A boutique colocation firm in Dallas, Texas, is up for sale, including its 1MW data center.

Intellectual property advisory firm Hilco Streambank this week announced that it is seeking offers to acquire CoreSpace, a Dallas-based data center. An asking price wasn't included, but non-binding indications of interest are due by June 17.

Founded in 2009, the company provides services to more than 200 customers with a full-time staff of six employees. Its offerings include colocation, public and private cloud, dedicated and virtual servers, SEO, and other services to small and medium enterprise clients.

Hilco Streambank is offering a private sale of the company’s assets, including IP addresses, trademarks, domain names, real estate, and hardware. A buyer may also have the opportunity to acquire select assets.

CoreSpace owns a 30,000 square foot (2,785 sqm) data center and office facility in Dallas at 7505 John W. Carpenter Fwy, of which CoreSpace is the sole occupant.

The building is equipped with 1MW of conditioned power, and up to 1.5MW of utility power is backed by an onsite company-owned generator.

Hilco Streambank said CoreSpace currently uses less than 30 percent of its conditioned power infrastructure – and also owns an inventory of onsite equipment, infrastructure, critical power, HVAC components, and hardware.

CoreSpace currently operates out of its Dallas headquarters and the Dallas Infomart building. It generated more than $1.3 million in revenue in 2024. The company moved into the 7505 John W. Carpenter facility back in 2011.

Liana Dunlap, CoreSpace’s founder, president, and CEO, also owns the company.

Representatives for Hilco Streambank told DCD that Dunlap is retiring and CoreSpace’s current leadership is not looking to remain in place, but CoreSpace’s other employees are interested in staying on.

Dunlap said: “CoreSpace choosing to relocate and operate out of Dallas, Texas, since 2012 was the best decision it could have made. Our employees, clients, and the community have been excellent to work with, and we are grateful for the many opportunities and successes we have experienced while headquartered in Dallas.”

She continued: “The IT business is ever changing and ever booming, and it has been exciting to be a part of that ride. I personally started my IT career in 1992, and I have seen how technology has changed our everyday lives in ways we could never have imagined. I am sure the new owners will successfully take the reins and lead CoreSpace on new adventures.”

CoreSpace’s top ten customers each billed an average of more than $50,000 in 2024. In January to March 2025, each billed an average of approximately $8,000 per month.

Hilco Streambank CEO Gabe Fried added: “CoreSpace is an operational business with a small but deeply knowledgeable team of employees. This is an opportunity for anyone new to or experienced in data center operation to step into a nearly break-even enterprise in a significant and growing tech hub.”