CyrusOne sells data centers in Houston to DataBank for $670 million
U.S. data center operator CyrusOne sold four data centers in the Houston, Texas, area to DataBank for a total of $670 million.
Houston is the 27th U.S. metro market in its portfolio when it comes to DataBank, while the four facilities will add over 300,000 square feet of raised-floor data center capacity, and 42.5 MW of critical IT load. In addition, it includes customers from the area’s healthcare, financial, energy, media, and software sectors.
Given that, DataBank now has more than 65 facilities and 2.0M square feet of raised-floor data center capacity.
“We are excited to add the Houston market to the DataBank portfolio,” said DataBank CEORaul Martynek, DataBank.
“With our deep roots in Texas, it was a logical metro for us to expand into and allows us to bring our digital infrastructure and interconnection solutions to the 4th largest metro in the US. With the addition of Houston, DataBank now covers 27 metro markets, a larger geographic footprint in the US than any other data center operator,” he added.
As such, the sites include 4201 Southwest Freeway, currently known as the CyrusOne Galleria data center, as well as three others known as West I, West II, and West III, which are all located on the Westway Park Blvd Campus.
The company already has a number of data centers in Texas, but the facilities will be DataBank’s first in Houston. It operates seven locations across Dallas and Plano, and one each in Waco and Austin.
In addition, the data centers represent CyrusOne’s entire Houston mark, while retaining eight Texan data centers across Austin, Dallas, and San Antonio. CyrusOne was purchased, in November 2021, by investment firm KKR and Global Infrastructure Partners for $15 billion in the most expensive data center acquisition ever.
It is worth mentioning that CyrusOne has been expanding its business with new locations, having a new facility in Minneapolis, Minnesota which opened back November. It also purchased a warehouse in Denver to convert into a data center, bought another facility in Utah, acquired a former Verizon data center in Orangeburg, New York, and announced a new data center in Virginia.