Prologis acquired 141 acres in Butler County from the City of Trenton for $7.7 million

Acquisition Data Center announced Trenton, US Mar 5, 2026

USD7.7M

Deal Value

development

Stage

Project Mila

Project

Prologis acquired 141 acres of land in Butler County, Ohio, from the City of Trenton for $7.7 million in October 2025, with plans for a potential one million sq ft data center.

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Counterparts (2)

Seller

City of Trenton

company

The City of Trenton is a municipal government entity responsible for the development, operation, and maintenance of public infrastructure within its jurisdiction. Its investment strategy focuses on essential services, urban development, and improving the quality of life for its residents through capital improvement projects and strategic partnerships.

Buyer

Prologis

company · 1 deals

Prologis is a logistics real estate company that provides supply chain solutions. They focus on owning, managing, and developing logistics facilities in various countries, offering services related to real estate operations, energy and sustainability, and workforce development.

Deal Analysis

Prologis, a leading logistics real estate company, announced its acquisition of 141 acres of land in Butler County, Ohio, from the City of Trenton for $7.7 million. The transaction, which closed in October 2025 and was announced in March 2026, signals a strategic diversification for Prologis, with plans to develop a potential one million square foot data center on the site. This move positions a traditionally logistics-focused entity to capitalize on the burgeoning demand for digital infrastructure. This deal is particularly notable given Prologis's established expertise in owning, managing, and developing logistics facilities. The pivot towards data center development underscores the escalating need for large, strategically located parcels of land to support hyperscale digital infrastructure. The acquisition from a municipal government entity, the City of Trenton, highlights the collaborative nature often required for such significant industrial developments, providing the city with capital while attracting substantial potential investment and economic activity through the proposed data center project.

Prologis's strategic entry/expansion into data center land development.
Significant land acquisition (141 acres) for a potential 1 million sq ft data center.
Transaction between a major logistics real estate firm and a municipal government.
Location in Butler County, Ohio, for a critical digital infrastructure project.

Source Intelligence

KEY DETAILS

Prologis acquired 141 acres of land. The purchase agreement described a potential for a one million sq ft (92,905 sqm) data center. The detailed plans include four 220,000 sq ft (20,438 sqm) single-story buildings and an on-site substation. Prologis will pay for the costs to upgrade the area infrastructure. The project is expected to use approximately 15 million gallons of water annually. The project site is located within the City's Industrial General (IG) zoning district. A Change.org petition against the proposals has garnered 85 signatures. Quotes: - "Prologis acquired 141 acres in Butler County from the City of Trenton for $7.7 million in October ." - "a potential for a one million sq ft (92,905 sqm) data center." - "the campus will include four 220,000 sq ft (20,438 sqm) single-story buildings and an on-site substation." - "Prologis representatives told the meeting that the company would pay for the costs to upgrade the area infrastructure." - "Based on information, the project is expected to use approximately 15 million gallons of water annually, though all details remain subject to ongoing review and verification." - "The project site is located within the City's Industrial General (IG) zoning district," - "A Change.org petition against the proposals has garnered 85 signatures at the time of writing."

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Deal Size

Prologis acquired 141 acres in Butler County from the City of Trenton for $7.7 million in October .

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Location

Prologis details plans for data center campus outside Cincinnati, Ohio. Prologis acquired 141 acres in Butler County from the City of Trenton for $7.7 million in October . The site, located around a mile south of downtown Trenton in the Trenton Industrial Park, is located off Woodsdale Road, east of Molson Coors’ Trenton Brewery.

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Announcement

March 05, 2026 By Dan Swinhoe

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Signing

Prologis acquired 141 acres in Butler County from the City of Trenton for $7.7 million in October .

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COD

Construction on the first building could start later this year for a 2028 launch, with all four buildings complete by 2029.

PARTIES MENTIONED IN SOURCE

Prologis buyer

"Industrial real estate giant Prologis has detailed plans for a data center development outside Cincinnati, Ohio. Prologis acquired 141 acres in Butler County from the City of Trenton for $7.7 million in October ."

City of Trenton seller

"Prologis acquired 141 acres in Butler County from the City of Trenton for $7.7 million in October ."

high quality Enriched Mar 6, 2026

Timeline

Announced

Mar 5, 2026

Signed

Closed

Source

www.datacenterdynamics.com

View Full Deal Details

Prologis acquired 141 acres in Butler County from the City of Trenton for $7.7 million

Counterparts (2)

Deal Analysis

Source Intelligence

Timeline

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