RadiusDC expands into Phoenix market with acquisition of phoenixNAP data center campus

RadiusDC has agreed to acquire phoenixNAP's Phoenix colocation business, including an operational facility and development rights for expansion. The transaction adds 8 MW of existing capacity with plans to scale to 26 MW, strengthening RadiusDC's presence in one of the US's fastest-growing data center markets.

RadiusDC has entered into a definitive agreement to acquire the Phoenix data center and colocation business of phoenixNAP, according to an official announcement. The transaction, expected to close in the second quarter of 2026 subject to regulatory approvals, includes the existing colocation facility, interconnection infrastructure, and development rights for future campus expansion. phoenixNAP will retain ownership of its Bare Metal Cloud and network service platforms and remain a tenant in the facility.

RadiusDC is a data center solutions provider with facilities across multiple US metropolitan markets. phoenixNAP is a global infrastructure provider offering colocation, bare metal cloud, and network services from its Phoenix facility. Following closing, RadiusDC will expand the existing DC1 facility to increase total IT power capacity to 8 MW. A second facility, DC2, is planned to support up to 18 MW of additional capacity, with initial phases expected online in the first half of 2028. The combined Phoenix I campus is positioned to scale to approximately 26 MW of total critical IT power capacity over time, leveraging committed utility capacity and existing interconnection infrastructure.

This acquisition matters for the data center industry as Phoenix emerges as a major connectivity hub with growing demand for scalable infrastructure. The transaction combines an established interconnection ecosystem with development capacity, offering customers expansion options within a single campus. For RadiusDC, the deal adds a key western US market to its portfolio alongside Miami, Atlanta, Denver, Nashville, and Indianapolis. Stakeholders including enterprise customers, cloud providers, and network operators gain access to expanded capacity in a region experiencing significant digital infrastructure investment.

The transaction structure, where phoenixNAP retains its core service platforms while the facility transfers to a dedicated operator, reflects evolving models in data center ownership and service specialisation. Financial advisors included J.P. Morgan for RadiusDC and BofA Securities for phoenixNAP.