Microsoft Corp. Acquires 124-Acre Land In Gainesville, VA For $465.5M

The transaction involved the sale of a land asset in Gainesville, VA, encompassing 124 acres. The property located at 13490 University Boulevard & 5941 Wellington Road was acquired by Bill Gates & Paul Allen's Microsoft Corp from seller 41992 John Marshall Highway LLC for a total of $465,500,000.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $465,500,000
• Buyer: Bill Gates & Paul Allen - Microsoft Corp
• Seller: 41992 John Marshall Highway LLC
• Market: Gainesville, VA

Microsoft Corp. recently finalized the purchase of the acreage, acquiring it from local data center mogul Chuck Kuhn. The deal, valued at $465.5 million, stands as one of the most significant data center transactions in the region, solidifying Microsoft's presence in the area.