Lincoln Property Company purchased a 191,000-square-foot, partially occupied data center in Chandler, Arizona. The company plans to develop the facility’s vacant shell space, delivering new turnkey data center inventory and implementing cooling system improvements that could save millions of gallons of water per month.

The data center property is located on 14.5 acres at 2500 W. Frye Rd.

The Frye Road property features four data center halls, one of which is fully leased to a Fortune 500 enterprise user. Lincoln plans to fit out the remaining three halls, adding 16MW of critical capacity and positioning the building for immediate lease-up. An initial 4.2MW is targeted for delivery in early Q1 2026.

Lincoln will also transition the project from an evaporative cooled to air cooled mechanical system to save water.

Kristina Metzger, Ben Wobschall and Mark Krison of CBRE represented the seller in the Frye Road facility sale. Lincoln will serve as the building’s property manager.

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