Serverfarm, a leading data center company, has recently acquired two state-of-the-art data center campuses in Houston. This move marks Serverfarm’s expansion into the Texas market and strengthens its colocation capabilities across the United States. The acquisition was made possible through equity commitments from Manulife Investment Management, which is Serverfarm’s majority shareholder. CBRE Data Center Capital Markets provided advisory services to the seller during this transaction.
Interestingly, these newly acquired locations were previously owned by HP/DXC but were not mentioned in Serverfarm’s official release. With their expertise in adaptive reuse and sustainable redevelopment of infrastructure, HOU1 and HOU2 will quickly cater to the high-demand Houston market with hyperscale data center capacity. One of these campuses already has a large customer pre-leased for its first phase while both are generating significant interest from hyperscalers and other technology companies.
The current capacity of HOU1 stands at 350,000 square feet with a line-of-sight potential for 410MW of customer capacity. On the other hand, HOU2 spans nearly half a million square feet across two buildings and can scale up to 100MW using existing grid power thanks to secured customer commitments.
