The company, which is run by Texas-based logistics firm Team One, will be paying $50 million to move operations from its Austin facility into a new facility.
The company said it expects to open a new, $20 million facility in a warehouse in Austin in 2019.
The move is a major boost for the company’s growing operations in Texas, where Team One has offices and operations that span more than 50 states and more than 30 countries.
The Austin facility will be the second Team One facility in the United States, joining a facility in Phoenix.
The Houston facility is also moving, as is a facility operated by United Parcel Service in Dallas.
The new facility will house the company from 2019 through 2024, and is expected to be completed by 2020, the company said in a statement.
“The arrival of Team One logistics in Texas has been a game changer for our Austin operations,” Jeff Fiell, CEO of Team 1, said in the statement.
“With Team One moving operations to the new facility, the team can focus on its mission to grow our global operations.”
Team One has been growing for years in Austin, Texas, and in other parts of the country, where the company is headquartered.
The San Francisco-based company, whose headquarters are in San Jose, California, was founded in 1997.
The Austin facility, known as the Team One Warehouse, will include more than 3,500 square feet of floor space, 1,200 square feet for storage, a kitchen, conference rooms, meeting rooms, and an office space, the Houston facility has capacity for about 4,200 people, and the Dallas facility has about 2,200.
The team also will have about 1,400 square feet on the ground floor of the new building, Team One said.
Team 1 said it had already begun work on the facility.
In a press release, the Austin-based firm said it would be open to moving its operations to its new facility if a buyer could be found for the Austin warehouse.
“We are confident in the ability of our Austin facility to handle our current demand and the company has invested significant capital to build and maintain this facility in order to provide our employees, team, and customers with a robust, modern facility,” the company wrote.
Austin-based Team One is part of a growing trend of private companies acquiring infrastructure assets in response to growing demand for such services.
A slew of large infrastructure companies, including Oracle and Google, have acquired or are considering buying large chunks of infrastructure assets to help them meet increasing demand for their services.