Data Center View - January 8, 2026 - Vantage acquires land for $58.5M

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NEWS ROUNDUP

DEVELOPMENT: Vantage expands data center footprint with $58.5 million land acquisition. Vantage Data Centers acquired a 70-acre site in Glendale, Arizona for $58.47 million. The site sits within Merit Partners’ 614-acre Camelback 303 master-planned development originally planned as a $1.5 billion logistics park but now emerging as a data center hub.

DEVELOPMENT: Microsoft plans $400 million expansion in Texas. Microsoft is building a new $400 million, 195,670-square-foot colocation data center in Medina County. The one-story facility is scheduled for completion by July 2028.

DEVELOPMENT: Texas Pacific Land partners with Bolt to develop West Texas campuses. Texas Pacific Land has entered a strategic agreement with Data & Energy (Bolt) to develop large-scale data center campuses and supporting infrastructure across TPL’s land in West Texas. Ty Glover, CEO of TPL, said the partnership positions West Texas to become a major global hub for AI compute infrastructure. Bolt is co-founded by Eric Schmidt, former CEO and chairman of Google, who also serves as Bolt’s chairman.

M&A: New Era acquires full control of West Texas project. New Era Energy & Digital has agreed to acquire the remaining 50% stake in Texas Critical Data Centers (TCDC) from partner Sharon AI, taking full ownership of its hyperscale data center site near Odessa in Ector County, Texas. The total transaction value is $70 million, structured as $10 million in cash, $10 million in stock payable March 31, 2026, and a $50 million senior secured note, of which $40 million is non-convertible debt. E. Will Gray II, CEO of New Era Energy & Digital, said full ownership allows the company to better align capital and development and accelerate execution.

READ: Data center investment surges amid AI boom.

DATA CENTER PROPERTY FOR SALE

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564 Acres Over Three Parcels | Four 100 kV Duke Energy Transmission Circuits Onsite | Long Haul Fiber Runs Less Than a Half Mile From the Site

124,190 SF | 25.6 Acres | Existing Data Center With Redevelopment Potential

ONE MORE THING

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