DigitalBridge Group, Inc. (NYSE:DBRG) yesterday announced that its portfolio company DataBank has agreed to acquire four existing data centers in the Houston metro area from CyrusOne Inc., a premier global data center REIT, for $670 million. The transaction makes DataBank one of the largest independent data center providers 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 over 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 utility power feeds and access to the fastest and most reliable telecommunications networks.
“We are excited to add the high-growth Houston market to DataBank’s portfolio, marking a significant milestone in our expansion efforts as we enter into our 27th metro area and add to what is already the largest edge infrastructure footprint in the United States,” said Raul Martynek, DataBank’s CEO. “We look forward to providing the businesses and people in this important community with best-in-class digital infrastructure.”
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