RadiusDC to Acquire PhoenixNAP's Phoenix Data Center and Colocation Business

Transaction establishes foundation for expanded Phoenix campus bringing an additional 18+ MW of critical capacity online starting in 1H 2028

Mar. 12, 2026 at 5:15pm

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RadiusDC, a leading provider of data center solutions, has announced that it will acquire the Phoenix data center and colocation business of phoenixNAP. The transaction includes the existing Phoenix colocation facility, interconnection infrastructure, and development rights for future campus expansion, which will establish RadiusDC's Phoenix I campus. The acquisition will allow RadiusDC to expand its national platform and serve customers in one of the fastest-growing data center markets in the U.S.

Why it matters

The acquisition strengthens RadiusDC's national presence and expands its ability to serve customers in the important Phoenix data center market. By combining an established interconnection environment, existing operational infrastructure, and significant expansion capability, the Phoenix I campus offers end users a scalable development platform in a key metropolitan area.

The details

The transaction includes the existing Phoenix colocation facility, interconnection infrastructure, and development rights for future campus expansion. At closing, RadiusDC will commence an expansion at the existing facility, DC1, to increase its total IT power capacity to 8 megawatts. RadiusDC will also advance development of a second facility, DC2, planned to support up to 18 megawatts of additional critical capacity, with initial phases expected to come online beginning in the first half of 2028. Together, these developments position the Phoenix I campus to scale to approximately 26 megawatts of total critical IT power capacity over time.

  • The transaction is expected to close in the second quarter of 2026.
  • Initial phases of the DC2 facility are expected to come online beginning in the first half of 2028.

The players

RadiusDC

A leading provider of highly connected, innovative and resilient data center solutions.

phoenixNAP

A global IT services provider with a focus on cybersecurity and compliance-readiness, whose progressive Infrastructure-as-a-Service solutions are delivered from strategic edge locations worldwide.

Mike Krza

Chief Executive Officer of RadiusDC.

Ian McClarty

President of phoenixNAP.

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What they’re saying

“This acquisition strengthens RadiusDC's national platform and expands our ability to serve customers in one of the country's most important connectivity markets.”

— Mike Krza, Chief Executive Officer of RadiusDC (morningstar.com)

“We are pleased to partner with RadiusDC on the transition of our Phoenix colocation business. This transaction allows phoenixNAP to focus on its core services while ensuring the facility continues to grow under an experienced data center operator. We look forward to ongoing collaboration and continued service for our customers.”

— Ian McClarty, President of phoenixNAP (morningstar.com)

What’s next

The transaction is expected to close in the second quarter of 2026, subject to customary closing conditions and regulatory approvals.

The takeaway

The acquisition of phoenixNAP's Phoenix data center and colocation business strengthens RadiusDC's national platform and expands its ability to serve customers in one of the fastest-growing data center markets in the United States, positioning the company for continued growth and expansion.