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Lincoln Property acquires Phoenix-area data center for $130 million

Chandler industrial facility to receive significant upgrades for turnkey data center space
This Chandler data center sold as Phoenix-area data center vacancy hits record lows. (CoStar)
This Chandler data center sold as Phoenix-area data center vacancy hits record lows. (CoStar)
By Clarice King with
CoStar Research
December 10, 2025 | 4:53 P.M.

Lincoln Property Company purchased a 191,000-square-foot data center in Chandler, Arizona, from CBRE Investment Management for $130 million.

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News | Lincoln Property acquires Phoenix-area data center for $130 million