LEXINGTON, Ky. — A former Lexmark and IBM data center campus here has been sold to Dallas-based data center operator DartPoints for $29 million, according to property records and company officials.

The sale, reported by WUKY 91.3 FM, marks a significant transaction in Lexington's technology infrastructure sector. The facility, which previously served as a major computing hub for the office equipment manufacturer Lexmark and technology giant IBM, represents a valuable asset in the growing data center market.

DartPoints, the Dallas-based operator acquiring the property, specializes in data center operations and management. The company's purchase of the Lexington facility suggests continued investment in regional infrastructure to support cloud computing, data storage, and technology services that have become increasingly critical to businesses across sectors.

Lexmark, which was founded in Lexington in 1991 as a spinoff from IBM, has long been a major presence in the city's technology landscape. The company's decision to divest the data center reflects evolving business strategies within the technology sector, where many equipment manufacturers have shifted focus or consolidated their operations.

The transaction underscores Lexington's ongoing role as a technology hub in Kentucky, even as individual companies adjust their footprints. Data centers have become increasingly valuable assets as demand for cloud services, artificial intelligence infrastructure, and data management continues to grow nationally.

Property records confirm the sale, which represents a significant real estate transaction for the Lexington market. Details about DartPoints' plans for the facility and any potential impact on local employment were not immediately available.