SITTING ON A 38-ACRE LAND PARCEL
Lincoln Rackhouse, the data center division of Lincoln Property Company, and Principal Real Estate Investors, have announced the acquisition of a data center property in Atlanta.
The newly acquired 38-acre property includes an 185,000 square foot data center facility and offers more than 7MW of capacity, and designed to expand to over 13MW. According to Lincoln Rackhouse, the site can further support a separate 30MW ground up data center development for hyperscalers and operators.
“We’re proud to partner with Principal Real Estate Investors in a market that’s quickly become one of the most robust data center regions in the U.S Our plan is to begin immediate development of additional turn-key critical floor space, that will ultimately align and address our customer’s current and future expansion needs,” said Martin Peck, Executive Vice President, Lincoln Rackhouse.
“This acquisition of a high-quality asset in such a dynamic market provides an excellent addition to our portfolio of data centers. We’re thrilled to be able to bring immediate availability and expansion to accommodate our customers’ growth in the Southeast,” said Ben Wobschall, Managing Director, Portfolio Management for Principal Real Estate Investors.
As announced, St. Louis based Ascent will continue to provide facilities management, engineering and construction services to the site while marketing and leasing will be provided by Digital Crossroad and CBRE’s Atlanta based data center solutions team.
About 3 months ago, Lincoln Rackhouse announced that the development of a new data center campus on a 190-acre site in New Albany, Ohio. As designed, the new campus will accommodate up to 1.2 million square feet of data center space and support 144MW of critical load. Also, the development of this campus will include the construction of an on-site 200MVA power sub-station.
Also in Atlanta, data center, colocation, and connectivity service provider, DataBank, recently announced the completion of its ATL3 data center expansion.