- Multi-site colocation company selected WiredRE for California data center research and brokerage.
- The site is intended as a 5MW, Tier III colocation facility.
- Transaction suggests Southern California data center market recovering from downturn.
San Francisco, CA – March 13, 2012 – Wired Real Estate Group Inc. (“WiredRE”), the nation’s leading data center advisory firm, has completed the placement of a national colocation company in a 43,000 square foot California data center. The site has 5 MW of existing utility service, and the site is expected to garner over $20 million in investment as a Tier III colocation facility over its useful life.
The California colocation market is the largest in the world, and it has seen significant data center finance activity over the last several years. Colocation and property firms deploying new capital in the region include Latisys, Alchemy Communications, Digital Realty Trust, Equinix, Vantage Data Centers, DuPont Fabros, Scale Matrix, American Internet Services, Fiber Depot, RedIT and others.
“While other advisory firms struggle, we have grown our team and market share throughout the downturn, doubling our revenues in 2011,” commented Everett Thompson, CEO of WiredRE. “With consolidation and renewed investment in the market, the industry has never been stronger, and we expect 2012 to produce accelerated growth for ourselves and both public and privately held colocation firms.”
About Wired Real Estate Group Inc.
WiredRE is the nation’s leading cloud, colocation and data center real estate advisory firm. WiredRE uses its data center knowledge to advise enterprises on data center design, planning, brokerage and finance. The firm has completed over 200 engagements in the last 36 months with leading enterprises, including numerous members of the Fortune 200. Nationally, the firm represents nearly 1 M square feet of colocation and data centers, including major data center developments in Chicago, Denver, Colorado Springs, Pennsylvania and San Francisco. For more information or to search over 1600 data centers, go to www.wiredre.com.