Microsoft Corp has simply finalized its buy of over 1,000 acres of farmland in Racine County, Wisconsin.
The 1,000 acres have been a part of three transactions totaling practically $176 million.
Microsoft’s remaining transaction was the acquisition of 407 acres, which included a pumpkin farm and a 9-acre corn maze in Mount Nice.
The large land buy is a part of Microsft’s plan to take a position practically $1 billion in a knowledge middle in Mount Nice.
Microsoft simply paid $76 million for a Wisconsin pumpkin farm https://t.co/LtCd0AZ1tl
— The Verge (@verge) December 22, 2023
Per Milwaukee Journal Sentinel:
Microsoft Corp. has accomplished its buy of simply over 1,000 acres of Racine County farm land that shall be developed for knowledge middle amenities.
The three transactions totaled practically $176 million.
The corporate paid the Village of Mount Nice $63.2 million for 400 acres on Braun Highway and Durand Avenue, in accordance with newly filed deeds.
Additionally, Microsoft paid the village $36.5 million for 241 acres on County Freeway H.
Lastly, the corporate purchased 407 acres on Braun Highway and Durand Avenue from Creuziger Farms Inc. for $76 million, in accordance with the deeds posted on-line Wednesday by the Wisconsin Division of Income.
Microsoft completes its land buy for future knowledge facilities close to Foxconn web site https://t.co/MQPoDBX505 through @journalsentinel
— TomDaykin (@TomDaykin) December 20, 2023
The brand new knowledge middle is predicted to rent 300 to 400 workers.
