KKR exits Dallas-Fort Worth portfolio

KKR has completed the divestiture of its Dallas-Fort Worth data centre portfolio to DigitalBridge in a transaction valued at approximately $1.85 billion. The portfolio comprises four operational facilities totaling 210 MW of critical IT capacity, located across the DFW metroplex in established data centre corridors including Richardson, Garland, and Allen.

The sale represents a significant return for KKR, which originally acquired the assets in 2021 as part of a broader digital infrastructure strategy. DigitalBridge, which has been aggressively expanding its data centre holdings globally, views the DFW market as a strategic growth opportunity given the region's robust power infrastructure, central US location, and growing demand from enterprise and hyperscale tenants.

All four facilities are substantially leased, with a weighted average remaining lease term of approximately 7 years. The portfolio includes over 40 acres of development-ready land that could support an additional 150 MW of future capacity. DigitalBridge has indicated plans to invest in expansion of the existing campuses to meet growing demand in the Texas market.