Here's a quick look at some of the news from the industry this week:
Digital Realty is turning over an 80% share in a selection of its inventory to a joint venture with Prudential Real Estate Investors. It's a $369M arrangement in which Digital Realty will seed the JV with nine 'Powered Base Building' data centers of 1.06M square feet in exchange for some $328.6M in cash. The facilities are fully leased with an average remaining lease term of about 9 years. Whether this sort of arrangement is a template for further activity, I truly have no idea yet. (Anybody?)
Savvis is expanding its footprint up in the Minneapolis/St.Paul metro area. They've got a new facility tee'd up in Shakopee that will come online in the spring of 2014. When complete it will have 100,000 square feet of raised floor space and 4.8Mw of power, but the initial launch will be for 13,000 square feet and 1.2Mw. That will give them their second data center in the city. Compass Datacenters is developing the facility and leasing it to Savvis.
Global Capacity has added another node to its One Marketplace platform. They've expanded into San Jose out in California with a new PoP at Equinix's facility at 9 Great Oaks Boulevard. That will put them a cross-connect away from customers across all five of Equinix's data centers in Silicon Valley.
And fresh off its rebranding from Tech Valley Communications, FirstLight Fiber is touting a new customer in the healthcare vertical. Schenectady's SRPC Medical Imaging is using their metro Ethernet services for a network upgrade. FirstLight will provide the WAN that connects radiologists offices and imaging centers. They had been using copper to transfer the digital images... *shiver*.
If you haven't already, please take our Reader Survey! Just 3 questions to help us better understand who is reading Telecom Ramblings so we can serve you better!Categories: Datacenter · Mergers and Acquisitions · Metro fiber