifteenfortyseven Critical Systems Realty, have purchased the historic Pittock Block Building, a 302,262-square-foot, mixed-use asset in Portland's central business district, for $326 million. The seller was Also Investment Co.The price is the highest transaction cost in Oregon since 2015, according to JLL, which brokered the deal.The 302,200-square-foot building is one of the most connected …

QTS Realty Trust Completes 495,000 SF Expansion of Data Center in Atlanta

ATLANTA — QTS Realty Trust has completed the expansion of QTS Atlanta-Metro Data Center 2 (DC2), a 495,000-square-foot data center in Atlanta. The facility features 240,000 square feet of data hall space. QTS began the expansion in November 2019. DC2 is situated on QTS’ 95-acre campus and adjacent to Atlanta-Metro Data Center 1 (DC1), four miles northwest of downtown Atlanta. QTS signed two undisclosed tenants for the facility. DC2 supports 72 megawatts of power capacity, bringing the QTS …

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