Colorado developer, Tract, pays $18M ($95k/acre) for 190-acres in Farmington for data center phase two

10/20/2026

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Minneapolis-St. Paul Business Journal

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• Subcategory: Industrial: Data Centers, Land: Industrial

• Tag: Sale

• Additional Filters-Subcategory: Land: Industrial

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

Highlights
Tract Capital Management bought nearly 200 acres in Farmington for $18 million.
The Farmington Technology Park will provide over 175 permanent union jobs.
Tract has faced neighborhood opposition over environmental and community impact concerns.