EdgeCore Internet Real Estate Acquires Campus Land in Silicon Valley
DENVER--(BUSINESS WIRE)--Jan 14, 2019--EdgeCore Internet Real Estate, a preeminent developer and operator of state-of-the-art, cloud-connected, wholesale data center campuses has acquired land in Santa Clara, California, to build its fifth US data center campus. The campus is planned to support 80 MW of critical data center capacity and is located in the second largest US data center market near key points of interconnection and cloud-computing hubs. EdgeCore’s Santa Clara campus will be supported by electrical service from Silicon Valley Power. EdgeCore has commenced pre-construction activities on the campus and expects to complete the first phase of capacity during 2020.
With this acquisition, EdgeCore has established the asset base supporting the initial phase of its data center platform with land in five key North American markets. In addition to Santa Clara, EdgeCore has acquired land supporting scalable data center campuses in four additional US markets including Dallas, Phoenix, Northern Virginia, and Reno. In total, EdgeCore controls land positions capable of supporting over 4.4 million square feet and 800 MW of data center capacity to support the growing needs of Global 2000 companies, including hyperscale and Internet companies.
“This is an important milestone in rolling out our wholesale data center platform across the US,” said Matt Muell, SVP Development at EdgeCore. “Santa Clara is the fifth location that we have acquired and commenced development on in less than ten months as we systematically execute upon our goal to be the preeminent developer and operator of wholesale data centers in the United States.”
About EdgeCore Internet Real Estate
EdgeCore Internet Real Estate is a preeminent U.S. developer, owner and operator of highly scalable, cloud-connected, wholesale data center campuses, providing solutions to the Global 2000, including hyperscale cloud and Internet companies. EdgeCore is currently developing data center campuses in Dallas, Phoenix, Northern Virginia, Reno, and Silicon Valley with plans to develop campuses in additional markets. Each of the Company’s five initial campuses is designed to support between 80 and 225 MW of critical load, representing total capacity exceeding 800 MW across the Company’s current platform. EdgeCore is committed to enabling the growth and supporting the rigorous performance requirements of its customers leveraging ready-for-service capacity and bespoke build-to-suit solutions across the U.S. For more information, visit www.edgecore.com or follow us on Twitter or LinkedIn.
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CONTACT: EdgeCore Internet Real Estate
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA COLORADO
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT INTERNET NETWORKS SOFTWARE MOBILE/WIRELESS REIT CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE
SOURCE: EdgeCore Internet Real Estate
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PUB: 01/14/2019 08:00 AM/DISC: 01/14/2019 08:01 AM