RadiusDC announced the acquisition of Miami I, one of the most interconnected data centers in the South Florida market, located in Sweetwater, Florida. RadiusDC acquired Miami I from NextStream, a Latin American data center operator owned by Actis.
RadiusDC is backed by IPI Partners, the largest private global investment platform focused exclusively on data centers.
Miami I is a two-story building with approximately 170,000 square feet of data center space built to withstand Category 5 hurricane winds. RadiusDC expects Miami I to have the potential to support a total of more than 15 megawatts (MW) of critical IT power capacity. The facility is a carrier-neutral, telecom-focused data center serving latency-sensitive workloads in South Florida and providing connectivity to European and South American markets. The significant “Meet-Me Room” provides robust and scalable connectivity to 11 fiber optic and network service providers.
RadiusDC, with support from IPI, plans to immediately invest further in Miami I to expand the site’s capacity from 3.2 MW to 9.2 MW of critical IT power capacity and further strengthen the existing connectivity ecosystem. The first phase of construction is expected to be completed in the first half of 2026.
Mike Krza, CEO of RadiusDC
We believe Miami I is an ideal asset to expand the geographic reach of our connectivity-focused platform due to the strength of its existing network and the immediate growth potential available. We look forward to deploying new strategic data center capacity in the South Florida market in the coming year.
Mauricio Giusti, Partner, Actis
Data centers are critical to connecting communities, enabling economic growth, and providing access to information and education. With this sale, we have found a strong buyer in RadiusDC and look forward to watching Miami I grow under its new ownership while NextStream continues to focus on the fast-growing Latin American market.
