Data center service provider DataBank is expanding beyond the Dallas market with the acquisition of VeriSpace, a colocation provider based in Minneapolis, the company said today.
Digital Realty Trust (DLR) continues to double down in Dallas. The data center developer announced today that it has acquired 400 South Akard Street in Dallas, also known as The Databank Building.
DataBank's new north Dallas data center will be housed in a stand-alone facility at Digital Realty's Datacenter Park Dallas campus in Richardson that will accommodate up to 60,000 square feet of technical space.
DataBank Holdings will develop a major data center facility in north Dallas, expanding its presence in the Dallas market, where the company operates more than 140,000 square feet of space in a former Federal Reserve Bank.
Private equity firm Avista Capital Partners has acquired Dallas data center operator DataBank Holdings from Freeman Group, a private investment firm, the companies said today.