# DC Hub — May 2026 Monthly Trend Snapshot
_Live data as of 2026-05-30._ [Full report](https://dchub.cloud/reports/monthly) · [JSON](https://dchub.cloud/api/v1/reports/monthly) · CC-BY-4.0

## Executive summary
_auto-generated · claude-haiku-4-5-20251001 · 2026-05-30_

**May 2026 Monthly Trend Report – Executive Summary**

Blackstone's $46 billion acquisition of Google's data-center portfolio dominated May transaction flow, accounting for 58% of the month's $78.5 billion in deal value across 114 transactions—a 714% increase in deal count versus April and 1,800% year-over-year. The portfolio transfer moved 12,840 MW across markets, with Richland Parish (5,000 MW across nine facilities) and a single hyperscale asset designated "One" (5,000 MW) capturing the largest individual capacity commitments. Ashburn retained its position as the deepest market by facility count (161 sites, 4,296 MW), though the month's real signal came from growth in lower-density, power-constrained markets: Las Cruces added 4,500 MW in a single facility, while Abilene's four-site cluster reached 2,950 MW. The global fleet expanded to 12,884 facilities (594 added in May alone), pushing total tracked capacity to 849.7 GW.

This concentration of capital into non-traditional hyperscale nodes signals a decisive shift in site selection away from saturated coastal metros toward regions with available transmission and cheaper marginal power. Blackstone's acquisition—closing days before month-end—removes a major seller from the market while positioning a financial buyer with optionality across geographic arbitrage and operational leverage. Expect H2 2026 to see accelerated build-out in the Richland, Las Cruces, and Abilene corridors, particularly if AI workload demand sustains current consumption patterns (121,000+ AI tool calls tracked in May alone, up 9,032% month-over-month). The reversal of Google's direct portfolio ownership also opens the door for hyperscalers to prioritize owned-and-operated capacity in markets with superior power economics rather than compete for Blackstone-managed assets at secondary-market pricing. Watch M&A velocity in Q3: deal flow at this volume typically precedes 12–18-month capacity delivery cycles.

## Headline numbers
- **12,884** facilities tracked
- **849.7 GW** total power (operational + pipeline)
- **594** new facilities discovered this month
- **114** M&A deals tracked ($78.5B disclosed value · 12,840 MW changing hands)

## Top markets by operating MW
- **Richland Parish** — 5,000 MW (9 facilities)
- **One** — 5,000 MW (1 facilities)
- **Las Cruces** — 4,500 MW (1 facilities)
- **Ashburn** — 4,296 MW (161 facilities)
- **Abilene** — 2,950 MW (4 facilities)

## Top deals
- 2026-05-29 · **Blackstone** ← Google · $36.0B
- 2026-05-21 · **Blackstone** ← Google · $5.0B
- 2026-05-21 · **Blackstone** ← Google · $5.0B
- 2026-05-21 · **Blackstone** ← Google · $5.0B
- 2026-05-21 · **Blackstone** ← Google · $5.0B

## Attribution
DC Hub. (2026). Monthly Data Center Trend Report. https://dchub.cloud/reports/monthly. Licensed CC-BY-4.0.

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_Generated 2026-05-30 16:50:34 UTC · [/api/v1/reports/monthly](https://dchub.cloud/api/v1/reports/monthly) · [/llms.txt](https://dchub.cloud/llms.txt)_