Top 10 Data Center Deals & Developments — Week of 2026-08-03
Week of 2026-08-03 · Published August 3, 2026
Market Context
The national data center market is witnessing a historic surge in capital deployment as hyperscalers race to secure gigawatt-scale capacity for AI infrastructure. This week's highlights include massive land acquisitions in Northern Virginia and a multi-billion dollar joint venture in Texas, signaling a shift toward larger, vertically integrated power and real estate plays.
Rankings
Meta and BlackRock AI Campus, El Paso TX
$14B · 1 GW · El Paso, TX
Meta and BlackRock have partnered to develop a massive 1,000-acre campus designed for one gigawatt of AI capacity, with BlackRock taking an 80% stake.
Amazon Bridgefield Tech Center, Ashburn VA
$427M · 800,000 SF · Ashburn, VA
Amazon Data Services filed site plans for four two-story data centers on the former George Washington University campus following a $427 million land purchase.
Google Project Skye and Virginia Expansion
$9B · 888 Acres · Chesterfield County, VA
Google revealed details for an 888-acre campus in Chesterfield County as part of a larger $9 billion statewide investment strategy in Virginia.
Equinix Q2 2026 Earnings & AI Growth
$2.63B Revenue · 16% YoY Growth · National
Equinix reported record quarterly revenue driven by AI demand, raising its 2026 guidance and noting that the majority of new deals are AI-linked.
Digital Realty Northern Virginia Portfolio Buyout
$3.5B · 288 MW · Northern Virginia
Digital Realty acquired Blackstone's 64% stake in three fully leased hyperscale facilities in Manassas and Sterling to gain full control of the 288 MW portfolio.
Digital Realty Kansas City 2 GW Campus
$474M · 2 GW Scale · De Soto, KS
The REIT entered the Kansas City market with a 1,440-acre land acquisition at Astra Enterprise Park, planning a multi-gigawatt hyperscale hub.
Alphabet Acquisition of Intersect
$4.75B · 10 GW Portfolio · National
In a strategic move to secure power, Alphabet acquired clean energy developer Intersect to fuel its massive ongoing AI data center buildouts.
Digital Realty U.S. Hyperscale Fund
$3.25B Equity · 6 U.S. Metros · National
Digital Realty closed its inaugural U.S. hyperscale fund to develop AI-focused centers across six major metros while managing balance sheet leverage.
AirTrunk $30B Digital Infrastructure Expansion
$30B · 5 GW · Maharashtra, India
While international, this Blackstone-backed commitment to build over 5 gigawatts of capacity reflects the global scale of AI-driven infrastructure demand.
Equinix South Mimms 'Golden Triangle' Campus
$5.26B · 2M SF · South Mimms, UK
Equinix is developing one of Europe's largest AI-focused campuses to capture hyperscale workloads in the UK's critical tech corridor.
Side-by-Side Comparison
| Rank | Deal / Project | Size / Power | Tenant / Buyer | Source | Source |
|---|---|---|---|---|---|
| 1 | Meta and BlackRock AI Campus, El Paso TX | $14B · 1 GW · El Paso, TX | Meta and BlackRock have partnered to develop a massive 1,000-acre campus designed for one gigawatt of AI capacity, with BlackRock taking an 80% stake. | - | Forbes |
| 2 | Amazon Bridgefield Tech Center, Ashburn VA | $427M · 800,000 SF · Ashburn, VA | Amazon Data Services filed site plans for four two-story data centers on the former George Washington University campus following a $427 million land purchase. | - | Bisnow |
| 3 | Google Project Skye and Virginia Expansion | $9B · 888 Acres · Chesterfield County, VA | Google revealed details for an 888-acre campus in Chesterfield County as part of a larger $9 billion statewide investment strategy in Virginia. | - | Bisnow |
| 4 | Equinix Q2 2026 Earnings & AI Growth | $2.63B Revenue · 16% YoY Growth · National | Equinix reported record quarterly revenue driven by AI demand, raising its 2026 guidance and noting that the majority of new deals are AI-linked. | - | Commercial Observer |
| 5 | Digital Realty Northern Virginia Portfolio Buyout | $3.5B · 288 MW · Northern Virginia | Digital Realty acquired Blackstone's 64% stake in three fully leased hyperscale facilities in Manassas and Sterling to gain full control of the 288 MW portfolio. | - | Commercial Observer |
| 6 | Digital Realty Kansas City 2 GW Campus | $474M · 2 GW Scale · De Soto, KS | The REIT entered the Kansas City market with a 1,440-acre land acquisition at Astra Enterprise Park, planning a multi-gigawatt hyperscale hub. | - | Commercial Property Executive |
| 7 | Alphabet Acquisition of Intersect | $4.75B · 10 GW Portfolio · National | In a strategic move to secure power, Alphabet acquired clean energy developer Intersect to fuel its massive ongoing AI data center buildouts. | - | Data Centre Magazine |
| 8 | Digital Realty U.S. Hyperscale Fund | $3.25B Equity · 6 U.S. Metros · National | Digital Realty closed its inaugural U.S. hyperscale fund to develop AI-focused centers across six major metros while managing balance sheet leverage. | - | The AI Consulting Network |
| 9 | AirTrunk $30B Digital Infrastructure Expansion | $30B · 5 GW · Maharashtra, India | While international, this Blackstone-backed commitment to build over 5 gigawatts of capacity reflects the global scale of AI-driven infrastructure demand. | - | Forbes |
| 10 | Equinix South Mimms 'Golden Triangle' Campus | $5.26B · 2M SF · South Mimms, UK | Equinix is developing one of Europe's largest AI-focused campuses to capture hyperscale workloads in the UK's critical tech corridor. | - | Data Centre Magazine |
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 →