Tech, Data Center Campus Could Replace Vacant Phoenix Office Project

Article originally posted on Phoenix Business Journal on February 2, 2024

Menlo Equities has proposed a large technology and data center project in place of an existing office park in southeast Phoenix.

The Menlo Park, California-based commercial real estate investment firm wants to develop a 1 million-square-foot campus with five buildings each totaling about 206,500 square feet on about 40 acres at the southwest corner of Thistle Landing Drive and 50th St. in the Ahwatukee neighborhood.

As opposed to a traditional data center development, the proposed project — called East Thistle Data Center — will include a mix of uses including office space for research and development and data storage for businesses located at the campus, according to documents submitted to the city of Phoenix.

Read complete article here: https://www.bizjournals.com/phoenix/news/2024/02/01/menlo-equities-phoenix-data-center-tech-campus.html