Zayo Group Holdings, Inc. has purchased Stream Data Centers’ 36,000-sq-ft Dallas facility located at 1100 Empire Central Place. The purchase strengthens Zayo’s Dallas data center footprint to 61,000 sq ft across four locations.
Zayo has experienced accelerating demand for data center and interconnection services in Dallas, fueled by customers in technology and energy sectors. Zayo is already selling into the new data center. Based on revenue from expected bookings, Zayo anticipates a 40% or higher return on its capital investment.
The site will provide access to Zayo’s dense fiber backbone in Dallas, which spans more than 3,500 miles, inclusive of a large, previously announced fiber-to-the-tower (FTT) deployment. The new data center will tether to Zayo’s key points-of-presence (POPs) in 1950 N. Stemmons Freeway and 2323 Bryan Street via Zayo’s diverse, high-count fiber network.
“Zayo continues to experience very healthy demand for colocation and data center services in the Dallas region,” said Greg Friedman, executive vice president of Colocation and Cloud Infrastructure at Zayo. “We are able to offer customers benefits that go beyond traditional data center services and include access to our high-performance network and robust communications infrastructure.”