Americas Data Center H2 2024 Update

RECENT SALES SITE / PROPERTY

PHX UNITED STATES

H2 24

SIZE

SALE DATE

SALE PRICE (US$) BUYER

SELLER

8785 N Reems Rd, Waddell

100 acres

Dec-24

$86.5M

Aligned Data Centers

LXP Industrial Trust

Loop 202 & Dobbins Rd, Laveen

229 acres

Oct-24

$277.3M

Amazon

IDM Companies

75th Ave & Northern Ave, Glendale

19 acres

Oct-24

$10.2M

Aligned Data Centers

Renewal Mgmt. Remainder Trust

7823 W Seldon Ln, Peoria

78 acres

Sep-24

$42.2M

Aligned Data Centers

VanTrust Real Estate LLC

CONTACTS

S Johnson Rd, Buckeye

2,069 acres Aug-24

$136.1M

Tract

Cirpriani Holdings LLC

Click on each name to send an email.

11753 W, Tolleson

206 acres

Jul-24

$246.9M

QTS

TGV Investments Group

DON RODIE Managing Director

20435 N 26th Ave, Phoenix

54,655 sf

Jul-24

$12M

Paycom

Safeway Inc.

+1 (602) 229-5918 x305918 don.rodie@cushwake.com

SIGNIFICANT CONSTRUCTION & PLANNED UPDATES

OPERATOR

DATA CENTER

SIZE (SF)

POWER (MW)

STAGE - EST. DELIVERY

JOHN McWILLIAMS Head of Data Center Insights, Global Think Tank +1 (303) 312-4233 john.mcwilliams@cushwake.com

5C Data Centers

PHX01

140,000 452,000 452,000 624,000 289,000 84,000

20

In Planning In Planning In Planning In Planning

Elliot Rd, Mesa Pecos Rd, Mesa

Undisclosed Undisclosed

AWS

Updated

Compass Datacenters

PHX II

108

Redhawk, Mesa – Phase 1 Redhawk, Mesa – Phase 2

12 18

U/C – Q3 2025 In Planning U/C & In Planning U/C & In Planning U/C & In Planning In Planning

Google

Meta

Mesa – Phase 2+

2,150,000 (est.)

300 (est.)

NTT

Phoenix – Remaining Phases PHX2 – Remaining Phases Glendale

1,524,000

204

1,349,000 5,812,000 (est.) 398,300 (est.) 452,000 (est.) 450,000 (est.)

144 (est.) 768 (est.) 108 (est.) 72 (est.) 72 (est.)

QTS

PHX-06 PHX-07 PHX-08

In Planning U/C – 2025 In Planning In Planning In Planning

Aligned Data Centers

Downtown Phoenix Goodyear

833,900 1,784,000

246 176

STACK Infrastructure

PhoenixNAP

Phoenix

500,000

30

In Planning – Q4 2026

AZ14 & AZ15 AZ2

512,000 (est.) 432,000 (est.) 1,475,000 (est.) 1,162,000 (est.)

112 (est.) 48 (est.) 132 (est.)

U/C & In Planning In Planned

Vantage Data Centers

EdgeCore

Mesa – Phase 2

U/C - 2025 In Planning U/C In Planning

EdgeConnex

Mesa

100 40 160

PHX II PHX III – PHX VI

418,200 2,091,000

Stream Data Centers

Avondale – Phase 1 Avondale – Remaining Phases

260,000 1,042,000 (est.)

7 233 (est.)

U/C – Q4 2025 In Planning

Prime Data Centers

*Excludes Captive & ICT construction updates.

†Total IT Load

ˆ RFS: Ready for Service

CUSHMAN & WAKEFIELD | AMERICAS DATA CENTER MARKET OVERVIEW