TOR4 WILL JOIN THE SCALELOGIX PORTFOLIO
North American edge data center company Cologix, has just formed a joint venture with CIM Group to construct and operate a new hyperscale data center (TOR4) in Markham, near downtown Toronto.
TOR4 was first announced in June 2021 alongside the acquisition of Zayo Group’s Vancouver data center facilities. As designed, TOR4 will deliver 50,000 square feet of space and a total power capacity of 15MW. This data center is expected to compliment the operations of Cologix’s Toronto campus, joining TOR1 at 151 Front Street West via dark fiber connectivity.
CIM Group is a real estate and infrastructure firm with data center investment footprints across North America. Through the formation of this joint venture, CIM is further expanding its portfolio with Cologix through the construction and operation of TOR4 which is located adjacent to CIM Group’s 105 Clegg data center.
With the recent rebranding of Cologix’s hyperscale data center platform as Scalelogix, the new Toronto data center (TOR4) is set to become the seventh Scalelogix data center and fifth data center in Toronto for Cologix, supporting the company’s cloud-first offerings.
“By executing our Scalelogix pre-leasing strategy of offering strategically located facilities along with access to Cologix’s network-dense ecosystem, we quickly secured a large, anchor tenant for TOR4. With the addition of our newest Scalelogix TOR4 facility, we offer our customers more than 200 Canadian-based networks and over 600 networks across Cologix’s North American footprint,” said Laura Ortman, President and Chief Revenue Officer of Cologix.
“Cologix is an innovative and respected owner and operator of data centers and an ideal fit as a partner for CIM Group as we continue to expand our digital infrastructure portfolio. CIM has identified data centers as a sector with potential for attractive growth and risk-adjusted returns, and is targeting facilities, such as the TOR4 Scalelogix facility, that provide robust connectivity and a well-designed facility in a highly desired location,” said Avi Shemesh, Co-Founder and Principal, CIM Group.
As announced, an anchor tenant has been secured for TOR4 Scalelogix data center in the Toronto market.