Top 10 Data Center Deals & Developments — Week of 2026-08-17
Week of 2026-08-17 · Published August 17, 2026
Market Context
The data center market for the week of August 17, 2026, continues to be defined by an aggressive race to secure land and power for AI-driven high-performance computing. Developers are increasingly pivoting from legacy operations toward massive, campus-scale AI infrastructure to meet the surging demand from neocloud and hyperscale tenants.
Rankings
Brookfield and NextEra Energy Paducah AI Campus, Kentucky
1.2 GW · Kentucky
A massive 1.2 GW AI data center campus development planned for the former Department of Energy Paducah Gaseous Diffusion Plant, featuring dedicated on-site power generation.
Hyperscale Data Michigan Campus Expansion and Neocloud Deal
$1.2B · 20 MW · Michigan
Hyperscale Data finalized a 48.5-acre land acquisition and signed a 20 MW AI colocation deal with a neocloud provider, with potential to scale to 52 MW.
Galaxy Digital 'Project Merlin' Campus, Texas
500 Acres · 74 MW · Texas
Galaxy Digital acquired 500 acres in McGregor, Texas, to develop an AI and high-performance computing campus with an initial phase of 74 MW.
Iron Mountain RCH-1 Development, Virginia
48 MW · Richmond, VA
Iron Mountain broke ground on a new 48 MW facility at its Richmond Data Center Campus in White Oak Technology Park.
CyrusOne Medina County Development, Texas
$500M · 460,000 sq ft · Texas
CyrusOne is reportedly moving forward with a 460,000-square-foot data center project representing a $500 million investment.
Digital Realty ATL12 Divestment, Georgia
$65.5M · Atlanta, GA
Digital Realty sold its 31,000 square meter ATL12 facility in Atlanta to Menlo Equities as part of a broader divestment strategy.
Landmark Dividend Jacksonville Acquisition, Florida
$8.1M · Jacksonville, FL
Landmark Dividend acquired a data center in Jacksonville, Florida, currently leased by T-Mobile.
TPG Potential Data Center Acquisition
$2B - $3B · National
Investment firm TPG is actively pursuing the acquisition of a data center company, with a deal value estimated between $2 billion and $3 billion.
DataBank and EdgeCore Stake Sales
$25B Valuation · National
DataBank and EdgeCore are reportedly courting buyers for majority stakes in their companies, driven by high market valuations.
Realty Income Northern Virginia JV
$6B · Northern Virginia
Realty Income joined a joint venture to acquire a portfolio of three hyperscale data center assets in Northern Virginia valued at over $6 billion.
Side-by-Side Comparison
| Rank | Deal / Project | Size / Power | Tenant / Buyer | Source | Source |
|---|---|---|---|---|---|
| 1 | Brookfield and NextEra Energy Paducah AI Campus, Kentucky | 1.2 GW · Kentucky | A massive 1.2 GW AI data center campus development planned for the former Department of Energy Paducah Gaseous Diffusion Plant, featuring dedicated on-site power generation. | - | Data Center Knowledge |
| 2 | Hyperscale Data Michigan Campus Expansion and Neocloud Deal | $1.2B · 20 MW · Michigan | Hyperscale Data finalized a 48.5-acre land acquisition and signed a 20 MW AI colocation deal with a neocloud provider, with potential to scale to 52 MW. | - | Stock Titan |
| 3 | Galaxy Digital 'Project Merlin' Campus, Texas | 500 Acres · 74 MW · Texas | Galaxy Digital acquired 500 acres in McGregor, Texas, to develop an AI and high-performance computing campus with an initial phase of 74 MW. | - | Data Center Knowledge |
| 4 | Iron Mountain RCH-1 Development, Virginia | 48 MW · Richmond, VA | Iron Mountain broke ground on a new 48 MW facility at its Richmond Data Center Campus in White Oak Technology Park. | - | Data Center Knowledge |
| 5 | CyrusOne Medina County Development, Texas | $500M · 460,000 sq ft · Texas | CyrusOne is reportedly moving forward with a 460,000-square-foot data center project representing a $500 million investment. | - | Data Center Knowledge |
| 6 | Digital Realty ATL12 Divestment, Georgia | $65.5M · Atlanta, GA | Digital Realty sold its 31,000 square meter ATL12 facility in Atlanta to Menlo Equities as part of a broader divestment strategy. | - | Data Center Dynamics |
| 7 | Landmark Dividend Jacksonville Acquisition, Florida | $8.1M · Jacksonville, FL | Landmark Dividend acquired a data center in Jacksonville, Florida, currently leased by T-Mobile. | - | Data Center Dynamics |
| 8 | TPG Potential Data Center Acquisition | $2B - $3B · National | Investment firm TPG is actively pursuing the acquisition of a data center company, with a deal value estimated between $2 billion and $3 billion. | - | The Real Deal |
| 9 | DataBank and EdgeCore Stake Sales | $25B Valuation · National | DataBank and EdgeCore are reportedly courting buyers for majority stakes in their companies, driven by high market valuations. | - | Bisnow |
| 10 | Realty Income Northern Virginia JV | $6B · Northern Virginia | Realty Income joined a joint venture to acquire a portfolio of three hyperscale data center assets in Northern Virginia valued at over $6 billion. | - | Bisnow |
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 →