Digital Realty is expanding into Kansas City, with plans for a large campus, having acquired powered land in De Soto, Kansas.. Digital has also upped its stake in South African data center firm Teraco and acquired US investment firm Columbia Capital.. “These transactions support the continued momentum of Digital Realty’s three core pillars of growth.
The purchase of land in the Kansas City metro enhances our ability to serve hyperscale customers’ near-term requirements, while our increased stake in Teraco strengthens our position in Africa’s leading data center platform and supports the continued growth of our global colocation and connectivity business,” said Andy Power, president and CEO of Digital Realty.. Power continued: “Our history of collaboration with Columbia Capital reflects a shared long-term perspective while providing additional flexibility to support the scaling of both our hyperscale development pipeline and our private capital platform.”. – Digital Realty.
DRT acquires land outside Kansas City. The company this week announced the acquisition of a powered land site in the Kansas City metro.. Digital has acquired approximately 1,440 acres of land at the Astra Enterprise Park in DeSoto, Kansas, at W 103rd St & Lexington Ave..
The site, set to support hyperscale data center development, was acquired from the Sunflower Redevelopment Group in April for approximately $475 million.. The first phase, known as Astra North, would cover approximately 280 acres. Up to nine buildings are planned, totaling around 3 million sq ft (278, 710 sqm), and an on-site substation..
Digital has entered into an energy service agreement with local utility Evergy to provide 600MW of utility power by early 2028, rising to 2GW at full delivery. Digital will be paying for its energy on Kansas’ higher large-load tariff.. The site will reportedly rely on outside air-cooling for most of the time, with evaporative cooling for peak hot periods..
The 9,000-acre Astra park, located southwest of Kansas City, was previously home to the US Government’s Sunflower Army Ammunition Plant. The plant shut down in 1993, and the land was transferred over for redevelopment in 2005. Today, the site is operated by real estate firm Kessinger Hunter.
Panasonic is developing a battery production facility on 300 acres at the industrial park. A 600MW solar farm could be developed on around 3,000 acres within the park.. Local press reported on Digital’s acquisition of the site and development plans earlier this month.
City documents suggest the campus is known as Project Jayhawk.. Digital aims to fund a new industrial wastewater treatment plant as part of the project.. Beale Infrastructure is currently looking to develop in De Soto..
Digital ups Teraco ownership. Digital has also upped its ownership in South African data center firm Teraco.. Digital Realty will purchase a further 16 percent stake for approximately $650 million, paid for principally via the issuance of 3.4 million shares of common stock.
The deal is expected to close in the second half of 2026.. The US firm will now own 77 percent of Teraco, acquiring shares from certain minority shareholders.. Founded in 2008, Digital Realty acquired a majority stake in Teraco in January 2022, in a deal valuing the company at approximately $3.5 billion..
At full expansion, Teraco’s total capacity across its portfolio is set to reach 191MW. This includes the Isando Campus (JB1/JB3/JB5: 70MW), Bredell Campus (JB2/JB4: 64MW), Cape Town Campus (CT1/CT2: 55MW), and Durban (DB1: 2MW).. A Teraco data center – Teraco.
Digital acquires Columbia Capital for $485 million. Digital Realty has also acquired US investment firm Columbia Capital (aka ColCap). Digital plans to acquire Columbia for approximately $485 million principally through the issuance of 2.3 million shares of common stock..
Founded in 1989, Columbia Capital is focused on the communications, technology, and digital infrastructure space, with more than $9 billion in fund commitments from hundreds of investors, including sovereign wealth funds, pension funds, insurance companies, endowments, and other institutional investors.. Digital Realty said the deal will accelerate its Strategic Private Capital platform.
The company closed its new $3.25 billion US hyperscale data center fund earlier this year.. The acquisition is expected to close in the second half of 2026.. Columbia is a long-time co-investor in Teraco.
Digital and Columbia have also previously partnered through Vela Infrastructure, a subsea cable landing station developer founded in 2024.. Having previously invested in Cologix and euNetworks, Columbia’s main data center investments currently include US operator Centra, data center part developer Tract, Digital Realty’s Teraco in South Africa, and Germany’s IPB/Carrier Colo, as well as several fiber firms..
Digital’s new fund is primarily focused on the ownership and development of hyperscale data centers across the major Tier 1 metros in the US, including Northern Virginia, California, Texas, Georgia, and New York. Digital Realty will retain a 20 percent ownership interest in the fund’s portfolio and serves as the manager of the fund..
Thank you for subscribing to our newsletter series.. More in Investment / M&A / Financing. 26 Jan 2026.
13 Jan 2026. More in North America. 07 May 2026.
05 May 2026
