Colo Bytes: Digital Realty, Equinix, CyrusOne, Keystone

March 9th, 2016 by · Leave a Comment

Several colo-related items from this week's news that are worth a quick look:

Digital Realty is finally making a move on the European internet hub of Frankfurt. They have purchased land in the German city about 3 miles west of downtown for $6M. The long term plan is to build a 3 building campus of some 340,000 square feet with 27MW of power, although I'm sure they'll be starting with only a fraction of that at first.

Equinix's Japanese footprint got another boost today. Their new $43M facility in Tokyo has officially opened its doors, bringing 54,663 square feet of space and 350 cabinets to the table now with another 375 cabinets in phase 2. TY5 is near TY3 and the city's key financial nodes. Equinix also recently closed the purchase of Bit-isle, dramatically expanding its footprint in the country inorganically as well.

CyrusOne is making progress in expanding its footprint in northern Virginia. Their new 230,000 square foot, 30 megawatt expansion in Sterling now has its steel framework in place. They will be celebrating with a 'topping out' ceremony later today. It will be their second on the site, following closely on the 2015 opening of their initial Sterling buildout.

And in Pennsylvania, Keystone NAP has landed some funding to help with its next phase of growth. Via a $15M senior debt facility from White Oak Global Advisors, they expect to complete the purchase of the US Steel property along the Delaware River in eastern Pennsylvania on which they operate. They also revealed two new customers in Aria Health and an unnamed financial services firm from New Jersey, as well as fiber from Comcast Business and Sunesys and a managed services presence for both Xtium and SIAS.

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