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Thor Equities Group paid $50M to acquire 270 acres, including a 506K SF distribution facility, 70 miles south of Downtown Atlanta in LaGrange, a source familiar with the transaction told Bisnow.

The site includes a dedicated substation capable of producing 100 megavolt-amperes and 50 megawatts of power output, according to a release. With the transformers, water, sewer and natural gas infrastructure already set up at the site, Thor is eyeing plans for a data center project with a joint venture partner.