Flexential Completes Atlanta Data Center Purchase
With this deal, the firm takes full ownership of its footprint in the metro.
Flexential has completed the acquisition of a data center it has been occupying in Norcross, Ga. Mapletree Industrial Trust sold the asset for $11.8 million, according to Data Centre Dynamics. Flexential’s lease was set to expire in August.
The Norcross facility—the company’s hub for cloud and data protection in Atlanta—encompasses 32,740 square feet and has 1.8 megawatts of power capacity. The property also features a 40,000-square-foot planned expansion.
The data center provides connectivity via a 100-gibabit network scalable to 400 gigabits, access to more than 80 carriers and built-in redundancy. The one-story building is at 2775 Northwoods Parkway within Northwoods Business Center, 22 miles from downtown Atlanta.
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The transaction gives Flexential full ownership of its Atlanta metro area data center footprint. The firm’s portfolio also includes one facility in Alpharetta, Ga., and two in Douglasville, Ga.
Flexential picked up Douglasville 2, a 358,000-square-foot facility at 1750 N. River Road, in December. Local real estate developer, designer and construction company Rooker sold it for $46.1 million, according to Douglas County public records. The property is near Douglasville 1, the company’s 205,000-square-foot data center at 1700 N. River Road.
The flexible data center solutions provider currently operates 40 data centers across 18 markets in the country, with more than 330 megawatts of built and under-development capacity. In October last year, the company landed an equity investment from Morgan Stanley Infrastructure Partners, that became a co-investor alongside GI Partners.
Atlanta steals the spot for data center absorption
Last year, Atlanta emerged as the new U.S. leader for data center absorption, with 705.8 megawatts, according to a CBRE report. This was the first time any market surpassed Northern Virginia, with Atlanta absorbing 39 times more space when compared to late 2023.
The metro also has an impressive inventory. In 2024, Atlanta’s data center footprint increased by 222 percent to 1,000.4 megawatts while its under-development pipeline included 2,159.3 megawatts during the second half of last year, marking a 195 percent annual jump.
One of the recently delivered data centers in this metro is Edged Atlanta, owned by Endeavour’s Edged Energy. The company completed the first facility of its upcoming Atlanta campus in August. This is the firm’s first North American data center.
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