An investment of as much as $1.2 billion is expected to fund the purchase and buildout of existing and future data center sites.
The new facility will be carrier-neutral and offer 9 megawatts of IT capacity.
VanTrust Real Estate was the seller of the recently completed asset.
Phase one of the project is scheduled for completion in 2024.
Located on a 615-acre site, the project would be the largest multi-tenant facility of its kind.