Tom Daykin
Microsoft Corp. has made one of its largest ever Racine County land purchases − adding 160.3 acres to a site it's amassing north of its Mount Pleasant data center campus.
The software developer bought five parcels, at 12123 Louis Sorenson Road, from Peter Zenner Family Farm LLC for $43,462,548.
Also, Microsoft bought 5.9 acres, at 12800 Louis Sorenson Road, from Randall and Louise Borgardt for $7,339,000.
That's according to deeds posted online Thursday by the Wisconsin Department of Revenue.
The company has made a series of purchases since May, with several of those transactions recorded this summer.
The Zenner and Borgardt transactions come one week after Microsoft bought 1 acre, at 12827 Louis Sorenson Road, from Ronald C. Smith for $900,000.
The purchases now total 473.9 acres − with the company spending $106.8 million, according to deeds.
Those additional tracts will "support data center construction already underway in the area," said Bowen Wallace, Microsoft vice president of datacenters/Americas, in a July statement to the Milwaukee Journal Sentinel.
The company in December bought just over 1,000 acres of nearby farmland that's being developed for data centers. The three transactions totaled nearly $176 million.
The land purchases on Louis Sorenson Road are north of Durand Avenue/Wisconsin Highway 11. Most of Microsoft's development is initially planned for south of that highway.
Microsoft says it will spend $3.3 billion by 2026 to build the initial phase of its data center development. Much of the investment is driven by growing demand for artificial intelligence-related applications.
Tom Daykin can be emailed at tdaykin@jrn.com and followed on Instagram, X and Facebook.
Posts
No comments:
Post a Comment