Moonraker combo space Located in Goodyear, Compass' Phoenix campus is 200 acres and will ultimately offer more than 350 MVA of power.

DALLAS—Compass Datacenters plans to develop up to $3 billion in new data center campuses in the near term. This follows the company receiving additional capital from existing investors, RedBird Capital Partners and Ontario Teachers' Pension Plan, as well as new investment partner the Azrieli Group, an Israeli real estate development company.

The continued support from RedBird Capital and Ontario Teachers' and the introduction of Azrieli to the investor group reinforces Compass's momentum across its key markets, including construction starts at its Phoenix and Northern Virginia data center campuses. The additional capital and financial commitments will allow the company to accelerate its growth plans and better serve its customer base.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.