Five 9s Digital Advises On The Acquistion Of $36M Dallas Data Center
Five 9s Digital assisted an institutional client in the identification and acquisition of a data center fully-leased to Sungard Availability Services in Richardson, Texas. The Sungard AS data center is a 75,000 SF facility located in a prime area of the Dallas metropolitan. The building was acquired for approximately $36 Million and adds an exceptional data center investment to our client's growing data center portfolio.
The Dallas area is one of the top three (3) data center markets in the US driven by demand from the technology sector, financial services, healthcare and insurance. Attractive power rates, robust connectivity, and a rapidly growing business community have contributed to the Dallas market's success in attracting world class data centers to the area.