NTT Data Group Corp. paid $300 million for 173 acres east of Mesa for a data center. The land is at the northeast corner of Pecos and Crismon roads on the former GM Proving Grounds. Levine Investments and Andrew Cohn owned the land. The Phoenix Business Journal reported Cohn and Levine’s group bought 1,805 acres for $45 million in 2004, and now has about 580 acres remaining. Nate Nathan and Courtney Buck of Nathan & Associates Inc. and JLL negotiated the deal.
Last fall, the Mesa City Council okayed a zoning case for the former GM Proving Grounds property to pave the way for a data center that could include seven data halls with 1.7 million square feet, a 100,000-square-foot warehouse and a 106,000-square-foot, two-story office building.
About four miles north of its newly acquired land, NTT already has a 126,000-square-foot data center, which is expected to be the first of seven data centers on its 102-acre, 240MW campus at 10256 Elliot Road in Mesa.
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