Randy Brouckman Of EdgeConneX Leases 578,000 Square Foot Data Center To CoreWeave In Cedar Creek

The property asset involved in this lease transaction is a 578,000-square-foot industrial facility located at 6692 Farm to Market Road 535 in Cedar Creek, Texas. This asset is currently under development by EdgeConneX, who is also the landlord of the property. The facility is part of a project that has secured state tax incentives and local property tax abatements to support CoreWeave's expansion.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 6692 Farm to Market Road 535
• Market: Cedar Creek, TX
• Landlord: Randy Brouckman - EdgeConneX
• Tenant: Michael Intrator - CoreWeave Inc.

The deal involves Randy Brouckman representing EdgeConneX as the landlord, while Michael Intrator represents CoreWeave Inc. as the tenant. The project signifies a significant development in the area as CoreWeave aims to enhance its AI infrastructure footprint through this expansion.