DataBank to acquire Houston-area data centers from CyrusOne
DigitalBridge Group’s portfolio company DataBank has agreed to acquire four existing data centers in the Houston metro area from CyrusOne Inc., a global data center REIT, for $670 million.
The transaction positions DataBank as the largest independent data center provider in Houston, the nation’s fourth-largest metro area. The new facilities will collectively add more than 300,000 square feet of raised-floor data center capacity and 42.5 MW of installed critical IT load, as well as a roster of blue-chip customers from the area’s fast-growing healthcare, financial, energy, media and software sectors. Additionally, one of the facilities being acquired — the Houston West Campus — is the region’s primary interconnection point, with more than 30 fiber networks, 3,500 cross connects and public cloud on-ramps from AWS and Google. Located along a major fiber corridor in Houston, the Houston West Campus is strategically positioned with access to significant and redundant ut