Blockchain Registration Transaction Record

Lincoln Acquires Chandler Data Center, Adds Critical Capacity to Phoenix Market

Lincoln Property Company acquires Chandler data center, adding 16MW capacity to Phoenix market. Features water-saving cooling upgrades and turnkey space for hyperscale users in high-demand tech corridor.

This acquisition addresses the critical shortage of data center capacity in one of America's fastest-growing tech markets at a time when digital transformation and AI workloads are driving unprecedented demand for computing infrastructure. Phoenix's sub-2% vacancy rate creates bottlenecks for businesses seeking to expand their digital operations, making Lincoln's addition of 16MW of turnkey capacity particularly significant. The water conservation improvements—potentially saving 3 million gallons monthly—also demonstrate how data center operators can balance growth with environmental responsibility in water-scarce regions like Arizona. For consumers and businesses alike, this expansion means more reliable digital services, faster cloud computing capabilities, and sustainable infrastructure development that supports the region's economic growth without straining precious water resources.