TA Realty has completed the sale of two Northern Virginia hyperscale data centers in Leesburg, marking a key milestone in the firm’s large-scale campus development strategy. The properties total 745,000 square feet and deliver 165 megawatts of IT load capacity.
The facilities represent the first two buildings completed within a planned five-building, 450-megawatt campus. Both assets were fully leased to a single hyperscale tenant before the sale was finalized. The transaction was executed by TA Realty alongside its data center development arm, TA Digital Group.
Build-to-Suit Strategy Reaches Stabilization
According to Allison O’Rourke, Partner at TA Realty, the sale reflects the firm’s build-to-suit approach in Tier 1 U.S. markets. The strategy centers on developing hyperscale facilities for major tenants and monetizing assets once stabilization is achieved.
Northern Virginia remains the world’s leading data center hub. As a result, competition for powered land and grid access has intensified. Against this backdrop, the successful delivery and sale of the first phase underscores the firm’s development capabilities.
Moreover, the campus was designed to meet hyperscale-grade requirements from the outset. Significant infrastructure was integrated during development to support long-term expansion.
Infrastructure Scale Drives Value
Tim Shaheen, Partner at TA Realty and Chief Development Officer at TA Digital Group, emphasized the complexity of assembling land at this scale. In addition, local utility partnerships were formed to expand supporting infrastructure.
Two independent substations were delivered to provide grid power redundancy. This level of capacity and resilience is increasingly difficult to secure in core markets. However, the scale of the campus enabled the infrastructure to be developed efficiently.
The utility upgrades are expected to benefit not only the campus but also surrounding growth in the region.
Expanding a Multi-Gigawatt Platform
TA Realty has built a data center platform comprising more than 12 projects across its investment vehicles. Together, these projects represent nearly 3 gigawatts of power capacity that is either owned or controlled.
TA Digital Group oversees development and construction activities. The team operates from Ashburn, Virginia, within the region known as Data Center Alley, which hosts the largest concentration of data centers globally.
In addition to its Northern Virginia portfolio, TA Realty holds assets in Chicago and Atlanta. Further expansion is planned as demand for hyperscale capacity continues to grow.
With the sale now completed, the next phases of the Leesburg campus are expected to advance, reinforcing Northern Virginia’s position as a cornerstone of global digital infrastructure.
