Legacy Investing acquires the Heritage Printing Facility in Minneapolis for a 20 MW data center development

Type: Acquisition · Technology: Data Center · Country: United States · Capacity: 20 MW · Value: $20M · Announced: 2026-07-31

Legacy Investing announced the purchase of the Heritage Printing Facility from the Minnesota Star Tribune for an estimated $20 million, securing a 13‑acre site in Minneapolis. The site will host a next‑generation 20 MW data center, marking the company's entry into urban digital infrastructure. The transaction is slated to close in the fourth quarter of 2026, despite a city‑wide moratorium on data‑center expansion that excludes facilities under 350,000 sq ft. Legacy Investing, which manages roughly 20 million sq ft of industrial and data‑center assets, will integrate the new data center into its broader master‑redevelopment plan for the property.

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