{"id":1004722089,"date":"2024-07-19T03:07:39","date_gmt":"2024-07-19T11:07:39","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004722089"},"modified":"2024-07-19T06:30:14","modified_gmt":"2024-07-19T14:30:14","slug":"ta-realty-edgeconnex-eye-microsoft-hyperscale-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ta-realty-edgeconnex-eye-microsoft-hyperscale-campus\/","title":{"rendered":"TA Realty, EdgeConneX to Build Microsoft Data Center Campus"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/MSFT-Rendering-featured.png\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"720\" data-attachment-id=\"1004719093\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/are-microgrids-the-answer-to-cres-power-struggle\/msft-rendering-featured\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/MSFT-Rendering-featured.png\" data-orig-size=\"960,720\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"MSFT Rendering featured\" data-image-description=\"&lt;p&gt;Microsoft\u2019s San Jose data center&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Microgrids. Image courtesy of Enchanted Rock&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/MSFT-Rendering-featured.png?w=960\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/MSFT-Rendering-featured.png\" alt=\"Microsoft\u2019s San Jose data center\" class=\"wp-image-1004719093\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/MSFT-Rendering-featured.png 960w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/MSFT-Rendering-featured.png?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/MSFT-Rendering-featured.png?resize=768,576 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/a><figcaption class=\"wp-element-caption\">Microgrids at Microsoft&#8217;s data center campus in San Jose, Calif. <em>Image courtesy of Enchanted Rock<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Citing the need to support increasing demand for scalable data center power and capacity in the Southeast, TA Realty and EdgeConneX are teaming up to develop a 324 MW hyperscale data center near Atlanta. Construction is set to start later this year with the first phase expected to come online by 2026.<\/p>\n\n\n\n<p>Microsoft will be the end user of the future campus, according to <em>Atlanta Business Chronicle<\/em> and other media sources. The development will eventually measure about 2.1 million square feet and cost roughly $1.8 billion.<\/p>\n\n\n\n<p>In addition to the first 612,000-square-foot building to be delivered in Phase 1, two more facilities of the same size are to be constructed in three phases, with the entire project set for completion by 2029, according to <em>Data Center Frontier.<\/em> <\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/prologis-blackstone-double-down-on-data-centers-but-hurdles-remain\/\">Prologis, Blackstone Double Down on Data Centers, but Hurdles Remain<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p>Last month, the Development Authority of Fulton County approved $75 million in incentives over a 10-year period for EdgeConneX, <em>ABC<\/em> reported. The project is expected to create about 50 full-time jobs and 400 to 600 temporary construction jobs. The 10-year economic impact is estimated to be approximately $2.9 billion with about $200 million in tax revenues over the same period.<\/p>\n\n\n\n<p>The joint venture partners declined to give the address of the site. However, <em>ABC<\/em> reported an affiliate of EdgeConneX acquired nearly 63 acres of woodlands in Union City, Ga., for $318.5 million from TA Realty. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-a-lucrative-partnership\">A lucrative partnership<\/h2>\n\n\n\n<p>TA Realty had initially acquired the site, made out of several parcels, in 2023. The Boston-based provider of real estate investment management solutions will now manage power procurement and also secure all necessary utilities, permits and approvals.<\/p>\n\n\n\n<p>In November, TA Realty leased its entire 1.9 million-square-foot, five-building <a href=\"https:\/\/www.commercialsearch.com\/news\/ta-realty-leases-430-mw-nova-data-center-campus\/\">data center campus in Loudoun County, Va.<\/a>, to a global cloud services provider. The build-to-suit deal marked the formation of a new group at TA Realty dedicated to global infrastructure, which was officially unveiled in January. <\/p>\n\n\n\n<p>EdgeConneX, a Herndon, Va.,-based global provider of data center solutions, will design, build and operate the facility. The company, backed by EQT Infrastructure, also has global headquarters in Singapore and Amsterdam and operates more than 80 <a href=\"https:\/\/www.commercialsearch.com\/news\/data-center-leasing-picks-up\/\">data centers across North America<\/a>, Europe, Asia Pacific and South America.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-growing-data-center-demand\">Growing data center demand<\/h2>\n\n\n\n<p>The Atlanta-area development supports the growing demand for low latency, high-performance computing driven by <a href=\"https:\/\/www.commercialsearch.com\/news\/ai-is-transforming-the-data-center-real-estate-game-jll\/\">advancements in AI<\/a>, cloud services and other emerging technologies. The need for resilient and scalable digital infrastructure continues to rise as businesses increasingly rely on these technologies.<\/p>\n\n\n\n<p>The Microsoft data center campus is expected to be one of the largest in the South. The land sales price was described as stunning in the <em>ABC <\/em>report and another sign of the growing importance of Georgia and the Greater Atlanta metro in data center development.<\/p>\n\n\n\n<p>A recent CBRE survey of investors found Atlanta is the third most popular market for <a href=\"https:\/\/www.commercialsearch.com\/news\/more-data-centers-please\/\">data center investment<\/a> in the U. S. behind North Virginia and Dallas-Fort Worth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This 2.1 million-square-foot complex will rise near Atlanta.<\/p>\n","protected":false},"author":1068,"featured_media":1004719093,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21755,21782,21742,32781],"tags":[37581,32822],"class_list":["post-1004722089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-data-centers","category-development","category-latest","category-southeast","tag-edgeconnex","tag-ta-realty"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TA Realty, EdgeConneX to Build Microsoft Data Center Campus - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"TA Realty and EdgeConneX will develop a 324 MW hyperscale data center for Microsoft in Union City, Ga., near Atlanta.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/ta-realty-edgeconnex-eye-microsoft-hyperscale-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TA Realty, EdgeConneX to Build Microsoft Data Center Campus\" \/>\n<meta property=\"og:description\" content=\"TA Realty and EdgeConneX will develop a 324 MW hyperscale data center for Microsoft in Union City, Ga., near Atlanta.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/ta-realty-edgeconnex-eye-microsoft-hyperscale-campus\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-19T11:07:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-19T14:30:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/MSFT-Rendering-featured.png\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Gail Kalinoski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ta-realty-edgeconnex-eye-microsoft-hyperscale-campus\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/ta-realty-edgeconnex-eye-microsoft-hyperscale-campus\/\",\"name\":\"TA Realty, EdgeConneX to Build Microsoft Data Center Campus - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ta-realty-edgeconnex-eye-microsoft-hyperscale-campus\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ta-realty-edgeconnex-eye-microsoft-hyperscale-campus\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/MSFT-Rendering-featured.png\",\"datePublished\":\"2024-07-19T11:07:39+00:00\",\"dateModified\":\"2024-07-19T14:30:14+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57\"},\"description\":\"TA Realty and EdgeConneX will develop a 324 MW hyperscale data center for Microsoft in Union City, Ga., near Atlanta.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ta-realty-edgeconnex-eye-microsoft-hyperscale-campus\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/ta-realty-edgeconnex-eye-microsoft-hyperscale-campus\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ta-realty-edgeconnex-eye-microsoft-hyperscale-campus\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/MSFT-Rendering-featured.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/06\/MSFT-Rendering-featured.png\",\"width\":960,\"height\":720,\"caption\":\"Microgrids. 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