Goodman acquires prime Silicon Valley site for data centre redevelopment
The 45.8-acre infill site will support the development of up to 414K SF of data centre space with 97.3 MW of power and will also offer existing warehouse facilities for lease
Goodman Group (ASX: GMG), a global provider of essential infrastructure for the digital economy, has acquired a 45.8-acre infill property strategically located in the heart of San Jose, California – the epicentre of Silicon Valley and the world’s fifth-largest data centre market.
Surrounded by the headquarters of global tech giants, the site will be an integrated campus combining high value data centres with advanced manufacturing/warehouse space. It will feature two state-of-the-art data centres totalling approximately 414,000 square feet with up to 97.3 MW of available power by 2028, creating a future-ready precinct that supports Silicon Valley’s digital and industrial innovation.
The property currently has two existing R&D buildings totalling 500,349 SF available for lease from October 2026. The estate will be renamed ‘Goodman Innovation Centre San Jose’ to reflect its new mixed-use purpose.
Anthony Rozic, CEO of Goodman North America,
said:
This acquisition is a clear illustration of Goodman’s strategy to deliver infrastructure in major cities, adding value to sites with high barriers to entry, and providing future growth opportunities,
San Jose’s talent, connectivity, and power availability make it ideal for a mixed-use campus that advances technology growth, and manufacturing innovation.”
The transaction bolsters Goodman’s U.S. data centre and industrial development pipeline, reinforcing its commitment to multi-use real estate solutions that align with technology-driven growth across key global markets.
Goodman Group has been developing its data centre capability since 2005 with 0.7GW of data centres and powered sites delivered globally. Its global power bank of 5.0 GW includes completed facilities, secured power and potential data centre projects across 13 major international cities. Its logistics portfolio has grown from eight properties in Sydney, Australia when it first listed on the Australian Stock Exchange in 1995 – to more than 430 properties in 15 countries today.
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Goodman acquires prime Silicon Valley site for data centre redevelopment, source
