Top 10 Data Center Deals & Developments — Week of 2026-07-27
Week of 2026-07-27 · Published July 27, 2026
Market Context
The national data center market has reached a fever pitch this week as the Artificial Intelligence Infrastructure Partnership (AIP) finalized a record-breaking $40 billion acquisition, signaling a new era of hyper-scale consolidation. Strategic shifts are accelerating toward secondary markets like Missouri, where land and power availability are facilitating multi-billion dollar AI campuses that dwarf previous development standards.
Rankings
AIP Acquisition of Aligned Data Centers (National Portfolio)
$40B · 6.4 GW · National Portfolio
A partnership including BlackRock and MGX finalized the $40 billion acquisition of Aligned from Macquarie, including a 6.4 GW pipeline and an additional $5 billion AI-expansion commitment.
Google Hyperscale Campus (Montgomery County, MO)
$15B · 900 Acres · Montgomery County, MO
Google announced a $15 billion investment in a 900-acre site near New Florence, representing the largest single investment in Missouri history and utilizing air-cooled tech for AI workloads.
Vantage 'Stargate' AI Frontier Campus (Shackelford County, TX)
$25B · 1.4 GW · Shackelford County, TX
Vantage broke ground on a massive 1.4 GW, 1,200-acre project in Texas featuring 10 hyperscale facilities to support next-generation AI models for OpenAI and Oracle.
Amazon Hyperscale Development (Montgomery County, MO)
$10B · Hyperscale · Montgomery County, MO
Amazon confirmed a $10 billion investment in new hyperscale infrastructure in Missouri, following a strategic shift to secure large-scale power and land in the Midwest.
Digital Realty Portfolio Buyback (Northern Virginia)
$3.5B · 288 MW · Manassas/Sterling, VA
Digital Realty paid $3.5 billion to buy back Blackstone’s 64% stake in three fully leased Manassas and Sterling facilities, securing 100% ownership of the 288 MW portfolio.
SoftBank Group AI Data Center (Northern France)
$85B · 5 GW · Northern France
SoftBank unveiled a massive €75 billion ($85 billion) initiative to build a 5 GW AI complex, marking a significant global move in AI infrastructure capital flow.
Equinix and CPP atNorth Acquisition (Nordic Region)
$4B · 1 GW · Nordic Region
Equinix and CPP Investments confirmed the $4 billion purchase of atNorth, securing 1 GW of power capacity across multiple high-efficiency sites in Europe.
Amazon GWU Science & Tech Campus Acquisition (Ashburn, VA)
$427M · 122 Acres · Ashburn, VA
Amazon Data Services paid $427 million ($3.5M per acre) for the 122-acre George Washington University campus to fuel its $35 billion long-term Virginia expansion.
Hyperscale Data, Inc. Michigan Campus Expansion
48.5 Acre Expansion · Michigan
The company acquired an additional 48.5 acres to expand its Michigan AI campus to 83 acres, facilitating a new master services agreement for AI hosting.
Amazon Manassas Data Center Acquisition (Manassas, VA)
$65M · 109,543 SF · Manassas, VA
Amazon acquired a 7.66-acre campus for $65 million, repurposing a 109,543-square-foot facility formerly leased to Digital Realty for AWS cloud operations.
Side-by-Side Comparison
| Rank | Deal / Project | Size / Power | Tenant / Buyer | Source | Source |
|---|---|---|---|---|---|
| 1 | AIP Acquisition of Aligned Data Centers (National Portfolio) | $40B · 6.4 GW · National Portfolio | A partnership including BlackRock and MGX finalized the $40 billion acquisition of Aligned from Macquarie, including a 6.4 GW pipeline and an additional $5 billion AI-expansion commitment. | - | Data Center Frontier |
| 2 | Google Hyperscale Campus (Montgomery County, MO) | $15B · 900 Acres · Montgomery County, MO | Google announced a $15 billion investment in a 900-acre site near New Florence, representing the largest single investment in Missouri history and utilizing air-cooled tech for AI workloads. | - | Missourinet |
| 3 | Vantage 'Stargate' AI Frontier Campus (Shackelford County, TX) | $25B · 1.4 GW · Shackelford County, TX | Vantage broke ground on a massive 1.4 GW, 1,200-acre project in Texas featuring 10 hyperscale facilities to support next-generation AI models for OpenAI and Oracle. | - | Data Center Frontier |
| 4 | Amazon Hyperscale Development (Montgomery County, MO) | $10B · Hyperscale · Montgomery County, MO | Amazon confirmed a $10 billion investment in new hyperscale infrastructure in Missouri, following a strategic shift to secure large-scale power and land in the Midwest. | - | GlobeSt |
| 5 | Digital Realty Portfolio Buyback (Northern Virginia) | $3.5B · 288 MW · Manassas/Sterling, VA | Digital Realty paid $3.5 billion to buy back Blackstone’s 64% stake in three fully leased Manassas and Sterling facilities, securing 100% ownership of the 288 MW portfolio. | - | Data Center Knowledge |
| 6 | SoftBank Group AI Data Center (Northern France) | $85B · 5 GW · Northern France | SoftBank unveiled a massive €75 billion ($85 billion) initiative to build a 5 GW AI complex, marking a significant global move in AI infrastructure capital flow. | - | GlobeSt |
| 7 | Equinix and CPP atNorth Acquisition (Nordic Region) | $4B · 1 GW · Nordic Region | Equinix and CPP Investments confirmed the $4 billion purchase of atNorth, securing 1 GW of power capacity across multiple high-efficiency sites in Europe. | - | Data Center Knowledge |
| 8 | Amazon GWU Science & Tech Campus Acquisition (Ashburn, VA) | $427M · 122 Acres · Ashburn, VA | Amazon Data Services paid $427 million ($3.5M per acre) for the 122-acre George Washington University campus to fuel its $35 billion long-term Virginia expansion. | - | The Washington Post |
| 9 | Hyperscale Data, Inc. Michigan Campus Expansion | 48.5 Acre Expansion · Michigan | The company acquired an additional 48.5 acres to expand its Michigan AI campus to 83 acres, facilitating a new master services agreement for AI hosting. | - | The Real Deal |
| 10 | Amazon Manassas Data Center Acquisition (Manassas, VA) | $65M · 109,543 SF · Manassas, VA | Amazon acquired a 7.66-acre campus for $65 million, repurposing a 109,543-square-foot facility formerly leased to Digital Realty for AWS cloud operations. | - | Virginia Business |
Rankings are built using live web research and publicly available data. Sources are cited inline. This content is for informational purposes only and does not constitute investment advice. View all rankings →