Acquisition of 1010 Data Center, Dallas

Deal value: $137,000,000

Acquisition of a 210,000 SF Tier III data center in Dallas, Texas, by Mapletree Investments.

The acquisition of the 1010 Data Center in Dallas by Mapletree Investments is driven by the surging demand for data storage and cloud infrastructure, fueled by trends in digitalization, AI, and cloud computing. Mapletree’s strategy focuses on owning high-quality, income-generating data center real estate in established markets, capitalizing on the sector’s resilient cash flows and long-term growth prospects. The timing reflects both strong investor appetite and a supply-demand imbalance in key U.S. data center markets.