CONVERTS FROM TENANT TO OWNER
Colocation and connectivity service provider DataBank, has today announced its purchase of the building and land which currently houses its DEN2 data center at 6900 South Peoria Street in Centennial, Colorado.
This lease-to-own conversion gives DataBank the ability to create a new 11-acre “Centennial Campus” by combining DEN2 property with the adjacent land and building which the company acquired last year at 6961 South Quentin Street for the development of DEN5, DataBank’s 5th Denver market data center.
The new Centennial Campus is therefore, expected to feature two data centers that collectively provide over 115,000 square feet of raised floor and more than 20MW of critical IT load power. The Campus is also designed to be connected via dedicated dark fiber links to DataBank’s 18,000 square foot downtown DEN3 carrier hotel facility with access to over 90 onsite carriers.
“DataBank’s investment in this property aligns with our strategy of owning the largest edge data center footprint in the U.S. By creating this campus, DataBank is responding to Denver’s need for colocation, connectivity, and cloud services, and solidifies our status as a prime location for mission-critical workloads serving the Denver metropolitan area,” said Raul K. Martynek, CEO of DataBank.
This purchase follows DataBank’s announcement of its plan to acquire four existing data centers in the Houston, Texas metro area. Priced at $670 million, the four Houston facilities which is owned by CyrusOne will increase DataBank’s portfolio with the collective addition of more than 300,000 square feet of raised-floor data center capacity, and 42.5MW of critical IT load, as well as a roster of customers from the healthcare, financial, energy, media, and software sectors.
DataBank also plans to expand its capacity in Dallas as it recently announced the expansion of its Atlanta data center ATL3 and Dallas Fort Worth data center DFW3. Expected to be delivered in Q2 2022, DataBank plans to add more than 22,000 square feet of data center space to its ATL3 and DFW3 facility, totaling 44,000 square feet of data center space.