vXchange has reportedly sold its Austin, Texas, data center Element Critical in what would be its third facility sale in 12 months.
The facility is no longer listed vXchange’s site, which it previously described as a “104,000 sq. ft. facility situated at the heart of an 18-acre campus… [with] the capacity to grow to 26MW of power,” and the company seemingly hasn’t made a public announcement about the sale.
DCD has reached out to vXchange and Element Critical about the sale and will update with further details as they come out.
Vxchnge reportedly bought the Austin facility in 2017 for $20 million from Digital Realty, from whom the company was previously leasing. The same year the company announced it had secured more than $200 million for expansions, including at the Austin facility.
vXchange currently operates eight data centers across the US totaling almost 300,000 sq ft of space.
Earlier this year vXchange sold its 84,000 sq ft (7,800 sq m) Santa Clara facility to Cologix, having previously sold its 16,000 sq ft Minneapolis, Minnesota, facility within the city’s 511 Building to Cologix last year.
Foundations noted that it is currently “unclear if the company is grooming its portfolio or potentially winding down operations via asset sales.”
This deal would be Element’s second Texas facility, having acquired Skybox Datacenters’s Houston One data center in March. Founded in 2014, Element Critical has four other data centers; one in Sunnyvale, California, two in Chicago, Illinois, and another in Tyson's Corner, Virginia.