TA Realty, a real estate investment management services provider, has signed a 430 MW build-to-suit lease agreement with a global cloud services provider for its entire data center campus in Loudoun County, VA. The deal includes leases across five buildings, making up the entire 1.9 million-square-foot project.
One of the many benefits of this site is its location. Situated on the east side of Sycolin Road and bound by Cochran Mill Road to the north and Energy Park Drive to the south in Leesburg, VA, TA Realty’s development site is strategically positioned atop major fiber routes alongside transmission lines.
Besides providing 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 world's largest concentration of data centers, and once complete, TA Realty’s campus will be among the area's largest and most modern campuses.
Buddy Rizer, executive director of Loudoun Economic Development, said that TA Realty’s development will provide various benefits. In addition to bringing more data center capacity to the region, TA Realty’s commitment to the community is illustrated through the company’s investment in getting a new water pump station to the site, improving the quality and distribution of water to our entire community,” he said.
Allison O’Rourke, Partner at TA Realty, agreed and added that “Our dedication to creating value through partnering with local authorities, utilities and network partners led to this opportunity.”
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