Columbus Data Center Acquired by Occupier
April 30, 2026
Ohio
Thor Equities Group has significantly expanded its plans for the Van Wert "Mega Site" since its initial 221-acre acquisition from the Marsh Foundation. Now spanning approximately 900 acres following recent land annexations, the campus is designed to support a massive power capacity with an estimated long-term investment reaching $10 billion.
While physical construction on the data center buildings is slated to begin in the third or fourth quarter of 2026, current activity is focused on infrastructure readiness, including road extensions and the development of high-capacity substations. The project will utilize closed-loop cooling systems to protect local water resources and is projected to generate $200 million in tax revenue for Van Wert County over the next 15 years.
Thor Equities is a leader in the development, leasing and management of office, industrial, laboratory, residential, hotel and mixed-use assets in premier urban locations worldwide. The company operates in major cities around the globe and has a property portfolio totaling $20 billion with a development pipeline in excess of 50 million square feet. Thor has a strong presence on three continents and in addition to its US holdings, the company has assets in European gateway cities including London, Paris, Madrid, and Milan, and is the largest developer in Mexico through its Latin American division with a development pipeline of over 18 million square feet. Thor maximizes returns for institutional investors by recognizing a property’s potential, reducing operating expenses, increasing tenant satisfaction, leveraging market trends to maintain a long-term competitive edge. For more information, visit www.thorequities.com.
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