Former Lexmark property sold to Texas data center developer

LEXINGTON, Ky. (WKYT) - Lexmark’s former property on New Circle Road has been sold to a data center developer, according to a report by the Lexington-Herald Leader.

The $29 million sale to Dallas-based DartPoints Operating Company was approved on May 15.

DartPoints operates a dozen data centers across the United States and tailors its infrastructure to grow as its clients’ power demands increase.

The property is 300,000 square feet spread across two buildings.

According to the Herald-Leader, the it has a 20 to 30-megawatt capacity, which is well below the 100+ megawatts that large-scale data centers typically use.

DartPoints said that there is potential to expand the location’s capacity to around 70 megawatts.

The property is already zoned for data center use and comes with an on-site electrical substation, according to the Herald-Leader.

DartPoints officials said that the company wants to use the site to support a variety of customers, including potential support for artificial intelligence.