A new firm has acquired an enterprise data center in Texas and plans to convert it into a multi-tenant site.

Iozera this week announced it had entered into an agreement to acquire a fully operational 4.5MW data center in Houston. Terms of the deal weren’t shared.

The facility will be expanded and modernized into a 10MW, AI-ready multi-tenant hub able to host Nvidia Blackwell GPUs.

The Houston data center will employ ZutaCore’s HyperCool direct-to-chip, waterless liquid-cooling technology, delivering up to 140kW per rack. Taiwan’s Pegatron will be Iozera's primary source for GPU servers.

The site is currently operating under a short-term leaseback with Tailored Brands-owned Men's Wearhouse.

Details on the location weren’t shared in the release, but confirmed to DCD it is located at 11631 Roark Road.

Sat on just under 47 acres next to a Men's Wearhouse distribution center, the single-story property was built in 2007. The 25,680 sq ft building previously housed 4,600 sq ft of white space.

Iozera said the facility is the “first in a planned network of AI factories” designed to deliver inference and fine-tuning capacity for enterprises close to population centers. Again, details are sparse, but the company told DCD it aims to focus on "retrofitting existing energy-secured assets to bring AI workload capacity online in months."

Timothy Ngo, a venture capitalist with Ryse Ventures, is an investor in Iozera, according to LinkedIn.

Iozera has previously announced plans for a large-scale data center in Morocco. In May 2024, the firm outlined its hopes to build a 386MW data center hub at Tetouan, in the north of Morocco, near the Strait of Gibraltar. It's unclear if the company has started work on that site.