US colocation provider TierPoint has acquired a data center in greater Dallas, Texas.

The company this week announced its acquisition of a multi-megawatt data center in Fort Worth, Texas.

– LoopNet

The seller and purchase price were not disclosed.

The new facility – located at 13701 Independence Parkway – is the company’s third in the Dallas-Forth Worth area.

Sat on 13 acres, the building spans 209,200 sq ft (19,435 sqm) across two stories. TierPoint said the site features 45,000 sq ft (4,180 sqm) of data center production space and 5MW of available power.

The company said production space and power are both scalable, including 8MW in the near term and 18MW long-term.

“We’re experiencing exceptionally strong demand for data center services and this new, world-class facility greatly enhances our ability to answer that demand,” said TierPoint chairman and CEO Jerry Kent. “We’re in active, late-stage conversations with multiple companies that have an interest in the facility, which – in addition to supporting traditional colocation needs – is a future landing spot for the large-scale, high-density colocation services required for artificial intelligence and other compute-intensive, GPU-accelerated workloads.”

Originally built by Hillwood Development Company in 2001 and formerly known as the Alliance Gateway Data Center, the data center was purchased by finance and insurance company American International Group (AIG) in 2002. It was put up for sale last year.

Next door to the building at 13751 Independence Parkway is a second (former) data center spanning 88,600 sq ft (8,230 sqm). This was bought by Skyrise Properties in 2007 and marketed by CB Richard Ellis for use as a data center. However, the facility is now occupied by Aero-Glen International, which is using it as its headquarters and distribution center.

Founded in 2010 and majority-owned by Argo Infrastructure, TierPoint operates more than 30 data centers across 18 US markets. In Texas, the company’s existing Dallas facility at 3004 Irving Boulevard was previously owned by Colo4 and offers 68,000 sq ft (6,315 sqm) of data center space; its Allen facility at 820 Allen Commerce Parkway offers 29,000 sq ft (2,695 sqm) of data center space.

Last year TierPoint secured around $1 billion in securitized funding.