TA Realty LLC, a provider of real estate investment management services, has signed a 430 MW build-to-suit lease agreement for its entire data centre 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, which is situated on the east side of Sycolin Road and is bound by Cochran Mill Road to the north and Energy Park Drive to the south in Leesburg, VA, is strategically positioned atop major fibre routes and alongside transmission lines. In addition to access to diverse fibre connections, the location is ideal for data centre development due to an adjacent power plant, logistics facility, and an existing substation that provides power to another data centre facility. Loudoun County is home to the largest concentration of data centres in the world and, once complete, TA Realty’s campus will be among the largest and most modern campuses in the area.
Speaking about the proposed development, Buddy Rizer, Executive Director of Loudoun Economic Development, stated that, “Loudoun County is excited to welcome TA Realty and to support the development of one of the largest new data centre campuses approved and planned for our county. In addition to bringing more data centre capacity to the region, TA Realty’s commitment to the community is illustrated through the company’s investment in bringing a new water pump station to the site, improving the quality and distribution of water to our entire community.”
“This project exhibits TA Realty’s ability to source outstanding opportunities in the data centre industry, particularly in Tier 1, mature markets,” said Allison O’Rourke, Partner at TA Realty. “Our dedication to creating value through partnering with local authorities, utilities and network partners led to this opportunity. We look forward to supporting this strategic customer and working alongside them to complete this world-class project.”
TA Realty expects to commence construction of the site’s first building later this year. The tenant selected TA Realty’s data centre campus due to its scale, power advantages and location near the heart of Data Centre Alley. Construction on the secure campus is expected to be completed in 2027.