National CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
QuadReal, T5 Target $8B Data Center Platform
QuadReal Property Group and T5 Data Centers said Wednesday they had expanded their six-year partnership to fund its next phase of strategic growth. The latest round of capital raising is intended to bring the platform to $8 billion of digital infrastructure. Terms weren’t disclosed.
The QuadReal/T5 platform, formed in 2019 with an initial value of $2.5 billion and jointly owned by QuadReal and T5 principals, has developed facilities in strategic U.S. markets including Silicon Valley, Hillsboro, Chicago, Atlanta and Charlotte, serving cloud, AI and enterprise users. The new investment will help the platform meet its growing customer demand and support the development of a new Scaled Campus strategy with an ultimate capacity of 5 GW.
“This additional investment from QuadReal is another step that enables T5 to pursue its ambitious Scaled Campus strategy supplying AI and cloud-ready data center capacity to the world’s most sophisticated technology companies,” said Pete Marin, CEO of Atlanta-based T5.
Pictured: The T5 @ Chicago IV campus in Grayslake, IL.
Register Today to “Be in the Room” when Michael Brennan receives Connect CRE’s Lifetime Achievement Award and will participate in the Keynote Interview with Kevin Brennan, also of Brennan Investment Group. Join us at Connect Industrial Midwest 2025 on the afternoon of Wednesday, March 5, at Joe’s Live in Rosemont, IL, for this exclusive presentation!
- ◦Development
- ◦Financing
