**QuadReal and T5 Expand Partnership to Fuel $8B Data Center Growth**
QuadReal Property Group and T5 Data Centers announced an expansion of their six-year partnership to support the next phase of strategic growth. The latest round of capital raising aims to grow the platform to $8 billion in digital infrastructure. While the financial terms were not disclosed, this move marks a significant step forward in their strategy.
The QuadReal/T5 platform was initially formed in 2019 with a valuation of $2.5 billion and is jointly owned by QuadReal and T5 principals. Since its inception, the platform has developed facilities in key U.S. markets, including Silicon Valley, Hillsboro, Chicago, Atlanta, and Charlotte, serving cloud, AI, and enterprise users. This latest investment will allow the platform to meet rising 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.*
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Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax (www.griffintax.com) and REVVED Up Accounting (www.revvedupaccounting.com). In addition, Steve founded Madison Avenue Technology (www.madisonave.tech). With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.
